Shares of Falco Resources Ltd. (CVE:FPC – Get Free Report) traded up 0.9% on Tuesday . The company traded as high as C$0.61 and last traded at C$0.58. 858,841 shares were traded during trading, an increase of 74% from the average daily volume of 493,539 shares. The stock had previously closed at C$0.58.
Falco Resources Trading Up 0.9%
The stock has a market cap of C$204.70 million, a price-to-earnings ratio of -58.50 and a beta of 1.16. The company has a debt-to-equity ratio of 57.97, a current ratio of 0.24 and a quick ratio of 0.33. The company’s fifty day moving average price is C$0.52 and its 200-day moving average price is C$0.48.
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. Its principal asset includes the Horne 5 Project located in the former Horne mine. The company was formerly known as Falco Pacific Resource Group Inc and changed its name to Falco Resources Ltd.
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