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Forsys Metals (TSE:FSY) Stock Price Up 6.6% - Still a Buy?

Forsys Metals logo with Basic Materials background

Forsys Metals Corp. (TSE:FSY - Get Free Report) rose 6.6% on Wednesday . The stock traded as high as C$0.66 and last traded at C$0.65. Approximately 84,443 shares changed hands during trading, a decline of 62% from the average daily volume of 225,011 shares. The stock had previously closed at C$0.61.

Forsys Metals Price Performance

The company has a market capitalization of C$128.20 million, a PE ratio of -28.40 and a beta of 0.86. The company has a 50-day moving average of C$0.55 and a two-hundred day moving average of 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.

Further Reading

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