Falco Resources Ltd. (CVE:FPC – Get Free Report)’s stock price dropped 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 229,298 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 216,633 shares. The stock had previously closed at C$0.18.
Falco Resources Stock Down 11.4 %
The stock has a market cap of C$46.02 million, a P/E ratio of -10.39 and a beta of 1.59. 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 firm’s fifty day moving average is C$0.23 and its 200 day moving average is 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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