Falco Resources Ltd. (CVE:FPC – Get Free Report) shares were down 11.4% during mid-day trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 664,875 shares changed hands during trading, an increase of 191% from the average daily volume of 228,215 shares. The stock had previously closed at C$0.18.
Falco Resources Stock Down 8.6 %
The company has a current ratio of 0.07, a quick ratio of 0.33 and a debt-to-equity ratio of 74.85. The business has a 50-day moving average price of C$0.23 and a 200-day moving average price of C$0.31. The firm has a market cap of C$47.50 million, a P/E ratio of -10.73 and a beta of 1.59.
About Falco Resources
Falco Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. It explores for base and precious metals, as well as gold, zinc, copper, and silver deposits. The company owns mining claims and contractual rights in relation to mining concessions covering an area of approximately 70,000 hectares of land in the Rouyn-Noranda mining camp located in the Province of Québec.
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