Founders Advantage Capital Corp (CVE:FCF) insider Litoski Melanie purchased 6,500 shares of the stock in a transaction on Wednesday, June 20th. The shares were purchased at an average cost of C$1.94 per share, with a total value of C$12,610.00.
Shares of CVE FCF traded down C$0.05 during trading on Thursday, reaching C$1.85. 15,877 shares of the company traded hands, compared to its average volume of 34,771. Founders Advantage Capital Corp has a 12-month low of C$1.70 and a 12-month high of C$2.90.
A number of brokerages have commented on FCF. Raymond James lowered their price target on Founders Advantage Capital from C$3.50 to C$3.00 and set an “outperform” rating for the company in a research report on Thursday, April 26th. Desjardins reduced their price objective on Founders Advantage Capital from C$3.25 to C$3.00 in a research note on Thursday, April 26th.
Founders Advantage Capital Corp. operates as an investment issuer. The firm invests in equity, debt, or other securities of publicly traded companies or middle market privately held entities; and offers financing services in exchange for pre-determined royalties or distributions. It does not invest in commodities, energy, and natural resources.
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