Falco Resources Ltd. (CVE:FPC – Get Free Report)’s stock price dropped 11.4% during mid-day trading on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 664,875 shares changed hands during mid-day trading, an increase of 191% from the average daily volume of 228,215 shares. The stock had previously closed at C$0.18.
Falco Resources Price Performance
The firm’s 50-day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.30. The company has a market capitalization of C$48.99 million, a price-to-earnings ratio of -11.06 and a beta of 1.59. The company has a debt-to-equity ratio of 74.85, a current ratio of 0.07 and a quick ratio of 0.33.
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.
Further Reading
- Five stocks we like better than Falco Resources
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Is Myers Industries Poised for a Breakout?
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Is BigBear.ai’s 25% Plunge a False Alarm or Fire Sale?
- How to trade using analyst ratings
- Broadcom Confirmed Its AI Outlook: Stock to Hit New Highs Soon
Receive News & Ratings for Falco Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falco Resources and related companies with MarketBeat.com's FREE daily email newsletter.
