Foran Mining Corp. (TSE:FOM – Free Report) – Investment analysts at Cormark increased their FY2024 earnings estimates for shares of Foran Mining in a report released on Tuesday, November 19th. Cormark analyst S. Ioannou now expects that the company will earn ($0.05) per share for the year, up from their prior forecast of ($0.07). Cormark has a “Moderate Buy” rating on the stock.
Separately, Ventum Cap Mkts upgraded shares of Foran Mining to a “strong-buy” rating in a research report on Wednesday, September 18th.
Foran Mining Stock Down 0.5 %
Shares of FOM opened at C$4.32 on Friday. The company has a market cap of C$1.69 billion, a P/E ratio of -144.67 and a beta of 3.80. Foran Mining has a one year low of C$3.43 and a one year high of C$4.69. The stock has a fifty day moving average price of C$4.26.
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