Foran Mining Co. (OTCMKTS:FMCXF) Sees Large Increase in Short Interest

Foran Mining Co. (OTCMKTS:FMCXFGet Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 8,079,700 shares, an increase of 7.8% from the December 31st total of 7,496,800 shares. Based on an average trading volume of 250,700 shares, the short-interest ratio is currently 32.2 days.

Foran Mining Stock Down 1.2 %

Foran Mining stock opened at $2.55 on Tuesday. The stock has a 50-day moving average price of $2.80 and a 200 day moving average price of $2.88. Foran Mining has a 52 week low of $2.41 and a 52 week high of $3.40.

About Foran Mining

(Get Free Report)

Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for copper, zinc, gold, and silver deposits. Its flagship project is the 100% owned McIlvenna Bay project comprising 44 claims that covers a total area of 29,418 hectares located in Saskatchewan, Canada.

Recommended Stories

Receive News & Ratings for Foran Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foran Mining and related companies with MarketBeat.com's FREE daily email newsletter.