Fancamp Exploration (CVE:FNC) Trading 22.7% Higher – Still a Buy?

by · The Markets Daily

Fancamp Exploration Ltd. (CVE:FNC – Get Free Report) rose 22.7% during mid-day trading on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 480,933 shares traded hands during mid-day trading, an increase of 204% from the average daily volume of 158,322 shares. The stock had previously closed at C$0.11.

Fancamp Exploration Price Performance

The stock’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.09. The firm has a market capitalization of C$31.51 million, a P/E ratio of 6.50 and a beta of 1.60.

Fancamp Exploration Company Profile

(Get Free Report)

Fancamp Exploration Ltd. engages in the exploration and development of mineral properties. It explores for gold; strategic rare earth and base metals; and chromium, zinc, titanium, and iron ore deposits. The company owns various mineral resource properties in Quebec, Ontario, and New Brunswick, Canada. Fancamp Exploration Ltd. was incorporated in 1986 and is headquartered in Burnaby, Canada.

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