Filo Mining Corp. (OTCMKTS:FLMMF – Get Rating)’s share price was down 2.1% on Tuesday . The company traded as low as $16.79 and last traded at $16.79. Approximately 342 shares traded hands during trading, a decline of 97% from the average daily volume of 13,199 shares. The stock had previously closed at $17.15.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on FLMMF shares. Scotiabank cut their price objective on Filo Mining from C$29.50 to C$29.00 in a research report on Monday, March 20th. TD Securities cut their price objective on Filo Mining from C$32.00 to C$30.00 in a research report on Tuesday, March 21st.
Filo Mining Stock Performance
The business’s 50 day moving average is $16.41 and its 200 day moving average is $16.19.
Filo Mining Company Profile
Filo Mining Corp. is a mineral exploration company, which engages in the acquisition, exploration, and development of gold properties. Its activities include the exploration and development of the Filo del Sol and Tamberias properties, which are comprised of adjacent mineral titles in Chile and the San Juan province in Argentina.
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