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Falco Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. It primarily explores for base and precious metals, gold, zinc, copper, and silver deposits. The company's principal property is the Horne 5 Project located in Rouyn-Noranda, 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.
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Falco Resources Ltd is a Canadian exploration and development company advancing the Horne 5 project in Rouyn‑Noranda, Quebec, a brownfield polymetallic deposit of copper and gold with other metals. Long-term growth drivers include progress on feasibility and permits, resource conversion to reserves, and potential operational leverage from nearby infrastructure and metal price exposure.
Key risks are substantial financing requirements, permitting and environmental hurdles, construction and execution risk, and sensitivity to metal price swings.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Income before tax | -3.34M | -2.99M | -3.17M | -3.87M | -4.44M |
| Net income | -3.41M | -3.40M | -3.15M | -3.85M | -4.41M |
| Selling general administrative | 3.22M | 3.54M | 4.63M | 5.32M | 4.44M |
| Gross profit | -0.03M | -0.02M | -0.02M | -0.03M | -0.04M |
| Reconciled depreciation | 0.03M | 0.02M | 0.02M | 0.03M | 0.01M |
| Ebit | - | -3.04M | -4.04M | -4.92M | -4.01M |
| Ebitda | - | -3.02M | -4.02M | -4.88M | -3.98M |
| Depreciation and amortization | - | 0.02M | 0.02M | 0.03M | 0.04M |
| Operating income | -3.52M | -3.42M | -4.31M | -4.97M | -4.09M |
| Other operating expenses | - | 3.42M | 4.31M | 4.97M | 4.09M |
| Interest expense | 0.02M | 0.04M | 0.40M | 0.37M | 0.23M |
| Tax provision | 0.07M | 0.40M | -0.02M | -0.02M | -0.16M |
| Interest income | 0.26M | 0.38M | 0.27M | 0.05M | 0.07M |
| Net interest income | 0.24M | 0.34M | -0.13M | -0.32M | -0.16M |
| Income tax expense | - | 0.40M | -0.02M | -0.02M | -0.03M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 3.52M | 3.40M | 4.29M | 4.94M | 4.05M |
| Cost of revenue | 0.03M | 0.02M | 0.02M | 0.03M | 0.04M |
| Total other income expense net | -0.07M | 0.08M | 1.28M | 1.41M | -0.20M |
| Net income from continuing ops | -3.41M | -3.40M | -3.15M | -3.85M | -5.13M |
| Net income applicable to common shares | - | -3.40M | -3.15M | -3.85M | -4.41M |
| Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total assets | 151.73M | 142.93M | 137.88M | 112.60M | 145.43M |
| Other current assets | 0.29M | 0.22M | 0.29M | 0.26M | 0.20M |
| Total liab | 101.11M | 90.81M | 82.80M | 71.79M | 59.17M |
| Total stockholder equity | 50.63M | 52.13M | 55.08M | 40.81M | 86.26M |
| Deferred long term liab | - | 1.73M | 1.73M | 1.73M | 1.73M |
| Other current liab | 0.50M | 0.43M | 0.18M | 2.12M | 0.95M |
| Common stock | - | 133.12M | 133.12M | 116.54M | 116.13M |
| Capital stock | 134.74M | 133.12M | 133.12M | 116.54M | 116.13M |
| Retained earnings | -101.41M | -98.00M | -94.61M | -91.46M | -87.61M |
| Other liab | - | 56.36M | 50.14M | 35.67M | 31.01M |
| Other assets | - | 2.63M | 2.63M | 2.63M | 2.63M |
| Cash | 3.68M | 5.92M | 9.02M | 4.15M | 3.63M |
| Total current liabilities | 38.72M | 1.39M | 32.66M | 18.50M | 20.12M |
| Net debt | 32.50M | 27.14M | 21.18M | 23.38M | 12.27M |
| Short long term debt | 36.19M | - | 30.20M | 9.91M | 17.13M |
| Other stockholder equity | - | 0.65M | 0.95M | 0.74M | 0.74M |
| Property plant equipment | - | 133.47M | 122.36M | 104.33M | 87.70M |
| Total current assets | 4.43M | 6.83M | 12.88M | 5.63M | 4.57M |
| Net tangible assets | - | 52.13M | 55.08M | 40.81M | 43.77M |
