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

Falco Resources Ltd. (CVE:FPCGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.39 and last traded at C$0.39, with a volume of 833845 shares traded. The stock had previously closed at C$0.37.

Falco Resources Trading Up 4.1%

The company has a current ratio of 0.07, a quick ratio of 0.33 and a debt-to-equity ratio of 74.85. The stock has a market cap of C$131.15 million, a P/E ratio of -38.00 and a beta of 1.75. The business’s fifty day simple moving average is C$0.34 and its 200 day simple moving average is C$0.28.

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.

Recommended Stories

Receive News & Ratings for Falco Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falco Resources and related companies with MarketBeat.com's FREE daily email newsletter.