Haywood Downgrades Falco Resources (FPC) to Hold


In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Falco Resources (FPC). The company received a Hold rating from Haywood’s analyst Pierre Vaillancourt, with a C$0.40 price target.

According to TipRanks.com, Vaillancourt is ranked #1213 out of 5129 analysts.

Falco Resources has an analyst consensus of Moderate Buy, with a price target consensus of C$0.73.

The company has a one-year high of C$1.06 and a one-year low of C$0.28. Currently, Falco Resources has an average volume of 174.1K.

Falco Resources Ltd. is a junior resource exploration company, which engages in the exploration, acquisition, and evaluation of mineral properties. It focuses in the operation of Horne project in Rouyn-Noranda, Lac Laynes property, Newbec central camp, and Tromac eastern camp.

The company’s shares closed on Monday at C$0.32, close to its 52-week low of C$0.28.