Falco Resources Ltd. (CVE:FPC – Get Free Report)’s share price traded down 3% during mid-day trading on Tuesday. The stock traded as low as C$0.47 and last traded at C$0.48. 68,956 shares were traded during trading, a decline of 85% from the average daily volume of 470,498 shares. The stock had previously closed at C$0.49.
Falco Resources Trading Down 3.0%
The business’s fifty day moving average price is C$0.54 and its 200 day moving average price is C$0.49. The company has a quick ratio of 0.33, a current ratio of 0.21 and a debt-to-equity ratio of 62.90. The firm has a market capitalization of C$170.52 million, a PE ratio of -24.00 and a beta of 1.12.
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. Its principal asset includes the Horne 5 Project located in the former Horne mine. The company was formerly known as Falco Pacific Resource Group Inc and changed its name to Falco Resources Ltd.
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