Foran Mining Co. (OTCMKTS:FMCXF) Short Interest Update

Foran Mining Co. (OTCMKTS:FMCXF) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,546,500 shares, an increase of 7.1% from the March 15th total of 3,312,500 shares. Based on an average daily trading volume, of 90,900 shares, the short-interest ratio is currently 39.0 days.

Foran Mining Stock Performance

FMCXF stock opened at $2.98 on Tuesday. Foran Mining has a twelve month low of $2.23 and a twelve month high of $3.28. The stock’s 50 day moving average is $2.97 and its 200-day moving average is $2.96.

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.