Foran Mining (TSE:FOM) Reaches New 12-Month Low – Here’s Why

Shares of Foran Mining Corp. (TSE:FOMGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$3.36 and last traded at C$3.39, with a volume of 50578 shares changing hands. The stock had previously closed at C$3.56.

Foran Mining Stock Down 4.2 %

The stock has a 50-day moving average price of C$3.95 and a 200 day moving average price of C$4.09. The firm has a market capitalization of C$1.41 billion, a price-to-earnings ratio of -203.09 and a beta of 3.80.

About Foran Mining

(Get Free Report)

Foran Mining Corp is a zinc-copper exploration and development company with projects located along the Flin Flon Greenstone Belt. Its project portfolio comprises McIlvenna Bay, Bigstone, VMS Primer, Hanson Lake Project, and others projects.

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