Foran Mining Corp. (TSE:FOM – Free Report) – Stock analysts at Stifel Canada decreased their FY2025 earnings estimates for Foran Mining in a report released on Monday, May 19th. Stifel Canada analyst C. Mcgill now forecasts that the company will earn ($0.03) per share for the year, down from their prior estimate of ($0.02).
Separately, BMO Capital Markets lowered shares of Foran Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 14th.
Foran Mining Stock Down 1.3%
Foran Mining stock opened at C$3.02 on Thursday. Foran Mining has a 52-week low of C$2.81 and a 52-week high of C$4.69. The firm has a market capitalization of C$1.25 billion, a price-to-earnings ratio of -179.86 and a beta of 3.80. The company has a fifty day simple moving average of C$3.44 and a 200-day simple moving average of C$3.84.
About Foran Mining
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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