Desjardins cut shares of Falco Resources (CVE:FPC) from a buy rating to a hold rating in a report issued on Wednesday, BayStreet.CA reports. Desjardins currently has C$0.60 price target on the stock, down from their prior price target of C$1.50.
FPC opened at C$0.24 on Wednesday. The firm has a 50 day moving average of C$0.25. Falco Resources has a 1-year low of C$0.21 and a 1-year high of C$0.54. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 10.97. The firm has a market cap of $48.85 million and a P/E ratio of -8.10.
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