Foran Mining (TSE:FOM) Shares Down 3.9% – Here’s What Happened

Foran Mining Corp. (TSE:FOMGet Free Report)’s share price dropped 3.9% during mid-day trading on Friday . The stock traded as low as C$3.95 and last traded at C$3.97. Approximately 694,286 shares were traded during 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 Down 3.9 %

The stock has a market cap of C$1.64 billion, a price-to-earnings ratio of -236.44 and a beta of 3.80. The stock’s fifty day moving average is C$3.97 and its 200-day moving average is C$4.08.

About Foran Mining

(Get Free Report)

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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