Fancamp Exploration (CVE:FNC) Hits New 12-Month High – Still a Buy?

Fancamp Exploration Ltd. (CVE:FNCGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 27000 shares trading hands. The stock had previously closed at C$0.08.

Fancamp Exploration Trading Up 13.3 %

The stock has a market capitalization of C$20.48 million, a PE ratio of 3.53 and a beta of 1.36. The firm has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.07.

Insider Activity at Fancamp Exploration

In related news, Director Leonard Francis Macdonald purchased 631,000 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was bought at an average price of C$0.07 per share, with a total value of C$41,015.00. 31.14% of the stock is currently owned by company insiders.

Fancamp Exploration Company Profile

(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.

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