Forsys Metals (TSE:FSY) Stock Price Up 8%

Forsys Metals Corp. (TSE:FSYGet Free Report) shares rose 8% during mid-day trading on Thursday . The stock traded as high as C$0.54 and last traded at C$0.54. Approximately 7,507 shares were traded during trading, a decline of 97% from the average daily volume of 222,540 shares. The stock had previously closed at C$0.50.

Forsys Metals Stock Performance

The business’s fifty day moving average price is C$0.63 and its 200-day moving average price is C$0.84. The stock has a market cap of C$105.39 million, a PE ratio of -18.00 and a beta of 0.75.

About Forsys Metals

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Forsys Metals Corp. together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Africa. Its flagship project is the Norasa uranium project, which includes the Valencia and Namibplaas uranium projects located in the Republic of Namibia. The company was formerly known as Forsys Technologies Inc and changed its name to Forsys Metals Corp.

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