Foran Mining (OTCMKTS:FMCXF) Shares Up 1.4% – Should You Buy?

Foran Mining Co. (OTCMKTS:FMCXFGet Free Report) traded up 1.4% during mid-day trading on Wednesday . The company traded as high as $2.7810 and last traded at $2.7570. 112,579 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 113,140 shares. The stock had previously closed at $2.72.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FMCXF. BMO Capital Markets upgraded shares of Foran Mining from a “market perform” rating to an “outperform” rating in a research note on Thursday, September 25th. Scotiabank reiterated an “outperform” rating on shares of Foran Mining in a research note on Tuesday, October 28th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Foran Mining has a consensus rating of “Buy”.

Get Our Latest Report on Foran Mining

Foran Mining Trading Up 1.4%

The stock has a fifty day moving average of $2.56 and a two-hundred day moving average of $2.32.

About Foran Mining

(Get Free Report)

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 100% owned McIlvenna Bay project comprising 44 claims that covers a total area of 29,418 hectares located in Saskatchewan, Canada.

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