FY2026 EPS Estimates for Foran Mining Lifted by Analyst

Foran Mining Corp. (TSE:FOM) – Analysts at National Bank Financial raised their FY2026 earnings estimates for shares of Foran Mining in a report issued on Thursday, October 2nd. National Bank Financial analyst R. Nizami now expects that the company will post earnings per share of $0.22 for the year, up from their previous estimate of $0.14.

Separately, BMO Capital Markets upgraded shares of Foran Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Foran Mining has an average rating of “Strong Buy”.

Foran Mining Trading Up 0.8%

TSE:FOM opened at C$3.81 on Monday. Foran Mining has a twelve month low of C$2.46 and a twelve month high of C$4.69. The company has a 50-day moving average of C$3.10 and a 200-day moving average of C$3.16. The firm has a market cap of C$2.05 billion, a price-to-earnings ratio of -127.00 and a beta of 0.64.

Insider Buying and Selling

In other news, Director Marie Inkster acquired 24,150 shares of Foran Mining stock in a transaction on Thursday, August 14th. The stock was bought at an average cost of C$2.67 per share, with a total value of C$64,504.65. Following the completion of the purchase, the director owned 37,600 shares of the company’s stock, valued at C$100,429.60. This represents a 179.55% increase in their ownership of the stock. Corporate insiders own 19.96% of the company’s stock.

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.