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

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

Fancamp Exploration Stock Down 14.3%

The company has a market cap of C$36.07 million, a P/E ratio of 15.00 and a beta of 0.53. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.91 and a quick ratio of 23.77. The business’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.13.

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.