Falco Resources (CVE:FPC) Trading Down 25.8% - What's Next?

Falco Resources Ltd. (CVE:FPC - Get Free Report) shares traded down 25.8% during trading on Wednesday . The company traded as low as C$0.20 and last traded at C$0.23. 2,304,385 shares were traded during trading, an increase of 255% from the average session volume of 649,814 shares. The stock had previously closed at C$0.31.

Falco Resources Trading Down 6.5 %

The firm has a market capitalization of C$60.23 million, a P/E ratio of -21.50 and a beta of 1.59. The business's 50 day moving average is C$0.32 and its two-hundred day moving average is C$0.31. The company has a quick ratio of 0.33, a current ratio of 0.11 and a debt-to-equity ratio of 71.48.

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.