Forsys Metals (TSE:FSY) Hits New 52-Week Low – Time to Sell?

Forsys Metals Corp. (TSE:FSYGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.27, with a volume of 698213 shares changing hands. The stock had previously closed at C$0.27.

Forsys Metals Trading Up 16.7%

The stock has a market capitalization of C$77.09 million, a P/E ratio of -31.50 and a beta of -0.92. The stock’s fifty day moving average price is C$0.33 and its two-hundred day moving average price is C$0.49.

Forsys Metals (TSE:FSYGet Free Report) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.00 earnings per share for the quarter.

Forsys Metals Company Profile

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Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production. Norasa project is the consolidation of the Valencia and Namibplaas Uranium projects.

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