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Falco Resources (CVE:FPC) Trading 1.4% Higher - Still a Buy?

Falco Resources logo with Basic Materials background

Falco Resources Ltd. (CVE:FPC - Get Free Report)'s stock price shot up 1.4% during mid-day trading on Thursday . The stock traded as high as C$0.38 and last traded at C$0.37. 6,500 shares were traded during trading, a decline of 97% from the average session volume of 210,381 shares. The stock had previously closed at C$0.37.

Falco Resources Price Performance

The stock has a 50-day simple moving average of C$0.33 and a 200 day simple moving average of C$0.29. The stock has a market capitalization of C$103.65 million, a P/E ratio of -37.00 and a beta of 1.61. The company has a debt-to-equity ratio of 71.48, a quick ratio of 0.33 and a current ratio of 0.11.

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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