Foran Mining FY2026 EPS Raised by National Bank Financial

Foran Mining Corp. (TSE:FOM) – National Bank Financial lifted their FY2026 earnings per share estimates for shares of Foran Mining in a research report issued to clients and investors on Thursday, October 2nd. National Bank Financial analyst R. Nizami now forecasts that the company will post earnings of $0.22 per share for the year, up from their prior estimate of $0.14.

Separately, BMO Capital Markets upgraded Foran Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Foran Mining currently has a consensus rating of “Strong Buy”.

Foran Mining Stock Up 1.6%

Shares of Foran Mining stock opened at C$3.83 on Monday. The stock’s fifty day moving average is C$3.05 and its 200-day moving average is C$3.16. The firm has a market capitalization of C$2.07 billion, a PE ratio of -127.67 and a beta of 0.64. Foran Mining has a 12-month low of C$2.46 and a 12-month high of C$4.69.

Insider Activity

In related news, Director Marie Inkster purchased 24,150 shares of the firm’s stock in a transaction dated Thursday, August 14th. The stock was bought at an average price of C$2.67 per share, for a total transaction of C$64,504.65. Following the purchase, the director owned 37,600 shares in the company, valued at C$100,429.60. The trade was a 179.55% increase in their position. Company insiders own 19.96% of the company’s stock.

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.