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

by · The Cerbat Gem

Fancamp Exploration Ltd. (CVE:FNC – Get Free Report) shares shot up 18.2% during mid-day trading on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.13. 563,433 shares changed 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 Stock Performance

The company’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.09. The firm has a market cap of C$31.51 million, a price-to-earnings ratio of 6.50 and a beta of 1.60.

About Fancamp Exploration

(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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