Forsys Metals (TSE:FSY) Hits New 52-Week Low – What’s Next?

Forsys Metals Corp. (TSE:FSYGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.27, with a volume of 698213 shares trading hands. The stock had previously closed at C$0.27.

Forsys Metals Stock Performance

The business’s fifty day moving average price is C$0.35 and its 200-day moving average price is C$0.49. The stock has a market cap of C$64.85 million, a PE ratio of -26.50 and a beta of -0.92.

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