Forsys Metals Corp. (TSE:FSY – Get Free Report) was down 9% during mid-day trading on Tuesday . The company traded as low as C$0.60 and last traded at C$0.61. Approximately 93,716 shares were traded during trading, a decline of 50% from the average daily volume of 186,446 shares. The stock had previously closed at C$0.67.
Forsys Metals Trading Down 6.7 %
The company’s 50 day simple moving average is C$0.67 and its 200 day simple moving average is C$0.66. The stock has a market capitalization of C$109.30 million, a PE ratio of -14.00 and a beta of 0.86.
Insiders Place Their Bets
In other Forsys Metals news, Senior Officer Jorge Estepa sold 35,000 shares of Forsys Metals stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$0.76, for a total value of C$26,600.00. 33.32% of the stock is owned by corporate insiders.
About Forsys Metals
Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.
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