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Falco Resources

OTCPK:FPRG.F
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FPRG.F
OTCPK
CA$40M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Falco Resources Ltd., a junior resource exploration company, engages in the exploring, evaluating, and developing mineral properties in Canada. The last earnings update was 36 days ago. More info.


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  • Falco Resources has significant price volatility in the past 3 months.
FPRG.F Share Price and Events
7 Day Returns
-5%
OTCPK:FPRG.F
1.8%
US Metals and Mining
-2%
US Market
1 Year Returns
-41.6%
OTCPK:FPRG.F
-30.4%
US Metals and Mining
-15.1%
US Market
FPRG.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Falco Resources (FPRG.F) -5% -50.7% -48.8% -41.6% -82.3% -63.1%
US Metals and Mining 1.8% -22% -30.6% -30.4% -29% -11%
US Market -2% -19.7% -23.2% -15.1% 3.7% 14.4%
1 Year Return vs Industry and Market
  • FPRG.F underperformed the Metals and Mining industry which returned -30.4% over the past year.
  • FPRG.F underperformed the Market in United States of America which returned -15.1% over the past year.
Price Volatility
FPRG.F
Industry
5yr Volatility vs Market

Value

 Is Falco Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Falco Resources. This is due to cash flow or dividend data being unavailable. The share price is $0.133.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Falco Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Falco Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:FPRG.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.04
TSXV:FPC Share Price ** TSXV (2020-04-03) in CAD CA$0.18
United States of America Metals and Mining Industry PE Ratio Median Figure of 36 Publicly-Listed Metals and Mining Companies 8.14x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.4x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Falco Resources.

OTCPK:FPRG.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:FPC Share Price ÷ EPS (both in CAD)

= 0.18 ÷ -0.04

-4.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Falco Resources is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Falco Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Falco Resources's expected growth come at a high price?
Raw Data
OTCPK:FPRG.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-10.2%per year
United States of America Metals and Mining Industry PEG Ratio Median Figure of 22 Publicly-Listed Metals and Mining Companies -0.12x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.89x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Falco Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Falco Resources's assets?
Raw Data
OTCPK:FPRG.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.40
TSXV:FPC Share Price * TSXV (2020-04-03) in CAD CA$0.18
United States of America Metals and Mining Industry PB Ratio Median Figure of 107 Publicly-Listed Metals and Mining Companies 0.99x
United States of America Market PB Ratio Median Figure of 5,144 Publicly-Listed Companies 1.2x
OTCPK:FPRG.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:FPC Share Price ÷ Book Value per Share (both in CAD)

= 0.18 ÷ 0.40

0.43x

* Primary Listing of Falco Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Falco Resources is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Falco Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Falco Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Falco Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-10.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Falco Resources expected to grow at an attractive rate?
  • Unable to compare Falco Resources's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Falco Resources's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare Falco Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:FPRG.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:FPRG.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -10.2%
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 8.6%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:FPRG.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:FPRG.F Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 0 -12 -13 1
2021-06-30 0 -14 -15 1
2020-06-30 0 -11 -14 1
2020-04-04
OTCPK:FPRG.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 0 -9
2019-09-30 2 -9
2019-06-30 2 -9
2019-03-31 2 -6
2018-12-31 -3 -7
2018-09-30 -6 -7
2018-06-30 -4 -7
2018-03-31 -7 -7
2017-12-31 -4 -7
2017-09-30 -4 -7
2017-06-30 -5 -7
2017-03-31 -4 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Falco Resources is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if Falco Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:FPRG.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Falco Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FPRG.F Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30 -0.02 -0.02 -0.02 1.00
2021-06-30 -0.03 -0.03 -0.03 1.00
2020-06-30 -0.08 -0.08 -0.08 1.00
2020-04-04
OTCPK:FPRG.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.04
2019-09-30 -0.04
2019-06-30 -0.04
2019-03-31 -0.03
2018-12-31 -0.03
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.05
2017-03-31 -0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Falco Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Falco Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Falco Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Falco Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Falco Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Falco Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Falco Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Falco Resources's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Falco Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Falco Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FPRG.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -8.87 4.65
2019-09-30 -8.59 4.83
2019-06-30 -8.92 5.13
2019-03-31 -5.67 4.79
2018-12-31 -6.57 6.01
2018-09-30 -6.71 6.62
2018-06-30 -6.58 6.60
2018-03-31 -6.62 6.44
2017-12-31 -6.68 5.82
2017-09-30 -6.83 4.94
2017-06-30 -6.98 4.29
2017-03-31 -10.41 4.16
2016-12-31 -8.97 3.60
2016-09-30 -7.39 3.21
2016-06-30 -6.18 2.98
2016-03-31 -2.49 0.97
2015-12-31 -4.68 2.97
2015-09-30 -5.58 3.57
2015-06-30 -6.01 3.81
2015-03-31 -5.64 5.63
2014-12-31 -3.63 3.71
2014-09-30 -3.23 3.42
2014-06-30 -2.92 3.05
2014-03-31 -2.21 2.22
2013-12-31 -2.08 2.05
2013-09-30 -1.72 1.64
2013-06-30 -1.73 1.62

