Insider Buying: Founders Advantage Capital Corp (FCF) Insider Purchases 83,700 Shares of Stock

Founders Advantage Capital Corp (CVE:FCF) insider Global Opportunitie Harrington bought 83,700 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were bought at an average cost of C$2.13 per share, with a total value of C$178,281.00.

Global Opportunitie Harrington also recently made the following trade(s):

  • On Wednesday, December 6th, Global Opportunitie Harrington bought 57,100 shares of Founders Advantage Capital stock. The shares were bought at an average cost of C$2.11 per share, with a total value of C$120,481.00.
  • On Monday, December 4th, Global Opportunitie Harrington bought 67,600 shares of Founders Advantage Capital stock. The shares were bought at an average cost of C$2.11 per share, with a total value of C$142,636.00.
  • On Friday, November 24th, Global Opportunitie Harrington bought 28,000 shares of Founders Advantage Capital stock. The shares were bought at an average cost of C$2.14 per share, with a total value of C$59,920.00.
  • On Thursday, November 16th, Global Opportunitie Harrington bought 200,000 shares of Founders Advantage Capital stock. The shares were bought at an average cost of C$2.37 per share, with a total value of C$474,000.00.

Shares of Founders Advantage Capital Corp (CVE FCF) traded down C$0.05 during trading hours on Monday, reaching C$2.05. The company had a trading volume of 126,100 shares, compared to its average volume of 25,156. The company has a market cap of $77.61, a price-to-earnings ratio of -41.00 and a beta of -0.37. Founders Advantage Capital Corp has a twelve month low of C$1.89 and a twelve month high of C$3.61.

Founders Advantage Capital (CVE:FCF) last announced its earnings results on Monday, November 27th. The company reported C$0.03 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.03. Founders Advantage Capital had a return on equity of 4.26% and a net margin of 16.60%.

Several research analysts recently issued reports on FCF shares. Raymond James Financial lowered their target price on Founders Advantage Capital from C$3.75 to C$3.50 and set an “outperform” rating for the company in a research report on Wednesday, November 29th. Desjardins lowered their target price on Founders Advantage Capital from C$3.50 to C$3.25 in a research report on Tuesday, November 28th.

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About Founders Advantage Capital

Founders Advantage Capital Corp. operates as an investment issuer. The firm invests in equity, debt, or other securities of publicly traded companies or middle market privately held entities; and offers financing services in exchange for pre-determined royalties or distributions. It does not invest in commodities, energy, and natural resources.

Insider Buying and Selling by Quarter for Founders Advantage Capital (CVE:FCF)

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