Foran Mining Corp. (TSE:FOM – Free Report) – Equities researchers at Ventum Cap Mkts upped their FY2026 earnings per share estimates for shares of Foran Mining in a research report issued to clients and investors on Thursday, May 22nd. Ventum Cap Mkts analyst C. Mackay now anticipates that the company will post earnings per share of $0.15 for the year, up from their previous estimate of $0.09. Ventum Cap Mkts also issued estimates for Foran Mining’s FY2027 earnings at $0.25 EPS.
Separately, BMO Capital Markets lowered Foran Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 14th.
Foran Mining Stock Up 2.3%
Shares of FOM opened at C$3.09 on Friday. Foran Mining has a 12-month low of C$2.81 and a 12-month high of C$4.69. The firm has a market capitalization of C$1.28 billion, a PE ratio of -184.03 and a beta of 3.80. The stock’s fifty day simple moving average is C$3.42 and its 200-day simple moving average is C$3.83.
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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