Falco Resources Ltd. (CVE:FPC – Get Free Report) dropped 32.3% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.21. Approximately 1,420,973 shares traded hands during trading, an increase of 331% from the average daily volume of 329,961 shares. The stock had previously closed at C$0.31.
Falco Resources Stock Performance
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 company has a market cap of C$63.03 million, a price-to-earnings ratio of -22.50 and a beta of 1.59. The firm has a 50 day simple moving average of C$0.32 and a 200-day simple moving average of C$0.31.
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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