| Short term investments | - | 0.00M | 3.00M | - | - |
| Net receivables | - | 0.68M | 0.57M | 1.23M | 0.73M |
| Long term debt | - | 33.06M | - | 17.62M | - |
| Accounts payable | - | 0.96M | 2.28M | 6.47M | 2.04M |
| Non currrent assets other | 1.73M | 2.63M | 2.63M | 2.63M | 2.63M |
| Non current assets total | 147.31M | 136.10M | 124.99M | 106.97M | 140.86M |
| Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Investments | -1.64M | 3.00M | -3.00M | -3.00M | -3.00M |
| Change to liabilities | - | -0.25M | -1.48M | 1.22M | 0.80M |
| Total cashflows from investing activities | - | -0.01M | -16.90M | -5.74M | 0.69M |
| Net borrowings | - | - | - | 10.00M | 5.02M |
| Total cash from financing activities | 1.98M | -0.12M | 16.28M | 9.85M | 5.02M |
| Change to operating activities | - | 0.06M | -0.03M | -0.05M | -0.04M |
| Net income | -3.41M | -3.40M | -3.15M | -3.85M | -4.41M |
| Change in cash | -2.24M | -3.10M | 4.87M | 0.52M | 2.52M |
| Begin period cash flow | 5.92M | 9.02M | 4.15M | 3.63M | 1.12M |
| End period cash flow | 3.68M | 5.92M | 9.02M | 4.15M | 3.63M |
| Total cash from operating activities | -2.57M | -2.97M | 5.49M | -3.59M | -3.19M |
| Issuance of capital stock | 2.18M | 0.00M | 17.28M | 0.00M | - |
| Depreciation | 0.03M | 0.02M | 0.02M | 0.03M | 0.04M |
| Other cashflows from investing activities | - | - | - | - | 1.50M |
| Change to account receivables | 0.23M | -0.11M | 0.65M | -0.49M | 0.16M |
| Other cashflows from financing activities | - | -0.12M | -1.00M | 19.59M | 10.04M |
| Change to netincome | - | 0.70M | 9.48M | -0.46M | 0.27M |
| Capital expenditures | 2.55M | 3.01M | 13.90M | 5.74M | 4.09M |
| Change in working capital | 0.43M | -0.29M | -0.86M | 0.68M | 0.92M |
| Stock based compensation | 0.24M | 0.38M | 0.54M | 0.60M | 0.66M |
| Other non cash items | - | -0.08M | 8.96M | -1.04M | -0.35M |
| Free cash flow | -5.12M | -5.98M | -8.41M | -9.33M | -7.28M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|
| FPC Falco Resources Ltd |
0.02 4.82% |
0.43 | - | 48.78 | - | 2.49 | 510.52 |
| SGML Sigma Lithium Resources Corp |
0.04 0.51% |
7.85 | - | 23.09 | 29.72 | 42.12 | 32.66 |
| AFM Alphamin Res |
0.02 1.60% |
1.27 | 8.44 | 9.43 | 2.78 | 3.33 | 3.85 |
| SLI Standard Lithium Ltd |
0.10 5.24% |
2.01 | - | - | 79.52 | 2.40 | 5.29 |
| FWZ Fireweed Zinc Ltd |
-0.02 0.83% |
2.38 | - | 1250.00 | - | 26.07 | -7.01 |
Falco Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. It primarily explores for base and precious metals, gold, zinc, copper, and silver deposits. The company's principal property is the Horne 5 Project located in Rouyn-Noranda, 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.
1100, avenue des Canadiens-de-Montréal, Montreal, QC, Canada, H3B 2S2
514 905 3162
| Name | Title | Year Born |
|---|---|---|
| Mr. Luc Lessard B.A.Sc., Eng. | Pres, CEO & Non-Independent Director | 1964 |
| Mr. Anthony Glavac C.A., CPA | Chief Financial Officer | NA |
| Ms. Helene Cartier Eng., Eng. Ll.B., L.L.B. | VP of Environment & Sustainable Devel. | 1963 |
| Jeffrey White L.L.B., M.B.A. | Director of Investor Relations | NA |
| Ms. Mireille Tremblay | VP of Legal Affairs & Corp. Sec. | NA |
| Mr. Luc Lessard B.A.Sc., Eng. | President, CEO & Non-Independent Director | 1964 |
| Ms. Mireille Tremblay L.L.B. | Vice President of Legal Affairs & Corporate Secretary | NA |
| Ms. Helene Cartier Eng., Eng. Ll.B., L.L.B. | Vice President of Environment, Sustainable Development & Community Relations | 1963 |
| Mr. Anthony Glavac C.A., CPA | Chief Financial Officer & Corporate Secretary | NA |
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