Falco Resources (CVE:FPC) Sets New 52-Week High – Still a Buy?

by · The Markets Daily

Falco Resources Ltd. (CVE:FPC – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$0.46 and last traded at C$0.44, with a volume of 620838 shares traded. The stock had previously closed at C$0.40.

Falco Resources Stock Up 4.7%

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 business has a 50-day simple moving average of C$0.35 and a 200-day simple moving average of C$0.29. The stock has a market cap of C$153.59 million, a P/E ratio of -44.50 and a beta of 2.00.

About Falco Resources

(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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