Brokers Issue Forecasts for Foran Mining Corp.’s FY2024 Earnings (TSE:FOM)

Foran Mining Corp. (TSE:FOMFree Report) – Investment analysts at Ventum Cap Mkts issued their FY2024 earnings per share (EPS) estimates for Foran Mining in a research note issued to investors on Wednesday, September 18th. Ventum Cap Mkts analyst C. Mackay forecasts that the company will post earnings per share of ($0.06) for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. Ventum Cap Mkts also issued estimates for Foran Mining’s FY2026 earnings at $0.08 EPS.

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

View Our Latest Analysis on Foran Mining

Foran Mining Stock Up 1.8 %

Shares of Foran Mining stock opened at C$4.01 on Friday. Foran Mining has a 12-month low of C$3.39 and a 12-month high of C$4.67. The firm has a market cap of C$1.50 billion, a PE ratio of -133.67 and a beta of 3.82. The stock’s 50-day moving average price is C$3.77.

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