Falco Resources (CVE:FPC) Stock Price Down 32.3% – Here’s Why

Falco Resources Ltd. (CVE:FPCGet Free Report) fell 32.3% during trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.21. 1,420,973 shares changed hands during trading, an increase of 331% from the average session volume of 329,961 shares. The stock had previously closed at C$0.31.

Falco Resources Stock Performance

The stock has a market capitalization of C$61.63 million, a P/E ratio of -22.00 and a beta of 1.59. The company has a quick ratio of 0.33, a current ratio of 0.11 and a debt-to-equity ratio of 71.48. The stock has a 50 day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.31.

About Falco Resources

(Get Free Report)

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.

Read More

Receive News & Ratings for Falco Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falco Resources and related companies with MarketBeat.com's FREE daily email newsletter.