Fancamp Exploration (CVE:FNC) Hits New 1-Year High – Here’s What Happened

Fancamp Exploration Ltd. (CVE:FNC) shares hit a new 52-week high during trading on Thursday . The company 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 Stock Performance

The stock has a market cap of C$20.48 million, a price-to-earnings ratio of 3.53 and a beta of 1.36. The company’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07.

Insider Transactions at Fancamp Exploration

In other news, Director Leonard Francis Macdonald purchased 631,000 shares of Fancamp Exploration stock in a transaction dated Thursday, November 21st. The stock was acquired at an average cost of C$0.07 per share, for a total transaction of C$41,015.00. Over the last ninety days, insiders have purchased 1,365,000 shares of company stock valued at $85,055. 31.14% of the stock is owned by insiders.

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.