Falco Resources Ltd. (CVE:FPC – Get Free Report) dropped 11.4% on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 710,875 shares were traded during mid-day trading, an increase of 209% from the average daily volume of 229,999 shares. The stock had previously closed at C$0.18.
Falco Resources Stock Performance
The company has a market capitalization of C$47.50 million, a price-to-earnings ratio of -10.73 and a beta of 1.59. The company has a debt-to-equity ratio of 74.85, a quick ratio of 0.33 and a current ratio of 0.07. The firm has a 50-day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.31.
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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