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Foran Mining (TSE:FOM) Trading Down 3.9% - Time to Sell?

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Foran Mining Corp. (TSE:FOM - Get Free Report) was down 3.9% on Friday . The company traded as low as C$3.95 and last traded at C$3.97. Approximately 694,286 shares changed hands during mid-day trading, an increase of 59% from the average daily volume of 437,926 shares. The stock had previously closed at C$4.13.

Foran Mining Stock Up 0.2 %

The firm has a market capitalization of C$1.66 billion, a P/E ratio of -238.83 and a beta of 3.80. The firm's 50-day simple moving average is C$3.98 and its 200-day simple moving average is C$4.09.

Foran Mining Company Profile

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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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