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Foran Mining (TSE:FOM) Hits New 1-Year Low - What's Next?

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Foran Mining Corp. (TSE:FOM - Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as C$2.86 and last traded at C$2.90, with a volume of 1259443 shares trading hands. The stock had previously closed at C$2.98.

Foran Mining Price Performance

The stock has a market capitalization of C$1.38 billion, a price-to-earnings ratio of -199.52 and a beta of 3.80. The firm has a 50 day simple moving average of C$3.83 and a 200-day simple moving average of C$4.03.

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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