Fancamp Exploration (CVE:FNC) Hits New 1-Year High – Time to Buy?

Fancamp Exploration Ltd. (CVE:FNC)’s share price hit 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 Performance

The business’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 cap of C$20.48 million, a P/E ratio of 4.25 and a beta of 1.36.

Insider Transactions at Fancamp Exploration

In related news, Director Leonard Francis Macdonald bought 631,000 shares of the stock in a transaction dated Thursday, November 21st. The shares were purchased at an average price of C$0.07 per share, with a total value of C$41,015.00. Insiders have purchased 1,445,000 shares of company stock valued at $89,855 over the last quarter. 31.14% of the stock is currently owned by company insiders.

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.