Foran Mining Co. (OTCMKTS:FMCXF) Short Interest Down 11.2% in April

Foran Mining Co. (OTCMKTS:FMCXF) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 3,148,600 shares, a decline of 11.2% from the March 31st total of 3,546,500 shares. Based on an average trading volume of 34,300 shares, the short-interest ratio is presently 91.8 days.

Foran Mining Stock Down 4.7 %

OTCMKTS:FMCXF traded down $0.15 during midday trading on Tuesday, hitting $3.06. The company had a trading volume of 475,467 shares, compared to its average volume of 43,487. The stock’s fifty day moving average price is $3.01 and its 200-day moving average price is $3.00. Foran Mining has a 52-week low of $2.23 and a 52-week high of $3.28.

About Foran Mining

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.