Fundamental Research set a C$1.59 price objective on Foran Mining (CVE:FOM) in a research note published on Thursday. The firm currently has a buy rating on the stock.
CVE:FOM opened at C$0.32 on Thursday. Foran Mining has a fifty-two week low of C$0.23 and a fifty-two week high of C$0.62.
About Foran Mining
Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Saskatchewan and Manitoba, Canada. It primarily explores for copper, zinc, lead, gold, and silver deposits. The company's flagship project is the McIlvenna Bay property that comprises 30 claims covering an area of 20,382 hectares located in east central Saskatchewan.
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