Forsys Metals (TSE:FSY) Sets New 1-Year Low – Time to Sell?

Forsys Metals Corp. (TSE:FSYGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.41 and last traded at C$0.44, with a volume of 177611 shares changing hands. The stock had previously closed at C$0.45.

Forsys Metals Trading Up 3.4 %

The firm has a market cap of C$91.15 million, a price-to-earnings ratio of -20.19 and a beta of 0.86. The stock has a 50-day moving average of C$0.58 and a two-hundred day moving average of C$0.61.

About Forsys Metals

(Get Free Report)

Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.

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