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Forsys Metals (TSE:FSY) Trading Down 3.7% - Should You Sell?

Forsys Metals logo with Basic Materials background

Shares of Forsys Metals Corp. (TSE:FSY - Get Free Report) dropped 3.7% on Friday . The company traded as low as C$0.52 and last traded at C$0.52. Approximately 357,236 shares changed hands during trading, an increase of 77% from the average daily volume of 201,729 shares. The stock had previously closed at C$0.54.

Forsys Metals Price Performance

The firm has a market cap of C$120.19 million, a P/E ratio of -26.63 and a beta of 0.86. The stock's 50-day simple moving average is C$0.52 and its two-hundred day simple moving average is C$0.55.

Forsys Metals Company Profile

(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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