Falco Resources (CVE:FPC) Stock Price Up 10.5% – Here’s What Happened

Falco Resources Ltd. (CVE:FPCGet Free Report)’s share price rose 10.5% during mid-day trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.42. Approximately 1,077,204 shares were traded during mid-day trading, an increase of 278% from the average daily volume of 285,063 shares. The stock had previously closed at C$0.38.

Falco Resources Stock Down 7.1%

The company has a market capitalization of C$134.61 million, a PE ratio of -39.00 and a beta of 2.00. The company’s fifty day moving average is C$0.34 and its 200-day moving average is C$0.28. The company has a debt-to-equity ratio of 74.85, a quick ratio of 0.33 and a current ratio of 0.07.

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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