Forsys Metals (TSE:FSY) Stock Price Up 19.7% – Here’s What Happened

Forsys Metals Corp. (TSE:FSYGet Free Report) shares were up 19.7% on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.37. Approximately 916,561 shares changed hands during trading, a decline of 50% from the average daily volume of 1,837,321 shares. The stock had previously closed at C$0.31.

Forsys Metals Price Performance

The stock’s fifty day moving average price is C$0.31 and its 200-day moving average price is C$0.46. The firm has a market cap of C$89.32 million, a PE ratio of -36.50 and a beta of -1.16.

Forsys Metals (TSE:FSYGet Free Report) last announced its quarterly earnings results 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. Norasa project is the consolidation of the Valencia and Namibplaas Uranium projects.

Further Reading

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