Falco Resources (CVE:FPC) Stock Price Down 4.4% – Time to Sell?

Falco Resources Ltd. (CVE:FPCGet Free Report) shares fell 4.4% during mid-day trading on Thursday . The company traded as low as C$0.21 and last traded at C$0.22. 90,101 shares changed hands during trading, a decline of 57% from the average session volume of 211,054 shares. The stock had previously closed at C$0.23.

Falco Resources Price Performance

The business’s fifty day moving average price is C$0.20 and its 200 day moving average price is C$0.29. The firm has a market capitalization of C$63.83 million, a price-to-earnings ratio of -14.41 and a beta of 1.59. The company has a current ratio of 0.07, a quick ratio of 0.33 and a debt-to-equity ratio of 74.85.

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.

Further Reading

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