Falco Resources (CVE:FPC) Stock Price Up 4.9% – What’s Next?

Shares of Falco Resources Ltd. (CVE:FPC) rose 4.9% during trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 88,721 shares traded hands during trading, a decline of 47% from the average daily volume of 167,232 shares. The stock had previously closed at C$0.21.

Falco Resources Stock Up 4.9 %

The business’s 50 day simple moving average is C$0.24 and its 200 day simple moving average is C$0.31. 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 firm has a market capitalization of C$63.83 million, a PE ratio of -14.41 and a beta of 1.59.

Falco Resources Company Profile

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.