Falco Resources (CVE:FPC) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.60 and last traded at C$0.60, with a volume of 166205 shares trading hands. The stock had previously closed at C$0.62.
Several research firms have recently commented on FPC. National Bank Financial upped their price target on shares of Falco Resources from C$2.00 to C$2.10 in a research report on Friday, January 26th. Desjardins set a C$1.75 price target on shares of Falco Resources and gave the company a “buy” rating in a research report on Thursday, April 12th.
In related news, insider Hélãƒâ¨Ne Cartier sold 150,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of C$0.90, for a total value of C$135,000.00.
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 Québec.
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