Falco Resources (CVE:FPC) Hits New 52-Week Low – Should You Sell?

Falco Resources Ltd. (CVE:FPCGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.21, with a volume of 178405 shares. The stock had previously closed at C$0.22.

Falco Resources Stock Performance

The firm’s 50-day moving average price is C$0.23 and its two-hundred day moving average price is C$0.31. The firm has a market capitalization of C$59.38 million, a PE ratio of -13.41 and a beta of 1.59. The company has a quick ratio of 0.33, a current ratio of 0.07 and a debt-to-equity ratio of 74.85.

Falco Resources Company Profile

(Get Free Report)

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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