Foran Mining (CVE:FOM) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Foran Mining Co. (CVE:FOMGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$3.23 and traded as high as C$3.25. Foran Mining shares last traded at C$3.23, with a volume of 1,032,727 shares.

Foran Mining Trading Up 3.9 %

The business has a fifty day moving average price of C$3.23 and a 200 day moving average price of C$3.23. The firm has a market cap of C$1.72 billion, a PE ratio of -247.76 and a beta of 3.68. The company has a current ratio of 6.03, a quick ratio of 2.90 and a debt-to-equity ratio of 6.98.

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 McIlvenna Bay property comprising 38 claims that covers a total area of 20,907 hectares located in east central Saskatchewan.

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