Foran Mining Corp. (TSE:FOM - Free Report) - Research analysts at Stifel Canada lowered their FY2024 earnings estimates for Foran Mining in a report released on Sunday, December 15th. Stifel Canada analyst C. Mcgill now forecasts that the company will post earnings per share of ($0.02) for the year, down from their previous estimate of ($0.01). Stifel Canada also issued estimates for Foran Mining's FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.20 EPS.
A number of other analysts also recently commented on FOM. Ventum Cap Mkts upgraded Foran Mining to a "strong-buy" rating in a report on Wednesday, September 18th. Cormark upgraded Foran Mining from a "hold" rating to a "moderate buy" rating in a report on Wednesday, September 18th.
View Our Latest Analysis on FOM
Foran Mining Price Performance
TSE:FOM traded down C$0.28 during trading hours on Wednesday, reaching C$3.85. 850,773 shares of the company were exchanged, compared to its average volume of 442,251. The firm has a market cap of C$1.51 billion, a price-to-earnings ratio of -128.33 and a beta of 3.80. The stock has a 50 day simple moving average of C$4.29 and a 200 day simple moving average of C$4.02. Foran Mining has a 52-week low of C$3.43 and a 52-week high of C$4.69.
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