Falco Resources (CVE:FPC) received a C$2.00 price target from stock analysts at National Bank Financial in a research report issued to clients and investors on Wednesday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 115.05% from the company’s current price.

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.

Shares of Falco Resources (CVE FPC) traded up C$0.06 on Wednesday, hitting C$0.93. 155,207 shares of the stock traded hands, compared to its average volume of 200,932. The company has a market cap of $181.40, a PE ratio of -18.60 and a beta of 0.34. Falco Resources has a one year low of C$0.80 and a one year high of C$1.65.

In related news, Director Sean Roosen sold 45,000 shares of the firm’s stock in a transaction 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. Also, Director Claude Ferron sold 30,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of C$0.99, for a total transaction of C$29,700.00. Insiders have sold a total of 190,000 shares of company stock valued at $177,660 over the last ninety days.

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Falco Resources Company Profile

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 company’s 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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