Foran Mining Corp. (TSE:FOM – Free Report) – Stifel Canada reduced their FY2024 EPS estimates for shares of Foran Mining in a note issued to investors on Sunday, December 15th. Stifel Canada analyst C. Mcgill now expects that the company will earn ($0.02) per share for the year, down from their prior estimate 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.
FOM has been the subject of a number of other research reports. Ventum Cap Mkts upgraded shares of Foran Mining to a “strong-buy” rating in a research note on Wednesday, September 18th. Cormark raised shares of Foran Mining from a “hold” rating to a “moderate buy” rating in a report on Wednesday, September 18th.
Foran Mining Trading Down 2.6 %
Shares of TSE FOM opened at C$4.13 on Wednesday. The company has a market capitalization of C$1.62 billion, a P/E ratio of -139.33 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 stock has a 50 day moving average of C$4.29 and a 200-day moving average of C$4.02.
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