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Falco Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Falco Resources has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Falco Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Falco Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Falco Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Falco Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Falco Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Falco Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Falco Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Falco Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Falco Resources Company Filings, last reported 3 months ago.

OTCPK:FPRG.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 83.80 15.90 4.20
2019-09-30 85.51 10.00 0.63
2019-06-30 86.39 10.00 1.12
2019-03-31 91.14 10.00 3.05
2018-12-31 90.21 20.00 0.99
2018-09-30 91.29 19.96 3.36
2018-06-30 92.27 10.00 8.93
2018-03-31 86.60 10.00 13.51
2017-12-31 88.01 10.00 30.64
2017-09-30 81.86 10.00 43.45
2017-06-30 82.70 10.00 53.40
2017-03-31 56.86 10.00 35.87
2016-12-31 48.07 10.00 32.29
2016-09-30 18.94 10.00 4.30
2016-06-30 20.00 10.00 9.39
2016-03-31 22.98 0.00 1.12
2015-12-31 23.24 0.00 3.92
2015-09-30 20.84 0.00 3.85
2015-06-30 19.18 0.00 4.83
2015-03-31 20.11 0.00 7.44
2014-12-31 22.37 0.00 9.31
2014-09-30 14.99 0.00 2.20
2014-06-30 14.36 0.00 3.83
2014-03-31 15.10 0.00 5.65
2013-12-31 15.13 0.00 6.28
2013-09-30 10.86 0.00 2.15
2013-06-30 11.17 0.00 2.80
  • Falco Resources's level of debt (19%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Falco Resources's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Falco Resources has less than a year of cash runway based on current free cash flow.
  • Falco Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.7% each year.
X
Financial health checks
We assess Falco Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Falco Resources has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Falco Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Falco Resources dividends.
If you bought $2,000 of Falco Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Falco Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Falco Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:FPRG.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 3.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1938 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:FPRG.F Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30
2021-06-30
2020-06-30
2020-04-04

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Falco Resources has not reported any payouts.
  • Unable to verify if Falco Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Falco Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Falco Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Falco Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Falco Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Falco Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Falco Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Luc Lessard
COMPENSATION CA$512,254
AGE 55
TENURE AS CEO 5.2 years
CEO Bio

Mr. Luc Lessard, B.A.Sc., Eng., has been Senior Vice President of Technical Services at Osisko Gold Royalties Ltd. since June 30, 2015. Mr. Lessard was Chief Operating Officer of Barkerville Gold Mines Ltd. from February 2016 until October 2018. He has been the Chief Executive Officer and President of Falco Resources Ltd. since February 17, 2015. He has been Consultant at Timmins Gold Corp. since May 24, 2016. He served as Chief Operating Officer and Senior Vice President of Canadian Malartic Partnership. He served as Chief Operating Officer and Senior Vice President of Osisko Mining Corporation from 2011 to 2014. He served as Vice President of Engineering and Construction at Osisko Mining Corporation from October 1, 2007 to February 1, 2011. He served as Vice President of Engineering and Construction at IAMGOLD Corp. from November 2006 to 2007. From January 2000 to November 2006, he served as General Manager of Project and Construction for Cambior Inc. He was responsible for the construction of the Rosebel gold mine in Suriname. He has been an Independent Director of Nighthawk Gold Corp since July 16, 2013. He has more than 25 years of progressive experience in mining development and operations and has participated in several greenfield and brownfield mine construction and development/expansion projects in Quebec and South America. He has been a Director of Falco Resources Ltd. since December 23, 2014. He has been Director of Osisko Metals Incorporated (Formerly known as Bowmore Exploration Ltd.) since February 9, 2016. He had been Director of Highland Copper Company Inc since November 20, 2015 until February 21, 2019. He is a Member of L'Ordre des Ingenieurs du Quebec. He served as an Independent Director of Timmins Gold Corp. since July 31, 2014 until May 24, 2016. He holds a College Degree in Mining Technologies from Collège de la Région de l'Amiante and he has earned the Professional Engineer designation from the Canadian Council of Professional Engineers. He is a graduate of Laval University with a Bachelor of Applied Science in Mining Engineering.

