Falco Resources (CVE:FPC) Stock Falls 3% – Should You Sell?

Falco Resources Ltd. (CVE:FPC – Get Free Report)’s stock price fell 3% during trading on Tuesday. The company traded as low as C$0.47 and last traded at C$0.48. 68,956 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 470,498 shares. The stock had previously closed at C$0.49.

Falco Resources Trading Down 0.4%

The company has a quick ratio of 0.33, a current ratio of 0.21 and a debt-to-equity ratio of 62.90. The stock has a market capitalization of C$160.93 million, a P/E ratio of -22.65 and a beta of 1.12. The firm’s 50 day simple moving average is C$0.54 and its two-hundred day simple moving average is C$0.49.

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. 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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