Foran Mining Stock Price on May 21, 2024

FOM Stock   4.00  0.08  2.04%   
Below is the normalized historical share price chart for Foran Mining extending back to August 08, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Foran Mining stands at 4.00, as last reported on the 25th of December, with the highest price reaching 4.01 and the lowest price hitting 3.88 during the day.
200 Day MA
4.0817
50 Day MA
4.271
Beta
3.789
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Foran Stock, it is important to understand the factors that can impact its price. Foran Mining secures Sharpe Ratio (or Efficiency) of -0.0559, which denotes the company had a -0.0559% return per unit of risk over the last 3 months. Foran Mining exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foran Mining's Downside Deviation of 2.27, coefficient of variation of 10063.32, and Mean Deviation of 1.77 to check the risk estimate we provide.
  
At this time, Foran Mining's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Foran Mining's Price To Sales Ratio is very stable compared to the past year. As of the 25th of December 2024, Price Book Value Ratio is likely to grow to 2.44, while Price Earnings Ratio is likely to drop (81.90). Foran Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0559

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Estimated Market Risk

 2.26
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Foran Mining is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Foran Mining by adding Foran Mining to a well-diversified portfolio.
Price Book
2.0805
Book Value
1.923
Enterprise Value
1.3 B
Enterprise Value Ebitda
(131.26)
Shares Float
383.3 M

Foran Mining Valuation on May 21, 2024

It is possible to determine the worth of Foran Mining on a given historical date. On May 21, 2024 Foran was worth 4.59 at the beginning of the trading date compared to the closed value of 4.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Foran Mining stock. Still, in general, we apply an absolute valuation method to find Foran Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Foran Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Foran Mining's related companies.
 Open High Low Close Volume
  4.47    4.67    4.45    4.54    1,023,800  
05/21/2024
  4.59    4.62    4.52    4.57    768,400  
  4.49    4.54    4.35    4.38    384,800  
Backtest Foran Mining  |  Foran Mining History  |  Foran Mining Valuation   PreviousNext  
Open Value
4.59
4.57
Closing Value
11.36
Upside

Foran Mining Trading Date Momentum on May 21, 2024

On May 22 2024 Foran Mining was traded for  4.38  at the closing time. The maximum traded price for the trading interval was 4.54  and the lowest daily price was  4.35 . The daily volume was recorded at 384.8 K. The volume of trading on 22nd of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.16% . The overall trading delta to the closing price today is 4.60% .

Foran Mining Fundamentals Correlations and Trends

By evaluating Foran Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Foran Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Foran financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Foran Mining Stock history

Foran Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Foran is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Foran Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Foran Mining stock prices may prove useful in developing a viable investing in Foran Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding280.4 M294.5 M
Net Loss-8.8 M-8.4 M

Foran Mining Stock Technical Analysis

Foran Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Foran Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Foran Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Foran Mining Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Foran Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Foran Mining December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Foran Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foran Mining shares will generate the highest return on investment. By undertsting and applying Foran Mining stock market strength indicators, traders can identify Foran Mining entry and exit signals to maximize returns

Foran Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Foran Mining's price direction in advance. Along with the technical and fundamental analysis of Foran Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Foran to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Foran Stock

Foran Mining financial ratios help investors to determine whether Foran Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Foran with respect to the benefits of owning Foran Mining security.