Foran Mining (OTCMKTS:FMCXF) Stock Price Down 8.3% – Here’s Why

Foran Mining Co. (OTCMKTS:FMCXFGet Free Report)’s stock price was down 8.3% during trading on Monday . The company traded as low as $2.60 and last traded at $2.61. Approximately 17,961 shares traded hands during trading, a decline of 67% from the average daily volume of 54,806 shares. The stock had previously closed at $2.85.

Foran Mining Price Performance

The firm has a 50-day moving average price of $2.76 and a 200 day moving average price of $2.90.

About Foran Mining

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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.

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