Risk factor
Considerable default risk
Profitability factor
Greatly overvalued vs peers
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...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.
Target Price
The average target price of FOM.TO is 6.0 and suggests 1% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec
