Forsys Metals (TSE:FSY) Sets New 12-Month Low – Here’s Why

Forsys Metals Corp. (TSE:FSYGet Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as C$0.41 and last traded at C$0.43, with a volume of 161185 shares changing hands. The stock had previously closed at C$0.47.

Forsys Metals Price Performance

The stock has a 50 day moving average price of C$0.56 and a two-hundred day moving average price of C$0.61. The company has a market capitalization of C$86.14 million, a price-to-earnings ratio of -19.08 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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