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

Foran Mining Co. (OTCMKTS:FMCXF) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 3,148,600 shares, a drop of 11.2% from the March 31st total of 3,546,500 shares. Based on an average daily volume of 34,300 shares, the days-to-cover ratio is presently 91.8 days.

Foran Mining Trading Down 4.0 %

Shares of OTCMKTS:FMCXF traded down $0.13 during midday trading on Tuesday, hitting $3.08. The company’s stock had a trading volume of 475,329 shares, compared to its average volume of 43,487. The stock’s 50 day simple moving average is $3.01 and its 200 day simple moving average is $3.00. Foran Mining has a fifty-two week low of $2.23 and a fifty-two week 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.