Forsys Metals (TSE:FSY) Trading Down 1.6% – Should You Sell?

Forsys Metals Corp. (TSE:FSYGet Free Report)’s share price dropped 1.6% on Wednesday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 123,890 shares were traded during trading, a decline of 63% from the average daily volume of 338,084 shares. The stock had previously closed at C$0.32.

Forsys Metals Trading Down 6.3%

The stock has a market capitalization of C$73.42 million, a PE ratio of -30.00 and a beta of -0.92. The business’s 50-day moving average is C$0.37 and its two-hundred day moving average is C$0.50.

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

Forsys Metals Company Profile

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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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