Foran Mining Co. (CVE:FOM – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Monday . 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 1,032,727 shares trading hands.
Foran Mining Stock Up 3.9%
The company has a market cap of C$1.72 billion, a PE ratio of -247.76 and a beta of 3.68. The firm has a 50-day simple moving average of C$3.23 and a two-hundred day simple moving average of C$3.23. The company has a debt-to-equity ratio of 18.16, a current ratio of 6.01 and a quick ratio of 2.90.
About Foran Mining
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.
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