Forsys Metals Corp. (TSE:FSY – Get Free Report) was down 18.2% during mid-day trading on Monday . The company traded as low as C$0.53 and last traded at C$0.54. Approximately 1,418,317 shares changed hands during trading, an increase of 522% from the average daily volume of 227,875 shares. The stock had previously closed at C$0.66.
Forsys Metals Price Performance
The stock’s 50-day moving average is C$0.55 and its 200-day moving average is C$0.56. The stock has a market cap of C$115.87 million, a price-to-earnings ratio of -55.00 and a beta of -0.41.
About Forsys Metals
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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