Fancamp Exploration (CVE:FNC) Stock Price Down 15.4% – Here’s Why

Fancamp Exploration Ltd. (CVE:FNC) fell 15.4% on Monday . The company traded as low as C$0.11 and last traded at C$0.11. 673,000 shares traded hands during trading, an increase of 103% from the average session volume of 331,238 shares. The stock had previously closed at C$0.13.

Fancamp Exploration Trading Down 15.4%

The stock has a market capitalization of C$26.66 million, a PE ratio of 3.67 and a beta of 0.87. The firm’s fifty day moving average is C$0.13 and its 200-day moving average is C$0.10.

About Fancamp Exploration

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.