Falco Resources Ltd. (CVE:FPC – Get Free Report)’s share price dropped 7.3% during mid-day trading on Thursday . The stock traded as low as C$0.25 and last traded at C$0.26. Approximately 77,924 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 201,289 shares. The stock had previously closed at C$0.28.
Falco Resources Stock Performance
The firm’s 50 day moving average price is C$0.29 and its 200-day moving average price is C$0.19. The firm has a market cap of C$70.61 million, a price-to-earnings ratio of -26.00 and a beta of 1.57. The company has a debt-to-equity ratio of 68.00, a current ratio of 0.11 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.
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