Foran Mining Co. (OTCMKTS:FMCXF) Short Interest Update

Foran Mining Co. (OTCMKTS:FMCXF) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 8,557,500 shares, a growth of 6.8% from the January 15th total of 8,014,800 shares. Based on an average daily volume of 136,700 shares, the short-interest ratio is presently 62.6 days.

Foran Mining Price Performance

FMCXF stock traded down $0.02 during trading on Tuesday, hitting $2.91. The company had a trading volume of 75,650 shares, compared to its average volume of 62,589. The company has a fifty day moving average price of $2.77 and a two-hundred day moving average price of $2.89. Foran Mining has a fifty-two week low of $2.41 and a fifty-two week high of $3.41.

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.