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

Forsys Metals logo with Basic Materials background

Forsys Metals Corp. (TSE:FSY - Get Free Report)'s stock price traded up 6.6% during mid-day trading on Wednesday . The stock traded as high as C$0.66 and last traded at C$0.65. 84,443 shares were traded during trading, a decline of 62% from the average session volume of 225,011 shares. The stock had previously closed at C$0.61.

Forsys Metals Price Performance

The firm has a 50-day moving average of C$0.55 and a 200-day moving average of C$0.56. The stock has a market cap of C$124.20 million, a PE ratio of -27.51 and a beta of 0.86.

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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