Foran Mining Co. (CVE:FOM – Get Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.23 and traded as high as C$3.25. Foran Mining shares last traded at C$3.23, with a volume of 1,032,725 shares traded.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on FOM. Stifel Nicolaus boosted their target price on Foran Mining from C$4.75 to C$5.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. BMO Capital Markets cut their target price on Foran Mining from C$5.25 to C$5.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 18th. Ventum Financial boosted their target price on Foran Mining from C$5.75 to C$6.00 in a research report on Tuesday, June 4th. Finally, Eight Capital boosted their target price on Foran Mining from C$6.00 to C$6.25 in a research report on Thursday, July 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$5.51.
Foran Mining Stock Up 3.9 %
Foran Mining Company Profile
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.
Read More
- Five stocks we like better than Foran Mining
- Bank Stocks – Best Bank Stocks to Invest In
- Why Lennar Stock Could Be the Best Play in the Housing Market
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- 2 Energy Stocks Fueling the AI Datacenter Boom
- How Investors Can Find the Best Cheap Dividend Stocks
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Receive News & Ratings for Foran Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foran Mining and related companies with MarketBeat.com's FREE daily email newsletter.