Forsys Metals (TSE:FSY) Hits New 12-Month Low – Here’s Why

Forsys Metals Corp. (TSE:FSYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.41 and last traded at C$0.44, with a volume of 177611 shares traded. The stock had previously closed at C$0.45.

Forsys Metals Trading Down 3.4 %

The company’s 50 day moving average is C$0.59 and its 200-day moving average is C$0.61. The company has a market capitalization of C$86.14 million, a P/E ratio of -19.08 and a beta of 0.86.

Forsys Metals Company Profile

(Get Free Report)

Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.

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