Falco Resources Ltd. (CVE:FPC – Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.29 and traded as high as C$0.36. Falco Resources shares last traded at C$0.35, with a volume of 8,000 shares traded.
Falco Resources Stock Performance
The company has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.29. The company has a debt-to-equity ratio of 74.39, a quick ratio of 0.33 and a current ratio of 0.10. The stock has a market capitalization of C$98.04 million, a price-to-earnings ratio of -17.50 and a beta of 1.61.
About Falco Resources
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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