What is Cormark’s Forecast for Foran Mining FY2027 Earnings?

Foran Mining Corp. (TSE:FOMFree Report) – Investment analysts at Cormark dropped their FY2027 earnings estimates for shares of Foran Mining in a report released on Tuesday, May 13th. Cormark analyst S. Ioannou now expects that the company will earn $0.11 per share for the year, down from their prior forecast of $0.26. Cormark also issued estimates for Foran Mining’s FY2028 earnings at $0.18 EPS.

Foran Mining Stock Down 5.2%

FOM stock opened at C$3.08 on Thursday. Foran Mining has a 12-month low of C$2.81 and a 12-month high of C$4.69. The company has a market cap of C$1.27 billion, a price-to-earnings ratio of -183.44 and a beta of 3.80. The company has a 50 day moving average of C$3.54 and a two-hundred day moving average of C$3.89.

Foran Mining Company Profile

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Foran Mining Corp is a zinc-copper exploration and development company with projects located along the Flin Flon Greenstone Belt. Its project portfolio comprises McIlvenna Bay, Bigstone, VMS Primer, Hanson Lake Project, and others projects.

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Earnings History and Estimates for Foran Mining (TSE:FOM)

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