Foran Mining (TSE:FOM) Reaches New 52-Week Low – Here’s Why

Foran Mining Corp. (TSE:FOMGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock 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 11.5 %

The firm has a market cap of C$1.23 billion, a price-to-earnings ratio of -178.08 and a beta of 3.80. The business has a 50 day moving average of C$3.92 and a 200 day moving average of C$4.08.

Foran Mining Company Profile

(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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