National Bank Financial Boosts Falco Resources (FPC) Price Target to C$2.10

Falco Resources (CVE:FPC) had its price target raised by National Bank Financial from C$2.00 to C$2.10 in a report issued on Friday.

Separately, Beacon Securities raised Falco Resources from a speculative buy rating to a buy rating in a report on Thursday, October 19th.

Falco Resources (CVE FPC) opened at C$1.03 on Friday. Falco Resources has a twelve month low of C$0.80 and a twelve month high of C$1.65. The stock has a market capitalization of $194.63, a P/E ratio of -20.60 and a beta of 0.34.

Falco Resources (CVE:FPC) last announced its quarterly earnings results on Monday, November 13th. The company reported C($0.01) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of C($0.01).

In other news, Director Claude Ferron sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of C$0.99, for a total value of C$29,700.00. Also, Director Sean Roosen sold 45,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of C$0.88, for a total value of C$39,600.00. Insiders sold 190,000 shares of company stock valued at $177,660 over the last three months.

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About Falco Resources

Falco Resources Ltd., a junior resource exploration company, engages in acquiring and exploring mineral properties in Canada. It explores for base and precious metals, such as gold, silver, and copper deposits. The company's principal assets include a 100% interest in the Rouyn-Noranda mining camp comprising approximately 74,000 hectares located in the Province of Qu??bec.

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