Falco Resources Ltd. (CVE:FPC – Get Free Report)’s stock price dropped 19.4% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.25. Approximately 2,203,762 shares were traded during mid-day trading, an increase of 259% from the average daily volume of 614,252 shares. The stock had previously closed at C$0.31.
Falco Resources Stock Down 25.8 %
The company has a debt-to-equity ratio of 71.48, a current ratio of 0.11 and a quick ratio of 0.33. The firm has a 50-day moving average of C$0.33 and a 200 day moving average of C$0.31. The stock has a market capitalization of C$64.43 million, a price-to-earnings ratio of -23.00 and a beta of 1.59.
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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