What is Cormark’s Estimate for Foran Mining FY2024 Earnings?

Foran Mining Corp. (TSE:FOMFree Report) – Cormark increased their FY2024 EPS estimates for shares of Foran Mining in a report issued on Tuesday, November 19th. Cormark analyst S. Ioannou now anticipates that the company will earn ($0.05) per share for the year, up from their previous forecast of ($0.07). Cormark currently has a “Moderate Buy” rating on the stock.

Separately, Ventum Cap Mkts upgraded Foran Mining to a “strong-buy” rating in a research note on Wednesday, September 18th.

Get Our Latest Analysis on Foran Mining

Foran Mining Stock Up 0.7 %

TSE FOM opened at C$4.34 on Friday. Foran Mining has a 1 year low of C$3.43 and a 1 year high of C$4.69. The firm has a market capitalization of C$1.70 billion, a P/E ratio of -142.67 and a beta of 3.80. The firm’s fifty day simple moving average is C$4.25.

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