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Forsys Metals (TSE:FSY) Shares Down 5.3% - Here's What Happened

Forsys Metals logo with Basic Materials background

Forsys Metals Corp. (TSE:FSY - Get Free Report) shares dropped 5.3% during trading on Thursday . The stock traded as low as C$0.72 and last traded at C$0.72. Approximately 40,706 shares traded hands during trading, a decline of 81% from the average daily volume of 213,350 shares. The stock had previously closed at C$0.76.

Forsys Metals Price Performance

The firm has a market capitalization of C$126.20 million, a price-to-earnings ratio of -27.96 and a beta of 0.86. The firm's 50-day simple moving average is C$0.54 and its 200 day simple moving average is C$0.56.

About Forsys Metals

(Get Free Report)

Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.

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