Shares of Falcon Minerals Corporation (NASDAQ:FLMN) traded today at $6.50, eclipsing its 52-week high. Approximately 208,000 shares have changed hands today, as compared to an average 30-day volume of 672,000 shares.
There is potential upside of 115.9% for shares of Falcon Minerals Corporation based on a current price of $6.37 and an average consensus analyst price target of $13.75.
Falcon Minerals Corp is the United States based oil-weighted minerals company. The company owns and acquires high growth core-of-the-core oil and gas minerals. It also owns mineral, royalty, and overriding royalty interests covering more than 250,000 gross unit acres in the Eagle Ford and Austin Chalk in Karnes County, DeWitt County, and Gonzales County Texas. It derives revenue from royalty interests, mineral interests, non-participating royalty interests and overriding royalty interests in oil and natural gas properties in North America.
In the past 52 weeks, shares of Falcon Minerals Corporation have traded between a low of $1.82 and a high of $6.50 and is now at $6.37, which is 250% above that low price.
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