Cormark Comments on Foran Mining’s FY2026 Earnings (TSE:FOM)

Foran Mining Corp. (TSE:FOM) – Investment analysts at Cormark increased their FY2026 earnings per share estimates for Foran Mining in a research report issued to clients and investors on Wednesday, November 12th. Cormark analyst S. Ioannou now forecasts that the company will earn ($0.06) per share for the year, up from their prior forecast of ($0.11).

Several other brokerages also recently commented on FOM. BMO Capital Markets upgraded shares of Foran Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 25th. Ventum Cap Mkts raised shares of Foran Mining to a “strong-buy” rating in a research note on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Foran Mining Trading Down 1.0%

Shares of FOM opened at C$3.80 on Friday. The company’s fifty day simple moving average is C$3.59 and its 200-day simple moving average is C$3.21. The company has a market cap of C$2.05 billion, a P/E ratio of -76.00 and a beta of 0.76. Foran Mining has a twelve month low of C$2.46 and a twelve month high of C$4.41.

Foran Mining (TSE:FOM) last released its earnings results on Friday, November 7th. The company reported C$0.02 earnings per share for the quarter.

About Foran Mining

Foran Mining Corp is a zinc-copper exploration and development company with projects located along the Flin Flon Greenstone Belt. Its project portfolio comprises McIlvenna Bay, Bigstone, VMS Primer, Hanson Lake Project, and others projects.