What is Cormark’s Forecast for Foran Mining FY2024 Earnings?

Foran Mining Corp. (TSE:FOMFree Report) – Analysts at Cormark boosted their FY2024 EPS estimates for shares of Foran Mining in a research report issued on Tuesday, November 19th. Cormark analyst S. Ioannou now expects that the company will post earnings of ($0.05) per share for the year, up from their prior forecast of ($0.07). Cormark currently has a “Moderate Buy” rating on the stock.

Separately, Ventum Cap Mkts upgraded Foran Mining to a “strong-buy” rating in a report on Wednesday, September 18th.

Read Our Latest Analysis on Foran Mining

Foran Mining Stock Performance

TSE FOM opened at C$4.32 on Friday. The firm has a market capitalization of C$1.69 billion, a PE ratio of -144.00 and a beta of 3.80. The business has a fifty day moving average of C$4.26. Foran Mining has a fifty-two week low of C$3.43 and a fifty-two week high of C$4.69.

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