Foran Mining (FOM) Stock Price, News & Analysis

Company Overview

Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for copper, zinc, gold, and silver deposits. Its flagship project is the McIlvenna Bay property comprising 38 claims that covers a total area of 20,907 hectares located in east central Saskatchewan. The company was incorporated in 1989 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$3.09 to C$3.25
• 50-Day Range: C$3.23 to C$3.23
• 52-Week Range: C$2.02 to C$4.32
• Volume: 1.03 million shs
• Average Volume: 494,615 shs
• Market Capitalization: C$1.72 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$4.94
• Consensus Rating: Moderate Buy

Foran Mining Stock Analysis - MarketRank™

Foran Mining scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Foran Mining has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Foran Mining has a consensus price target of C$4.94, representing about 52.9% upside from its current price of C$3.23.

Amount of Analyst Coverage

Foran Mining has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Foran Mining is -247.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Foran Mining is -247.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Foran Mining has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FOM.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Foran Mining does not currently pay a dividend.

Dividend Growth

Foran Mining does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FOM.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Foran Mining has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Foran Mining this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Foran Mining insiders have not sold or bought any company stock.

Percentage Held by Insiders

23.31% of the stock of Foran Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 6.40% of the stock of Foran Mining is held by institutions.

FOM Stock Analysis - Frequently Asked Questions

How have FOM shares performed this year?

Foran Mining's stock was trading at C$3.23 at the beginning of the year. Since then, FOM shares have increased by 0.0% and is now trading at C$3.23.

How do I buy shares of Foran Mining?

Shares of FOM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Foran Mining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Foran Mining investors own include Great Panther Mining (GPR), IsoEnergy (ISO), Cenovus Energy (CVE), Denison Mines (DML), Azincourt Energy (AAZ), ARC Resources (ARX) and American Lithium (LI).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Industrial Metals & Minerals
• Sub-Industry: N/A
• Current Symbol: CVE:FOM
• CIK: N/A
• Web: www.foranmining.com
• Phone: +1-604-4880008
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Foran Mining: C$4.94
• High Price Target: C$6.50
• Low Price Target: C$3.75
• Potential Upside/Downside: +52.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$8.82 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -1.14%
• Return on Assets: -3.01%

Debt

• Debt-to-Equity Ratio: 6.98
• Current Ratio: 6.03
• Quick Ratio: 2.90

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 21.23
• Book Value: C$2.15 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 531,652,632
• Free Float: N/A
• Market Cap: C$1.72 billion
• Optionable: Not Optionable
• Beta: 3.68