Foran Mining Corp. (TSE:FOM – Free Report) – Investment analysts at National Bank Financial dropped their FY2024 earnings per share estimates for Foran Mining in a report issued on Tuesday, September 17th. National Bank Financial analyst R. Nizami now anticipates that the company will post earnings of ($0.03) per share for the year, down from their prior estimate of ($0.02). National Bank Financial also issued estimates for Foran Mining’s FY2025 earnings at ($0.05) EPS, FY2026 earnings at $0.14 EPS and FY2027 earnings at $0.35 EPS.
A number of other equities research analysts have also recently issued reports on the company. Ventum Cap Mkts upgraded Foran Mining to a “strong-buy” rating in a research note on Wednesday. Cormark raised shares of Foran Mining from a “hold” rating to a “moderate buy” rating in a research report on Wednesday.
Foran Mining Stock Up 1.8 %
Shares of TSE FOM opened at C$4.01 on Friday. The company’s 50 day moving average is C$3.77. The firm has a market capitalization of C$1.50 billion, a PE ratio of -133.67 and a beta of 3.82. Foran Mining has a 52 week low of C$3.39 and a 52 week high of C$4.67.
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