Foran Mining Corp. (TSE:FOM – Free Report) – Cormark decreased their FY2024 earnings per share (EPS) estimates for Foran Mining in a report released on Monday, February 3rd. Cormark analyst S. Ioannou now anticipates that the company will earn ($0.06) per share for the year, down from their previous forecast of ($0.05). Cormark also issued estimates for Foran Mining’s FY2025 earnings at ($0.13) EPS and FY2028 earnings at $0.28 EPS.
Foran Mining Stock Performance
Shares of FOM opened at C$3.90 on Thursday. The firm has a market capitalization of C$1.53 billion, a PE ratio of -130.00 and a beta of 3.80. The stock has a 50 day simple moving average of C$3.99 and a 200 day simple moving average of C$4.02. Foran Mining has a 52-week low of C$3.43 and a 52-week high of C$4.69.
About Foran Mining
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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