Fancamp Exploration (CVE:FNC) Trading 15.8% Higher – Should You Buy?
by Kim Johansen · The Markets DailyFancamp Exploration Ltd. (CVE:FNC – Get Free Report)’s share price was up 15.8% during trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 774,600 shares traded hands during mid-day trading, an increase of 408% from the average daily volume of 152,339 shares. The stock had previously closed at C$0.10.
Fancamp Exploration Stock Performance
The firm’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.09. The company has a market capitalization of C$26.66 million, a price-to-earnings ratio of 5.50 and a beta of 1.60.
About Fancamp Exploration
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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