Fancamp Exploration (CVE:FNC) Trading Up 18.2% – Should You Buy?

by · The Cerbat Gem

Fancamp Exploration Ltd. (CVE:FNC – Get Free Report) shot up 18.2% during trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.13. 563,433 shares traded hands during mid-day trading, an increase of 254% from the average session volume of 159,295 shares. The stock had previously closed at C$0.11.

Fancamp Exploration Price Performance

The stock has a market cap of C$31.51 million, a price-to-earnings ratio of 6.50 and a beta of 1.60. The stock’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.09.

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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