Shares of Falco Resources Ltd. (CVE:FPC – Get Free Report) were down 25.8% during trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.23. Approximately 2,286,385 shares traded hands during mid-day trading, an increase of 257% from the average daily volume of 639,853 shares. The stock had previously closed at C$0.31.
Falco Resources Stock Down 25.8 %
The company has a quick ratio of 0.33, a current ratio of 0.11 and a debt-to-equity ratio of 71.48. The business has a 50-day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.31. The stock has a market capitalization of C$64.43 million, a P/E 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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