Forsys Metals Corp. (TSE:FSY - Get Free Report)'s stock price dropped 9% on Tuesday . The company traded as low as C$0.60 and last traded at C$0.61. Approximately 93,716 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 186,446 shares. The stock had previously closed at C$0.67.
Forsys Metals Stock Down 9.0 %
The firm has a market cap of C$119.05 million, a price-to-earnings ratio of -15.25 and a beta of 0.86. The firm has a fifty day moving average price of C$0.67 and a 200-day moving average price of C$0.67.
Insider Activity at Forsys Metals
In other Forsys Metals news, Senior Officer Jorge Estepa sold 35,000 shares of the firm's stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$0.76, for a total value of C$26,600.00. Company insiders own 33.32% of the company's stock.
Forsys Metals Company Profile
(
Get Free Report)
Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Forsys Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Forsys Metals wasn't on the list.
While Forsys Metals currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
