Insider Selling: Falco Resources Ltd. (FPC) Director Sells 22,000 Shares of Stock
Falco Resources Ltd. (CVE:FPC) Director Sean Roosen sold 22,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of C$0.94, for a total transaction of C$20,680.00.
Falco Resources Ltd. (CVE:FPC) traded down C$0.02 during midday trading on Thursday, hitting C$0.93. 187,976 shares of the stock were exchanged, compared to its average volume of 232,016. Falco Resources Ltd. has a one year low of C$0.77 and a one year high of C$1.65.
Separately, Beacon Securities raised shares of Falco Resources from a “speculative buy” rating to a “buy” rating in a research note on Thursday, October 19th.
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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, copper, and zinc deposits. The companys principal assets include a 100% interest in the Rouyn-Noranda mining camp comprising approximately 740 square kilometers of mineral claims located in the Province of Québec.
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