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Foran Mining (TSE:FOM) Sets New 12-Month Low - Here's Why

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Foran Mining Corp. (TSE:FOM - Get Free Report) reached a new 52-week low during 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. The stock had previously closed at C$3.56.

Foran Mining Trading Down 1.3 %

The company has a 50 day simple moving average of C$3.91 and a two-hundred day simple moving average of C$4.08. The firm has a market capitalization of C$1.21 billion, a P/E ratio of -175.10 and a beta of 3.80.

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.

Further Reading

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