Forsys Metals (TSE:FSY) Stock Price Down 1.1% – Here’s Why

Forsys Metals Corp. (TSE:FSYGet Free Report) shares fell 1.1% during trading on Tuesday . The stock traded as low as C$0.46 and last traded at C$0.46. 311,406 shares traded hands during trading, a decline of 33% from the average daily volume of 465,094 shares. The stock had previously closed at C$0.46.

Forsys Metals Stock Down 1.1%

The firm has a market capitalization of C$111.35 million, a price-to-earnings ratio of -45.50 and a beta of -1.89. The company has a fifty day moving average price of C$0.39 and a two-hundred day moving average price of C$0.39.

Forsys Metals Company Profile

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Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production. Norasa project is the consolidation of the Valencia and Namibplaas Uranium projects.

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