Foran Mining Co. (OTCMKTS:FMCXF) Short Interest Down 11.2% in April

Foran Mining Co. (OTCMKTS:FMCXF) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 3,148,600 shares, a drop of 11.2% from the March 31st total of 3,546,500 shares. Based on an average trading volume of 34,300 shares, the days-to-cover ratio is presently 91.8 days.

Foran Mining Stock Down 4.7 %

FMCXF traded down $0.15 during trading on Tuesday, hitting $3.06. 475,467 shares of the stock traded hands, compared to its average volume of 43,487. The business has a 50 day moving average price of $3.01 and a 200 day moving average price of $3.00. Foran Mining has a twelve month low of $2.23 and a twelve month high of $3.28.

Foran Mining Company Profile

Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for copper, zinc, gold, and silver deposits. Its flagship project is the 100% owned McIlvenna Bay project comprising 44 claims that covers a total area of 29,418 hectares located in Saskatchewan, Canada.