Foran Mining (OTCMKTS:FMCXF) Shares Down 2.5% – Here’s Why

Foran Mining Co. (OTCMKTS:FMCXFGet Free Report) shares fell 2.5% on Thursday . The stock traded as low as $2.95 and last traded at $2.95. 10,826 shares traded hands during trading, a decline of 77% from the average session volume of 47,911 shares. The stock had previously closed at $3.03.

Foran Mining Stock Performance

The stock’s 50-day moving average is $3.10 and its two-hundred day moving average is $2.95.

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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