Foran Mining (CVE:FOM) Given New C$4.25 Price Target at Cormark

Foran Mining (CVE:FOM) had its price target lifted by Cormark from C$3.75 to C$4.25 in a research note published on Tuesday morning,BayStreet.CA reports.

Foran Mining Price Performance

Shares of CVE:FOM opened at C$3.23 on Tuesday. Foran Mining has a one year low of C$2.02 and a one year high of C$4.32. The stock has a fifty day moving average of C$3.23 and a 200-day moving average of C$3.23. The company has a market capitalization of C$1.72 billion, a PE ratio of -247.76 and a beta of 3.68. The company has a debt-to-equity ratio of 6.98, a quick ratio of 2.90 and a current ratio of 6.03.

Foran Mining Company Profile

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 McIlvenna Bay property comprising 38 claims that covers a total area of 20,907 hectares located in east central Saskatchewan.