Forsys Metals (TSE:FSY) Sets New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

Forsys Metals Corp. (TSE:FSYGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.27 and last traded at C$0.27, with a volume of 589246 shares changing hands. The stock had previously closed at C$0.28.

Forsys Metals Stock Performance

The firm has a market capitalization of C$66.08 million, a P/E ratio of -27.00 and a beta of -0.85. The stock’s 50 day simple moving average is C$0.43 and its 200 day simple moving average is C$0.51.

Forsys Metals (TSE:FSYGet Free Report) last posted its quarterly earnings results on Thursday, November 13th. The company reported C$0.00 earnings per share for the quarter.

About Forsys Metals

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Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production.

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