Falco Resources Ltd Expected to Post FY2018 Earnings of ($0.06) Per Share (FPC)
Falco Resources Ltd (CVE:FPC) – Investment analysts at National Bank Financial issued their FY2018 EPS estimates for shares of Falco Resources in a report issued on Tuesday. National Bank Financial analyst J. Sclodnick anticipates that the company will earn ($0.06) per share for the year. National Bank Financial currently has a “Outperform Spec Overweight” rating on the stock. National Bank Financial also issued estimates for Falco Resources’ FY2019 earnings at ($0.10) EPS and FY2020 earnings at ($0.08) EPS.
Separately, Beacon Securities upgraded Falco Resources from a “speculative buy” rating to a “buy” rating in a research report on Thursday, October 19th.
In other Falco Resources news, Director Sean Roosen sold 48,000 shares of Falco Resources stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of C$0.91, for a total transaction of C$43,680.00. Also, Director Claude Ferron sold 30,000 shares of Falco Resources stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of C$0.99, for a total value of C$29,700.00. Insiders have sold 190,000 shares of company stock worth $177,660 over the last ninety days.
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 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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