Forsys Metals Corp. (TSE:FSY – Get Free Report)’s stock price dropped 9% on Tuesday . The company traded as low as C$0.60 and last traded at C$0.61. Approximately 93,716 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 186,446 shares. The stock had previously closed at C$0.67.
Forsys Metals Stock Down 9.0 %
The firm has a market cap of C$119.05 million, a price-to-earnings ratio of -15.25 and a beta of 0.86. The firm has a fifty day moving average price of C$0.67 and a 200-day moving average price of C$0.67.
Insider Activity at Forsys Metals
In other Forsys Metals news, Senior Officer Jorge Estepa sold 35,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$0.76, for a total value of C$26,600.00. Company insiders own 33.32% of the company’s stock.
Forsys Metals Company Profile
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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