CEO Compensation
  • Luc's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Luc's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Falco Resources management team in years:

4.1
Average Tenure
55
Average Age
  • The tenure for the Falco Resources management team is about average.
Management Team

Luc Lessard

TITLE
President
COMPENSATION
CA$512K
AGE
55
TENURE
5.2 yrs

Anthony Glavac

TITLE
Chief Financial Officer
COMPENSATION
CA$100K
TENURE
1.5 yrs

Hélène Cartier

TITLE
Vice President of Environment & Sustainable Development
COMPENSATION
CA$227K
AGE
56
TENURE
3.1 yrs

François Vézina

TITLE
Vice President of Technical Services
COMPENSATION
CA$312K
TENURE
3.1 yrs

André Le Bel

TITLE
VP of Legal Affairs & Corporate Secretary
AGE
51
TENURE
5.2 yrs

Claude Léveillée

TITLE
Vice-President of Community Relations & Human Resources
COMPENSATION
CA$178K
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure and age of the Falco Resources board of directors in years:

4.4
Average Tenure
55
Average Age
  • The tenure for the Falco Resources board of directors is about average.
Board of Directors

Bryan Coates

TITLE
Chairman
COMPENSATION
CA$26K
AGE
61
TENURE
1.1 yrs

Luc Lessard

TITLE
President
COMPENSATION
CA$512K
AGE
55
TENURE
5.3 yrs

Mario Caron

TITLE
Lead Director
COMPENSATION
CA$40K
AGE
66
TENURE
4.4 yrs

Paola Farnesi

TITLE
Independent Director
COMPENSATION
CA$35K
AGE
52
TENURE
3.4 yrs

Angelina Mehta

TITLE
Independent Director
COMPENSATION
CA$9K
AGE
43
TENURE
1.3 yrs

Jim Franklin

TITLE
Member of Technical Advisory Board
AGE
76
TENURE
7.5 yrs

Harold Gibson

TITLE
Member of Technical Advisory Board
TENURE
7.5 yrs

Howard Poulsen

TITLE
Member of Technical Advisory Board
TENURE
7.5 yrs

Chantal Sorel

TITLE
Independent Director
COMPENSATION
CA$24K
AGE
54
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
29. Nov 19 Buy Luc Lessard Individual 28. Nov 19 28. Nov 19 150,000 $0.16 $23,360
23. Oct 19 Buy Angelina Mehta Individual 22. Oct 19 22. Oct 19 20,000 $0.18 $3,515
14. Oct 19 Buy Chantal Sorel Individual 10. Oct 19 10. Oct 19 110,000 $0.18 $19,598
07. Oct 19 Buy Paola Farnesi Individual 07. Oct 19 07. Oct 19 65,000 $0.19 $12,221
04. Jul 19 Buy Bryan Coates Individual 04. Jul 19 04. Jul 19 40,000 $0.21 $8,269
05. Apr 19 Buy Paola Farnesi Individual 05. Apr 19 05. Apr 19 32,089 $0.24 $7,728
X
Management checks
We assess Falco Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Falco Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Falco Resources Ltd., a junior resource exploration company, engages in the exploring, evaluating, and developing mineral properties in Canada. The company explores for base and precious metals, such as gold, zinc, copper, and silver deposits. It owns mining claims and contractual rights in relation to mining concessions covering approximately 67,000 hectares of land in the Rouyn-Noranda mining camp located in the Province of Québec. The company was formerly known as Falco Pacific Resource Group Inc. and changed its name to Falco Resources Ltd. in July 2014. Falco Resources Ltd. was incorporated in 2010 and is headquartered in Montreal, Canada.

Details
Name: Falco Resources Ltd.
FPRG.F
Exchange: OTCPK
Founded: 2010
CA$28,002,785
226,147,296
Website: http://www.falcores.com
Address: Falco Resources Ltd.
1100, avenue des Canadiens-de-Montréal,
Suite 300,
Montreal,
Quebec, H3B 2S2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV FPC Common Shares TSX Venture Exchange CA CAD 07. Sep 2010
OTCPK FPRG.F Common Shares Pink Sheets LLC US USD 07. Sep 2010
DB 8FP Common Shares Deutsche Boerse AG DE EUR 07. Sep 2010
Number of employees
Current staff
Staff numbers
0
Falco Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 13:03
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.