Foran Mining (TSE:FOM) Raised to Strong-Buy at Ventum Cap Mkts

Foran Mining (TSE:FOM) was upgraded by stock analysts at Ventum Cap Mkts to a “strong-buy” rating in a research note issued on Wednesday, Zacks.com reports. Ventum Cap Mkts also issued estimates for Foran Mining’s FY2024 earnings at ($0.06) EPS and FY2026 earnings at $0.08 EPS.

Separately, Cormark upgraded shares of Foran Mining from a “hold” rating to a “moderate buy” rating in a research report on Wednesday.

Foran Mining Trading Down 0.3 %

Shares of FOM stock opened at C$3.94 on Wednesday. Foran Mining has a 1-year low of C$3.39 and a 1-year high of C$4.67. The firm has a market cap of C$1.47 billion, a P/E ratio of -131.33 and a beta of 3.82. The stock’s 50 day simple moving average is C$3.77.