Fancamp Exploration (CVE:FNC) Shares Up 7.1% – Here’s Why

Fancamp Exploration Ltd. (CVE:FNCGet Free Report) shot up 7.1% during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 133,001 shares were traded during trading, a decline of 35% from the average session volume of 205,839 shares. The stock had previously closed at C$0.14.

Fancamp Exploration Stock Performance

The stock’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.13. The company has a market capitalization of C$39.67 million, a PE ratio of 16.50 and a beta of 0.50. The company has a debt-to-equity ratio of 0.52, a quick ratio of 23.77 and a current ratio of 3.91.

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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