Foran Mining Corp. (TSE:FOM - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$2.81 and last traded at C$3.25, with a volume of 3671949 shares. The stock had previously closed at C$3.67.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets cut Foran Mining from a "strong-buy" rating to a "hold" rating in a research report on Wednesday.
Check Out Our Latest Analysis on FOM
Foran Mining Trading Down 0.3%
The firm has a market cap of C$1.27 billion, a price-to-earnings ratio of -182.84 and a beta of 3.80. The firm has a 50-day moving average of C$3.52 and a two-hundred day moving average of C$3.88.
About Foran Mining
(
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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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