Foran Mining Corp. (TSE:FOM – Free Report) – Investment analysts at Cormark raised their FY2024 earnings estimates for Foran Mining in a note issued to investors on Tuesday, November 19th. Cormark analyst S. Ioannou now forecasts that the company will post earnings of ($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 Performance
TSE:FOM opened at C$4.32 on Friday. The firm has a market capitalization of C$1.69 billion, a price-to-earnings ratio of -144.67 and a beta of 3.80. Foran Mining has a 12 month low of C$3.43 and a 12 month high of C$4.69. The company has a 50-day moving average price of C$4.26.
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