Falco Resources Ltd. (CVE:FPC – Get Free Report) shares fell 25.8% on Wednesday . The company traded as low as C$0.20 and last traded at C$0.23. 2,304,385 shares were traded during trading, an increase of 255% from the average session volume of 649,814 shares. The stock had previously closed at C$0.31.
Falco Resources Price Performance
The stock has a 50 day moving average price of C$0.32 and a two-hundred day moving average price of C$0.31. The company has a debt-to-equity ratio of 71.48, a quick ratio of 0.33 and a current ratio of 0.11. The company has a market capitalization of C$64.43 million, a PE 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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