Forsys Metals (TSE:FSY) Stock Price Down 18.2% – What’s Next?

Forsys Metals Corp. (TSE:FSYGet Free Report) dropped 18.2% on Monday . The stock traded as low as C$0.53 and last traded at C$0.54. Approximately 1,418,317 shares changed hands during trading, an increase of 522% from the average daily volume of 227,875 shares. The stock had previously closed at C$0.66.

Forsys Metals Stock Down 16.7%

The company has a market cap of C$115.87 million, a PE ratio of -55.00 and a beta of -0.41. The stock has a 50-day moving average of C$0.55 and a 200-day moving average of C$0.56.

Forsys Metals Company Profile

(Get Free Report)

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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