Forsys Metals (TSE:FSY) Sets New 52-Week Low – Here’s What Happened

Forsys Metals Corp. (TSE:FSYGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.41 and last traded at C$0.44, with a volume of 177611 shares trading hands. The stock had previously closed at C$0.45.

Forsys Metals Price Performance

The business’s 50-day simple moving average is C$0.58 and its two-hundred day simple moving average is C$0.61. The stock has a market cap of C$91.15 million, a price-to-earnings ratio of -20.19 and a beta of 0.86.

About Forsys Metals

(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.

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