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Falco Resources (CVE:FPC) Stock Price Down 17.7% - Here's What Happened

Falco Resources logo with Basic Materials background

Falco Resources Ltd. (CVE:FPC - Get Free Report)'s stock price fell 17.7% on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.26. 2,027,840 shares traded hands during trading, an increase of 324% from the average session volume of 477,984 shares. The stock had previously closed at C$0.31.

Falco Resources Stock Down 25.8 %

The stock has a market cap of C$64.43 million, a PE ratio of -23.00 and a beta of 1.59. The company has a debt-to-equity ratio of 71.48, a current ratio of 0.11 and a quick ratio of 0.33. The company has a 50 day moving average price of C$0.32 and a two-hundred day moving average price of 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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