Foran Mining Corp. (TSE:FOM - Get Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as C$2.68 and last traded at C$2.70, with a volume of 1195738 shares changing hands. The stock had previously closed at C$2.70.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets cut Foran Mining from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th.
Check Out Our Latest Stock Analysis on FOM
Foran Mining Stock Down 1.8%
The company has a market cap of C$1.13 billion, a PE ratio of -163.19 and a beta of 3.80. The firm has a fifty day simple moving average of C$3.10 and a 200-day simple moving average of C$3.53.
About Foran Mining
(
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
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access