Foran Mining Corp. (TSE:FOM - Get Free Report) fell 3% during mid-day trading on Wednesday . The stock traded as low as C$2.86 and last traded at C$2.88. 602,279 shares were traded during trading, an increase of 9% from the average session volume of 551,023 shares. The stock had previously closed at C$2.97.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets downgraded shares of Foran Mining from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th.
Check Out Our Latest Research Report on FOM
Foran Mining Trading Down 2.8%
The stock has a market capitalization of C$1.15 billion, a PE ratio of -166.17 and a beta of 3.80. The company's 50-day moving average is C$3.18 and its 200 day moving average is C$3.59.
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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