Short Interest in Foran Mining Co. (OTCMKTS:FMCXF) Grows By 7.8%

Foran Mining Co. (OTCMKTS:FMCXF) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 8,079,700 shares, a growth of 7.8% from the December 15th total of 7,496,800 shares. Based on an average trading volume of 250,700 shares, the short-interest ratio is presently 32.2 days.

Foran Mining Stock Performance

Shares of FMCXF stock opened at $2.76 on Tuesday. Foran Mining has a twelve month low of $2.41 and a twelve month high of $3.40. The firm has a fifty day simple moving average of $2.87 and a 200-day simple moving average of $2.90.

Foran Mining Company Profile

Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for copper, zinc, gold, and silver deposits. Its flagship project is the 100% owned McIlvenna Bay project comprising 44 claims that covers a total area of 29,418 hectares located in Saskatchewan, Canada.