Analysts Set Expectations for Foran Mining Corp.’s FY2024 Earnings (TSE:FOM)

Foran Mining Corp. (TSE:FOMFree Report) – Equities research analysts at Ventum Cap Mkts issued their FY2024 EPS estimates for Foran Mining in a research report issued on Wednesday, September 18th. Ventum Cap Mkts analyst C. Mackay expects that the company will earn ($0.06) per share for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. Ventum Cap Mkts also issued estimates for Foran Mining’s FY2026 earnings at $0.08 EPS.

Separately, Cormark raised Foran Mining from a “hold” rating to a “moderate buy” rating in a research note on Wednesday.

Read Our Latest Research Report on Foran Mining

Foran Mining Trading Up 1.8 %

Shares of Foran Mining stock opened at C$4.01 on Friday. The firm has a 50 day moving average of C$3.77. Foran Mining has a fifty-two week low of C$3.39 and a fifty-two week high of C$4.67. The firm has a market capitalization of C$1.50 billion, a price-to-earnings ratio of -133.67 and a beta of 3.82.

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