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

Falco Resources Ltd. (CVE:FPC) Director Sean Roosen acquired 500,000 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was acquired at an average cost of C$0.61 per share, with a total value of C$305,000.00. Following the purchase, the director 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 Up 5.3%

Shares of FPC opened at C$0.49 on Friday. The business’s 50 day moving average is C$0.49 and its 200 day moving average is C$0.45. The company has a market capitalization of C$173.21 million, a PE ratio of -49.50 and a beta of 1.35. Falco Resources Ltd. has a 12-month low of C$0.22 and a 12-month high of C$0.65. The company has a current ratio of 0.24, a quick ratio of 0.33 and a debt-to-equity ratio of 57.97.

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.