Foran Mining Corp. to Post FY2024 Earnings of ($0.06) Per Share, Ventum Cap Mkts Forecasts (TSE:FOM)

Foran Mining Corp. (TSE:FOMFree Report) – Analysts at Ventum Cap Mkts issued their FY2024 earnings estimates for shares of Foran Mining in a research report issued to clients and investors on Wednesday, September 18th. Ventum Cap Mkts analyst C. Mackay forecasts that the company will post earnings of ($0.06) per share for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. Ventum Cap Mkts also issued estimates for Foran Mining’s FY2026 earnings at $0.08 EPS.

Separately, Cormark upgraded shares of Foran Mining from a “hold” rating to a “moderate buy” rating in a research report on Wednesday.

View Our Latest Report on Foran Mining

Foran Mining Trading Up 1.8 %

Shares of FOM opened at C$4.01 on Friday. The company has a market cap of C$1.50 billion, a P/E ratio of -133.67 and a beta of 3.82. The company has a fifty day simple moving average of C$3.77. Foran Mining has a 52-week low of C$3.39 and a 52-week high of C$4.67.

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