Fancamp Exploration (CVE:FNC) Shares Up 18.2% – Time to Buy?
by Scott Moore · The Cerbat GemFancamp Exploration Ltd. (CVE:FNC – Get Free Report) was up 18.2% on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.13. Approximately 563,433 shares traded hands during trading, an increase of 254% from the average daily volume of 159,295 shares. The stock had previously closed at C$0.11.
Fancamp Exploration Stock Performance
The stock has a fifty day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.09. 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.
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.