Falco Resources (CVE:FPC) Director Sean Roosen Acquires 500,000 Shares of Stock

Falco Resources Ltd. (CVE:FPC) Director Sean Roosen purchased 500,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were acquired at an average price of C$0.61 per share, for a total transaction of C$305,000.00. Following the completion of 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 Stock Down 9.6%

Shares of FPC opened at C$0.47 on Thursday. The company’s 50-day simple moving average is C$0.49 and its 200-day simple moving average is C$0.45. The company has a debt-to-equity ratio of 57.97, a quick ratio of 0.33 and a current ratio of 0.24. Falco Resources Ltd. has a 1 year low of C$0.22 and a 1 year high of C$0.65. The stock has a market capitalization of C$164.46 million, a PE ratio of -47.00 and a beta of 1.35.

About Falco Resources

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.