Foran Mining Corp. (TSE:FOM – Free Report) – Stock analysts at Cormark boosted their FY2024 earnings per share (EPS) estimates for shares of Foran Mining in a research report issued 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 previous forecast of ($0.07). Cormark currently has a “Moderate Buy” rating on the stock.
Separately, Ventum Cap Mkts upgraded Foran Mining to a “strong-buy” rating in a research report on Wednesday, September 18th.
Foran Mining Stock Performance
Shares of FOM opened at C$4.34 on Friday. The firm has a market capitalization of C$1.70 billion, a price-to-earnings ratio of -142.67 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 firm has a 50 day simple moving average of C$4.25.
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