Foran Mining (OTCMKTS:FMCXF) Trading Down 2.7% – Here’s What Happened

Shares of Foran Mining Co. (OTCMKTS:FMCXFGet Free Report) fell 2.7% on Tuesday . The company traded as low as $2.51 and last traded at $2.54. 50,739 shares were traded during mid-day trading, a decline of 17% from the average session volume of 61,269 shares. The stock had previously closed at $2.61.

Foran Mining Stock Performance

The company has a 50-day simple moving average of $2.76 and a two-hundred day simple moving average of $2.90.

About Foran Mining

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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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