Shares of Forsys Metals Corp. (TSE:FSY – Get Free Report) traded down 2.8% during mid-day trading on Tuesday . The stock traded as low as C$0.66 and last traded at C$0.69. 43,717 shares were traded during trading, a decline of 78% from the average session volume of 196,118 shares. The stock had previously closed at C$0.71.
Forsys Metals Trading Down 2.8 %
The company has a market capitalization of C$134.67 million, a price-to-earnings ratio of -17.25 and a beta of 0.86. The stock has a 50-day simple moving average of C$0.67 and a 200-day simple moving average of C$0.70.
Insider Buying and Selling
In related news, Senior Officer Jorge Estepa sold 35,000 shares of Forsys Metals stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$0.76, for a total value of C$26,600.00. Insiders own 33.32% of the company’s stock.
About Forsys Metals
Forsys Metals Corp. together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Africa. Its flagship project is the Norasa uranium project, which includes the Valencia and Namibplaas uranium projects located in the Republic of Namibia. The company was formerly known as Forsys Technologies Inc and changed its name to Forsys Metals Corp.
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