Falco Resources (CVE:FPC) Shares Up 1.8% - Time to Buy?

Key Points

• Falco Resources Ltd. shares rose by 1.8% during trading on Tuesday, reaching a trading price of C$0.28.
• The company's market capitalization stands at C$85.16 million with a P/E ratio of 28.00, indicating investor confidence and growth potential.
• Falco Resources focuses on the exploration of base and precious metals in Canada, specifically in the Rouyn-Noranda mining camp in Québec.

Falco Resources Ltd. (CVE:FPC - ) shot up 1.8% during trading on Tuesday . The company traded as high as C$0.28 and last traded at C$0.28. 342,870 shares were traded during trading, an increase of 44% from the average session volume of 237,722 shares. The stock had previously closed at C$0.28.

Falco Resources Stock Up 1.8%

The firm has a market capitalization of C$85.16 million, a P/E ratio of 28.00 and a beta of 1.14. The company has a debt-to-equity ratio of 74.85, a quick ratio of 0.33 and a current ratio of 0.07. The business's fifty day moving average price is C$0.25 and its two-hundred day moving average price is C$0.23.

About Falco Resources

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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