Falco Resources (CVE:FPC) Stock Price Down 2.4% – Here’s What Happened

Falco Resources Ltd. (CVE:FPC)’s stock price traded down 2.4% during mid-day trading on Thursday . The company traded as low as C$0.21 and last traded at C$0.21. 100,157 shares traded hands during trading, a decline of 55% from the average session volume of 221,233 shares. The stock had previously closed at C$0.21.

Falco Resources Trading Down 2.4 %

The firm has a market cap of C$57.43 million, a PE ratio of -20.50 and a beta of 1.59. The firm has a fifty day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.31. The company has a current ratio of 0.11, a quick ratio of 0.33 and a debt-to-equity ratio of 71.48.

Falco Resources Company Profile

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.