Falco Resources (CVE:FPC) Shares Up 10.5% – What’s Next?

Falco Resources Ltd. (CVE:FPCGet Free Report)’s stock price was up 10.5% during mid-day trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.42. Approximately 1,077,204 shares traded hands during mid-day trading, an increase of 278% from the average daily volume of 285,063 shares. The stock had previously closed at C$0.38.

Falco Resources Price Performance

The stock has a fifty day moving average of C$0.34 and a 200 day moving average of C$0.28. The stock has a market cap of C$141.51 million, a price-to-earnings ratio of -41.00 and a beta of 1.75. 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

(Get Free Report)

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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