Shares of Falco Resources Ltd. (CVE:FPC – Get Free Report) were down 14.3% during mid-day trading on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 451,875 shares changed hands during mid-day trading, an increase of 101% from the average daily volume of 224,385 shares. The stock had previously closed at C$0.18.
Falco Resources Price Performance
The company has a 50 day moving average of C$0.23 and a 200 day moving average of C$0.31. 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 has a market cap of C$47.50 million, a price-to-earnings ratio of -10.73 and a beta of 1.59.
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.
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