Falco Resources Ltd (CVE:FPC) Expected to Post FY2020 Earnings of $0.00 Per Share

Falco Resources Ltd (CVE:FPC) – Investment analysts at Raymond James issued their FY2020 earnings per share estimates for Falco Resources in a research report issued to clients and investors on Monday, July 15th. Raymond James analyst T. Hassan forecasts that the company will earn $0.00 per share for the year.

Separately, Desjardins reiterated an “average” rating and issued a $54.50 target price on shares of Kirkland Lake Gold in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of C$0.60.

CVE FPC opened at C$0.25 on Wednesday. The company has a market capitalization of $53.01 million and a price-to-earnings ratio of -8.62. The company has a debt-to-equity ratio of 10.97, a quick ratio of 0.31 and a current ratio of 0.34. The stock has a 50-day simple moving average of C$0.25. Falco Resources has a twelve month low of C$0.21 and a twelve month high of C$0.54.

Falco Resources Company Profile

Falco Resources Ltd., a junior resource exploration company, engages in the exploring, evaluating, and developing mineral properties in Canada. It explores for base and precious metals, such as gold, zinc, copper, and silver deposits. The company's principal assets include a 100% interest in the Rouyn-Noranda mining camp comprising approximately 67,000 hectares located in the Province of Québec.

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Earnings History and Estimates for Falco Resources (CVE:FPC)

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