Foran Mining Corp. (TSE:FOM - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$2.58 and last traded at C$2.61, with a volume of 352906 shares changing hands. The stock had previously closed at C$2.65.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets downgraded Foran Mining from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th.
Read Our Latest Research Report on FOM
Foran Mining Price Performance
The firm has a market capitalization of C$1.02 billion, a PE ratio of -147.70 and a beta of 3.80. The company has a fifty day moving average of C$3.01 and a 200-day moving average of C$3.46.
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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