Foran Mining Corp. (TSE:FOM – Free Report) – Equities research analysts at Stifel Canada reduced their FY2024 earnings per share (EPS) estimates for shares of Foran Mining in a report issued on Sunday, December 15th. Stifel Canada analyst C. Mcgill now anticipates that the company will earn ($0.02) per share for the year, down from their previous forecast of ($0.01). Stifel Canada also issued estimates for Foran Mining’s FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.20 EPS.
Several other equities research analysts also recently weighed in on FOM. Cormark raised Foran Mining from a “hold” rating to a “moderate buy” rating in a report on Wednesday, September 18th. Ventum Cap Mkts raised shares of Foran Mining to a “strong-buy” rating in a report on Wednesday, September 18th.
Foran Mining Trading Down 2.6 %
FOM opened at C$4.13 on Wednesday. The company’s 50 day moving average is C$4.29 and its 200-day moving average is C$4.02. The company has a market cap of C$1.62 billion, a P/E ratio of -139.33 and a beta of 3.80. Foran Mining has a 1-year low of C$3.43 and a 1-year high of C$4.69.
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