Short Interest in Foran Mining Co. (OTCMKTS:FMCXF) Increases By 7.8%

Foran Mining Co. (OTCMKTS:FMCXF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 8,079,700 shares, a growth of 7.8% from the December 15th 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 Trading Up 0.7 %

Shares of Foran Mining stock traded up $0.02 during trading hours on Friday, reaching $2.76. 29,968 shares of the company’s stock were exchanged, compared to its average volume of 42,515. Foran Mining has a 52-week low of $2.41 and a 52-week high of $3.40. The company has a fifty day moving average of $2.88 and a 200-day moving average of $2.90.

Foran Mining Company Profile

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.