Foran Mining (OTCMKTS:FMCXF) Stock Price Down 2.7% – Here’s Why

Foran Mining Co. (OTCMKTS:FMCXFGet Free Report) shares were down 2.7% during mid-day trading on Tuesday . The stock traded as low as $2.51 and last traded at $2.54. Approximately 50,739 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 61,269 shares. The stock had previously closed at $2.61.

Foran Mining Stock Down 2.7 %

The business has a fifty day moving average price of $2.76 and a 200 day moving average price of $2.90.

Foran Mining Company Profile

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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.

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