Fancamp Exploration (CVE:FNC) Sets New 1-Year High – Still a Buy?

Fancamp Exploration Ltd. (CVE:FNC)’s stock price reached a new 52-week high on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 50000 shares traded. The stock had previously closed at C$0.08.

Fancamp Exploration Stock Up 6.3 %

The stock’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.06. The stock has a market capitalization of C$20.48 million, a PE ratio of 4.25 and a beta of 1.36.

Insider Buying and Selling at Fancamp Exploration

In other news, Director Leonard Francis Macdonald purchased 631,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were purchased at an average price of C$0.07 per share, for a total transaction of C$41,015.00. Insiders purchased a total of 1,445,000 shares of company stock valued at $89,855 in the last three months. Company insiders own 31.14% of the company’s stock.

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.