Forsys Metals (TSE:FSY) Shares Up 5.3% – What’s Next?

Shares of Forsys Metals Corp. (TSE:FSYGet Free Report) rose 5.3% on Wednesday . The company traded as high as C$0.41 and last traded at C$0.40. Approximately 302,771 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 718,137 shares. The stock had previously closed at C$0.38.

Forsys Metals Stock Performance

The firm’s 50 day moving average price is C$0.42 and its two-hundred day moving average price is C$0.42. The company has a market cap of C$97.89 million, a P/E ratio of -40.00 and a beta of -1.45.

Forsys Metals Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Forsys Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forsys Metals and related companies with MarketBeat.com's FREE daily email newsletter.