Cormark Upgrades Foran Mining (TSE:FOM) to Moderate Buy

Foran Mining (TSE:FOMGet Free Report) was upgraded by analysts at Cormark from a “hold” rating to a “moderate buy” rating in a note issued to investors on Wednesday, Zacks.com reports.

Foran Mining Price Performance

TSE FOM opened at C$3.94 on Wednesday. The stock has a market cap of C$1.47 billion, a PE ratio of -131.33 and a beta of 3.82. The company’s 50 day moving average price is C$3.77. Foran Mining has a 1-year low of C$3.39 and a 1-year high of C$4.67.

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