Forbes and Manhattan Coal Corp Downgraded by Canaccord Genuity to “Hold” (FMC)
Forbes and Manhattan Coal Corp (TSE:FMC) was downgraded by equities researchers at Canaccord Genuity to a “hold” rating in a research report issued on Tuesday, Analyst RN reports.
Shares of Forbes and Manhattan Coal Corp (TSE:FMC) remained flat at $0.155 during during mid-day trading trading on Tuesday. 4,500 shares of the company’s stock traded hands. Forbes and Manhattan Coal Corp has a 52 week low of $0.12 and a 52 week high of $0.66. The stock has a 50-day moving average of $0.17 and a 200-day moving average of $0.25. The company’s market cap is $5.4 million.
Forbes & Manhattan Coal Corp. (TSE:FMC) is a coal mining company.
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