Falco Resources (FPC) Sets New 1-Year Low at $0.72

Falco Resources (CVE:FPC)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.72 and last traded at C$0.75, with a volume of 89533 shares traded. The stock had previously closed at C$0.75.

FPC has been the topic of a number of research reports. Desjardins set a C$1.75 price objective on Falco Resources and gave the stock a “buy” rating in a report on Thursday, April 12th. National Bank Financial raised their price objective on Falco Resources from C$2.00 to C$2.10 in a report on Friday, January 26th.

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In related news, insider Hélãƒâ¨Ne Cartier sold 150,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of C$0.90, for a total transaction of C$135,000.00.

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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, 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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