Foran Mining Co. (OTCMKTS:FMCXF) Short Interest Update

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

Foran Mining Stock Performance

Shares of FMCXF stock traded down $0.13 during trading hours on Tuesday, reaching $3.08. 475,329 shares of the company’s stock were exchanged, compared to its average volume of 43,487. The company’s 50 day moving average is $3.01 and its two-hundred day moving average is $3.00. Foran Mining has a 1 year low of $2.23 and a 1 year high of $3.28.

About Foran Mining

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.