Desjardins downgraded shares of Falco Resources (CVE:FPC) from a buy rating to a hold rating in a research note issued to investors on Wednesday, BayStreet.CA reports. Desjardins currently has C$0.60 price objective on the stock, down from their previous price objective of C$1.50.
CVE FPC opened at C$0.24 on Wednesday. The business’s 50 day simple moving average is C$0.25. Falco Resources has a one year low of C$0.21 and a one year high of C$0.54. The firm has a market capitalization of $53.01 million and a PE ratio of -8.10. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 10.97.
About Falco Resources
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