Risk factor
Significant default risk
Profitability factor
Very low or no dividends
About
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 McIlvenna Bay property comprising 38 claims that covers a total area of 20,907 hectares located in east central Saskatchewan. Foran Mining Corporation was incorporated in 1989 and is headquartered in Vancouver, Canada.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E.
Target Price
The average target price of FOM.TO is 6.3 and suggests 15% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre