Foran Mining Corp. engages in the provision of acquisition, exploration, and development of mineral resource properties. The company is headquartered in Vancouver, British Columbia and currently employs 167 full-time employees. The Company’s McIlvenna Bay project is located within the documented traditional territory of the Peter Ballantyne Cree Nation, comprises the infrastructure and works related to development activities of the Company, and hosts the McIlvenna Bay Deposit and Tesla Zone. The firm also owns the Bigstone Deposit, a resource-development stage deposit located 25 kilometers (km) southwest of the McIlvenna Bay Property. The company holds a total of 111 mineral claims and one mineral lease, covering approximately 136,124 hectares (ha), which are part of the McIlvenna Bay Project. The company holds an option to acquire the Denare West property, consisting of 10 mineral claims covering approximately 21,066 ha. The company also holds an option to acquire the Hanson Lake Property, consisting of a single claim located approximately five km northwest of the McIlvenna Bay Deposit and covering over 4,510 ha.
Follow-Up Questions
Who is the CEO of Foran Mining Corp?
Mr. Daniel Myerson is the Executive Chairman of the Board of Foran Mining Corp, joining the firm since 2020.
What is the price performance of FMCXF stock?
The current price of FMCXF is $2.37, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Foran Mining Corp?
Foran Mining Corp belongs to Metals & Mining industry and the sector is Materials
What is Foran Mining Corp market cap?
Foran Mining Corp's current market cap is $1.2B
Is Foran Mining Corp a buy, sell, or hold?
According to wall street analysts, 9 analysts have made analyst ratings for Foran Mining Corp, including 1 strong buy, 7 buy, 2 hold, 0 sell, and 1 strong sell