Foran Mining Corp. (TSE:FOM - Get Free Report) reached a new 52-week low on Friday . The stock traded as low as C$2.78 and last traded at C$2.79, with a volume of 94720 shares. The stock had previously closed at C$2.87.
Analyst Ratings Changes
Separately, BMO Capital Markets cut shares of Foran Mining from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th.
Check Out Our Latest Report on Foran Mining
Foran Mining Price Performance
The business has a 50 day simple moving average of C$3.17 and a 200 day simple moving average of C$3.57. The company has a market cap of C$1.14 billion, a price-to-earnings ratio of -163.78 and a beta of 3.80.
Foran Mining Company Profile
(
Get Free Report)
Foran Mining Corp is a zinc-copper exploration and development company with projects located along the Flin Flon Greenstone Belt. Its project portfolio comprises McIlvenna Bay, Bigstone, VMS Primer, Hanson Lake Project, and others projects.
See Also
Before you consider Foran Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Foran Mining wasn't on the list.
While Foran Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
