Foran Mining Corp. (TSE:FOM - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$2.68 and last traded at C$2.70, with a volume of 1195738 shares. The stock had previously closed at C$2.70.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets lowered shares of Foran Mining from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th.
Get Our Latest Stock Analysis on FOM
Foran Mining Price Performance
The stock has a market capitalization of C$1.13 billion, a price-to-earnings ratio of -163.19 and a beta of 3.80. The business's fifty day moving average price is C$3.11 and its 200-day moving average price is C$3.54.
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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