Falco Resources Ltd. (CVE:FPC – Get Free Report) traded up 0.9% on Tuesday . The stock traded as high as C$0.61 and last traded at C$0.58. Approximately 858,841 shares changed hands during trading, an increase of 74% from the average daily volume of 493,539 shares. The stock had previously closed at C$0.58.
Falco Resources Price Performance
The business’s 50 day moving average is C$0.52 and its two-hundred day moving average is C$0.48. The company has a debt-to-equity ratio of 57.97, a quick ratio of 0.33 and a current ratio of 0.24. The firm has a market capitalization of C$197.70 million, a PE ratio of -56.50 and a beta of 1.16.
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. 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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