Falco Resources (CVE:FPC) Stock Price Down 19.4% – Time to Sell?

Falco Resources Ltd. (CVE:FPCGet Free Report) fell 19.4% during trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.25. 2,203,762 shares were traded during mid-day trading, an increase of 259% from the average session volume of 614,252 shares. The stock had previously closed at C$0.31.

Falco Resources Trading Down 25.8 %

The stock has a market cap of C$64.43 million, a price-to-earnings ratio of -23.00 and a beta of 1.59. The business has a 50-day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.31. The company has a debt-to-equity ratio of 71.48, a quick ratio of 0.33 and a current ratio of 0.11.

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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