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Falco Resources (CVE:FPC) Trading Down 32.3% - What's Next?

Falco Resources logo with Basic Materials background

Falco Resources Ltd. (CVE:FPC - Get Free Report)'s stock price fell 32.3% on Tuesday . The company traded as low as C$0.20 and last traded at C$0.21. 1,420,973 shares were traded during mid-day trading, an increase of 331% from the average session volume of 329,961 shares. The stock had previously closed at C$0.31.

Falco Resources Stock Down 25.8 %

The company has a quick ratio of 0.33, a current ratio of 0.11 and a debt-to-equity ratio of 71.48. The company has a market capitalization of C$64.43 million, a price-to-earnings ratio of -23.00 and a beta of 1.59. The business's 50-day moving average is C$0.32 and its 200-day moving average is C$0.31.

About Falco Resources

(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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