Falco Resources (CVE:FPC) Stock Price Down 2.9% - Here's What Happened

Key Points

• Falco Resources Ltd. shares declined by 2.9%, trading at C$0.33 during mid-day on Wednesday, with a total of approximately 268,405 shares exchanged.
• The company holds a market capitalization of C$100.37 million, a PE ratio of 33.00, and a high debt-to-equity ratio of 74.85, indicating significant leverage.
• Falco Resources focuses on exploring and developing mineral properties in Canada, particularly targeting gold, zinc, copper, and silver deposits in the Rouyn-Noranda mining camp in Québec.

Falco Resources Ltd. (CVE:FPC - )'s share price was down 2.9% during mid-day trading on Wednesday . The stock traded as low as C$0.33 and last traded at C$0.33. Approximately 268,405 shares changed hands during trading, a decline of 2% from the average daily volume of 272,621 shares. The stock had previously closed at C$0.34.

Falco Resources Stock Down 2.9%

The company has a quick ratio of 0.33, a current ratio of 0.07 and a debt-to-equity ratio of 74.85. The company has a market capitalization of C$100.37 million, a PE ratio of 33.00 and a beta of 1.45. The company's 50 day moving average is C$0.29 and its two-hundred day moving average is C$0.25.

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.

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