Foran Mining Co. (OTCMKTS:FMCXF) Short Interest Update

Foran Mining Co. (OTCMKTS:FMCXF) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 7,528,500 shares, an increase of 12.4% from the October 31st total of 6,700,700 shares. Based on an average trading volume of 137,700 shares, the days-to-cover ratio is currently 54.7 days.

Foran Mining Stock Performance

OTCMKTS:FMCXF remained flat at $2.95 on Friday. The company’s stock had a trading volume of 39,874 shares, compared to its average volume of 47,911. The business has a 50-day moving average price of $3.10 and a 200-day moving average price of $2.94. Foran Mining has a fifty-two week low of $2.41 and a fifty-two week high of $3.40.

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 100% owned McIlvenna Bay project comprising 44 claims that covers a total area of 29,418 hectares located in Saskatchewan, Canada.