Fancamp Exploration Ltd (TSE:FNC)
:FNC
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Fancamp Exploration
(FNC)
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Rating:51Neutral
Price Target:
C$0.12
▼(-17.14% Downside)
Action:ReiteratedDate:04/08/26
The score is held back primarily by weak operating fundamentals (no revenue, negative EBIT) and ongoing cash burn (negative operating and free cash flow), despite a low-leverage balance sheet. Technicals are broadly neutral and valuation appears optically cheap on P/E, but both are secondary to the financial sustainability risks.
Positive Factors
Low leverage / strong balance sheet
Very low leverage and minimal debt give the company durable financial flexibility to fund exploration cycles, enter joint ventures, or survive extended drilling timelines. This lowers insolvency risk and preserves optionality while management pursues value-creating transactions.
Negative Factors
Zero reported revenue and negative EBIT
Lack of operating revenue and persistently negative EBIT mean the firm has no validated cash-generating core business. Over the medium term this limits reinvestment ability, undermines margin sustainability, and forces reliance on non-operating items or financing to cover costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low leverage and minimal debt give the company durable financial flexibility to fund exploration cycles, enter joint ventures, or survive extended drilling timelines. This lowers insolvency risk and preserves optionality while management pursues value-creating transactions.
Read all positive factors
Fancamp Exploration (FNC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$30.13M
Dividend YieldN/A
Average Volume (3M)109.26K
Price to Earnings (P/E)9.1
Beta (1Y)1.48
Revenue GrowthN/A
EPS Growth-34.88%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)<0.01
Shares Outstanding241,063,600
10 Day Avg. Volume74,917
30 Day Avg. Volume109,256
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.32
Price to Sales (P/S)0.00
P/FCF Ratio-28.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Fancamp Exploration Business Overview & Revenue Model
Company Description
Fancamp Exploration Ltd., a mineral exploration company, explores for mineral properties. The company explores for gold; strategic rare earth and base metals; and chromium, zinc, titanium, and iron ore deposits. It owns various mineral resource pr...
How the Company Makes Money
null...
Fancamp Exploration Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
74
Positive
Cash Flow
29
Negative
| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2021 | Jul 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 6.26K | -3.50K | -224.00K | -2.25K | ― | ― |
| EBITDA | 1.73M | 7.72M | -1.49M | -2.34M | -5.11M | -2.00M |
| Net Income | 2.61M | 7.00M | 1.23M | 5.37M | -4.33M | -3.65M |
Balance Sheet | ||||||
| Total Assets | 65.34M | 64.11M | 55.28M | 53.69M | 41.68M | 24.94M |
| Cash, Cash Equivalents and Short-Term Investments | 25.04M | 26.00M | 24.26M | 24.35M | 28.27M | 10.97M |
| Total Debt | 300.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 7.50M | 8.26M | 6.92M | 11.00M | 4.48M | 4.17M |
| Stockholders Equity | 57.85M | 55.85M | 48.36M | 42.69M | 37.30M | 20.86M |
Cash Flow | ||||||
| Free Cash Flow | -711.13K | -634.33K | -3.01M | -2.18M | -4.91M | -3.44M |
| Operating Cash Flow | -218.90K | -142.12K | -2.20M | -1.58M | -3.75M | -2.02M |
| Investing Cash Flow | 478.88K | -26.08K | -4.04M | -1.52M | -2.26M | 1.12M |
| Financing Cash Flow | 300.00K | 20.00K | 4.44M | 0.00 | 1.11M | 298.00 |
Fancamp Exploration Technical Analysis
Positive
0.14
Price Trends
0.12
Positive
0.12
Positive
0.11
Positive
Market Momentum
>-0.01
Negative
54.57
Neutral
64.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FNC, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.12, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.57 is Neutral, neither overbought nor oversold. The STOCH value of 64.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FNC.
Fancamp Exploration Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$32.12M | -10.32 | -72.48% | ― | ― | -204.88% | |
51 Neutral | C$30.13M | 9.07 | 4.67% | ― | ― | -34.88% | |
43 Neutral | C$25.84M | -12.53 | -83.99% | ― | ― | 21.31% | |
40 Underperform | C$20.73M | -1.62 | -749.50% | ― | 36.37% | 21.97% | |
| ― | C$33.06M | -19.32 | 90.58% | ― | ― | 26.39% | |
| ― | C$12.94M | -5.07 | -21.92% | ― | ― | -6.45% |
* Basic Materials Sector Average
TSE:FNC
Fancamp Exploration
0.13
0.05
78.57%
TSE:TIG
Triumph Gold
0.53
0.32
152.38%
TSE:EMN
Euro Manganese
0.15
-0.25
-62.82%
TSE:EVNI
EV Nickel, Inc.
0.20
-0.08
-28.57%
TSE:HTRC
High Tide Resources Corp.
0.38
0.34
744.44%
TSE:AVE
Vital Battery Metals, Inc.
0.18
0.07
63.64%
Fancamp Exploration Corporate Events
Business Operations and StrategyM&A Transactions
Fancamp Buys Labrador Iron Ore Royalty and Advances Exploration Spin-Out
Positive
Mar 30, 2026
Fancamp Exploration has acquired up to a 3.0% net smelter returns royalty on certain iron ore properties in the Labrador Trough’s Schefferville region for $1.77 million in cash, anchored by an open pit–mineable deposit in Newfoundland ...
Business Operations and StrategyPrivate Placements and Financing
Fancamp Extends Convertible Note Maturity With Canadian Chrome Company
Positive
Mar 2, 2026
Fancamp Exploration, a diversified Canadian mineral explorer with a broad portfolio of base and precious metals, royalties and strategic project stakes, is advancing claims across multiple provinces and restructuring key exploration assets into it...
Business Operations and StrategyExecutive/Board Changes
Fancamp Sets Leadership Team for Goldera Spin-Out to Unlock Exploration Value
Positive
Feb 10, 2026
Fancamp Exploration has named the leadership team for its newly formed subsidiary, Goldera Exploration, as part of a planned spin-out of core exploration assets and a separate listing on the TSX Venture Exchange. The board will comprise four membe...
Business Operations and StrategyExecutive/Board ChangesStock BuybackRegulatory Filings and Compliance
Fancamp Secures ECOLOGO Certification as Strategic Refocus Drives Transformative Year
Positive
Jan 13, 2026
Fancamp Exploration has obtained UL Solutions’ ECOLOGO Certification for Responsible Development for Mineral Exploration, a third‑party audited standard covering environmental, social and commercial practices, underscoring its commitme...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.