National Bank Financial set a C$2.00 price target on Falco Resources (CVE:FPC) in a research note released on Wednesday, January 3rd. The firm currently has an outperform rating on the stock. National Bank Financial also issued estimates for Falco Resources’ FY2018 earnings at ($0.06) EPS, FY2019 earnings at ($0.10) EPS and FY2020 earnings at ($0.08) EPS.
Separately, Beacon Securities upgraded shares of Falco Resources from a speculative buy rating to a buy rating in a research report on Thursday, October 19th.
Shares of Falco Resources (CVE FPC) opened at C$1.08 on Wednesday. Falco Resources has a 1 year low of C$0.80 and a 1 year high of C$1.65. The firm has a market cap of $204.07, a price-to-earnings ratio of -21.60 and a beta of 0.34.
About Falco Resources
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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