Forsys Metals Corp. (TSE:FSY – Get Free Report) shares fell 2.8% during mid-day trading on Tuesday . The company traded as low as C$0.66 and last traded at C$0.69. 43,717 shares traded hands during trading, a decline of 78% from the average session volume of 196,118 shares. The stock had previously closed at C$0.71.
Forsys Metals Stock Performance
The company has a 50-day moving average price of C$0.68 and a 200-day moving average price of C$0.70. The company has a market capitalization of C$130.76 million, a price-to-earnings ratio of -17.25 and a beta of 0.86.
Insider Buying and Selling at Forsys Metals
In related news, Senior Officer Jorge Estepa sold 35,000 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$0.76, for a total value of C$26,600.00. Insiders own 33.32% of the company’s stock.
About Forsys Metals
Forsys Metals Corp. together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Africa. Its flagship project is the Norasa uranium project, which includes the Valencia and Namibplaas uranium projects located in the Republic of Namibia. The company was formerly known as Forsys Technologies Inc and changed its name to Forsys Metals Corp.
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