Shares of Falco Resources Ltd. (CVE:FPC – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.45 and last traded at C$0.45, with a volume of 416755 shares. The stock had previously closed at C$0.44.
Falco Resources Trading Up 3.4%
The business’s 50 day moving average price is C$0.36 and its 200-day moving average price is C$0.30. The company has a market cap of C$157.04 million, a price-to-earnings ratio of -45.50 and a beta of 2.00. The company has a debt-to-equity ratio of 74.85, a quick ratio of 0.33 and a current ratio of 0.07.
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. Its principal asset includes the Horne 5 Project located in the former Horne mine. The company was formerly known as Falco Pacific Resource Group Inc and changed its name to Falco Resources Ltd.
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