Foran Mining Corp. (TSE:FOM - Get Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$2.78 and last traded at C$2.79, with a volume of 94720 shares traded. The stock had previously closed at C$2.87.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets lowered Foran Mining from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th.
Check Out Our Latest Stock Report on Foran Mining
Foran Mining Price Performance
The business has a 50-day simple moving average of C$3.17 and a two-hundred day simple moving average of C$3.58. The stock has a market cap of C$1.15 billion, a price-to-earnings ratio of -165.57 and a beta of 3.80.
Foran Mining Company Profile
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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.
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