Forsys Metals Corp. (TSE:FSY – Get Free Report) shot up 1.5% on Wednesday . The company traded as high as C$0.67 and last traded at C$0.67. 21,227 shares traded hands during trading, a decline of 90% from the average session volume of 206,149 shares. The stock had previously closed at C$0.66.
Forsys Metals Trading Up 1.5 %
The firm has a market capitalization of C$130.76 million, a PE ratio of -16.75 and a beta of 0.86. The business has a fifty day moving average price of C$0.64 and a two-hundred day moving average price of C$0.73.
Insiders Place Their Bets
In related news, Senior Officer Jorge Estepa sold 35,000 shares of Forsys Metals stock in a transaction that occurred 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 currently owned by insiders.
About Forsys Metals
Forsys Metals Corp. together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Africa. Its flagship project is the Norasa uranium project, which includes the Valencia and Namibplaas uranium projects located in the Republic of Namibia. The company was formerly known as Forsys Technologies Inc and changed its name to Forsys Metals Corp.
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