Falco Resources Ltd. (CVE:FPC - Get Free Report)'s stock price dropped 25.8% on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.23. Approximately 2,304,385 shares traded hands during trading, an increase of 255% from the average daily volume of 649,814 shares. The stock had previously closed at C$0.31.
Falco Resources Stock Performance
The company has a current ratio of 0.11, a quick ratio of 0.33 and a debt-to-equity ratio of 71.48. The firm's fifty day moving average price is C$0.32 and its 200-day moving average price is C$0.31. The firm has a market cap of C$60.23 million, a price-to-earnings ratio of -21.50 and a beta of 1.59.
About Falco Resources
(
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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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