Fancamp Exploration (CVE:FNC) Trading Up 18.2% – Still a Buy?

by · The Cerbat Gem

Shares of Fancamp Exploration Ltd. (CVE:FNC – Get Free Report) were up 18.2% during mid-day trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.13. Approximately 563,433 shares were traded 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 Price Performance

The business has a fifty day moving average price of C$0.09 and a 200 day moving average price of C$0.09. The company has a market capitalization 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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