Foran Mining Corp. (TSE:FOM - Get Free Report)'s stock price traded down 3% on Wednesday . The company traded as low as C$2.86 and last traded at C$2.88. 602,279 shares traded hands during trading, an increase of 9% from the average session volume of 551,023 shares. The stock had previously closed at C$2.97.
Analyst Upgrades and Downgrades
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.
Get Our Latest Stock Analysis on Foran Mining
Foran Mining Stock Performance
The company has a market capitalization of C$1.15 billion, a price-to-earnings ratio of -165.57 and a beta of 3.80. The company's fifty day simple moving average is C$3.17 and its two-hundred day simple moving average is C$3.58.
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.
Further Reading
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