Fancamp Exploration (CVE:FNC) Trading Down 14.3% – Here’s Why

Fancamp Exploration Ltd. (CVE:FNC) shares fell 14.3% during trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 297,155 shares were traded during trading, an increase of 48% from the average session volume of 200,745 shares. The stock had previously closed at C$0.17.

Fancamp Exploration Price Performance

The company has a current ratio of 3.91, a quick ratio of 23.77 and a debt-to-equity ratio of 0.52. The business’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.13. The firm has a market cap of C$36.07 million, a P/E ratio of 15.00 and a beta of 0.53.

Fancamp Exploration Company Profile

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.