Falco Resources (CVE:FPC) Director Acquires C$305,000.00 in Stock

Falco Resources Ltd. (CVE:FPC) Director Sean Roosen acquired 500,000 shares of Falco Resources stock in a transaction that occurred on Wednesday, June 17th. The stock was bought at an average price of C$0.61 per share, with a total value of C$305,000.00. Following the purchase, the director directly owned 2,527,832 shares of the company’s stock, valued at approximately C$1,541,977.52. This trade represents a 24.66% increase in their ownership of the stock.

Falco Resources Trading Up 4.0%

Shares of FPC opened at C$0.52 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.33 and a debt-to-equity ratio of 57.97. The firm’s 50-day moving average is C$0.49 and its two-hundred day moving average is C$0.45. Falco Resources Ltd. has a twelve month low of C$0.22 and a twelve month high of C$0.65. The firm has a market capitalization of C$180.21 million, a P/E ratio of -51.50 and a beta of 1.35.

Falco Resources Company Profile

Falco Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. It explores for base and precious metals, as well as gold, zinc, copper, and silver deposits. The company owns mining claims and contractual rights in relation to mining concessions covering an area of approximately 70,000 hectares of land in the Rouyn-Noranda mining camp located in the Province of Québec. Its principal asset includes the Horne 5 Project located in the former Horne mine. The company was formerly known as Falco Pacific Resource Group Inc and changed its name to Falco Resources Ltd.