Foran Mining Corp. (TSE:FOM - Get Free Report) shares fell 3.4% during mid-day trading on Tuesday . The company traded as low as C$3.15 and last traded at C$3.17. 407,093 shares were traded during mid-day trading, a decline of 27% from the average session volume of 560,112 shares. The stock had previously closed at C$3.28.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets cut shares of Foran Mining from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th.
View Our Latest Research Report on Foran Mining
Foran Mining Stock Down 3.4%
The stock's fifty day simple moving average is C$3.27 and its two-hundred day simple moving average is C$3.70. The firm has a market cap of C$1.31 billion, a PE ratio of -188.80 and a beta of 3.80.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
