Falco Resources (CVE:FPC) Sets New 12-Month High – What’s Next?

Falco Resources Ltd. (CVE:FPCGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as C$0.46 and last traded at C$0.44, with a volume of 620838 shares changing hands. The stock had previously closed at C$0.40.

Falco Resources Stock Up 10.0%

The business has a fifty day moving average price of C$0.34 and a two-hundred day moving average price of C$0.28. The company has a current ratio of 0.07, a quick ratio of 0.33 and a debt-to-equity ratio of 74.85. The company has a market cap of C$151.86 million, a price-to-earnings ratio of -44.00 and a beta of 2.00.

Falco Resources Company Profile

(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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