Falco Resources (CVE:FPC) Hits New 12-Month Low – Here’s Why

Falco Resources Ltd. (CVE:FPCGet Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.20 and last traded at C$0.18, with a volume of 41063 shares. The stock had previously closed at C$0.19.

Falco Resources Stock Performance

The company’s 50-day moving average is C$0.23 and its two-hundred day moving average is C$0.31. 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 cap of C$51.96 million, a P/E ratio of -11.73 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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