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Falco Resources (CVE:FPC) Stock Price Down 2.1% - Here's What Happened

Falco Resources logo with Basic Materials background

Falco Resources Ltd. (CVE:FPC - Get Free Report)'s share price fell 2.1% during trading on Tuesday . The company traded as low as C$0.23 and last traded at C$0.23. 34,605 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 287,805 shares. The stock had previously closed at C$0.24.

Falco Resources Trading Up 2.2%

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 firm's 50 day moving average is C$0.21 and its two-hundred day moving average is C$0.23. The stock has a market cap of C$69.77 million, a price-to-earnings ratio of -15.75 and a beta of 1.59.

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.

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