Forsys Metals – TSX: FSY, OTC: FOSYF, FSE: F2T

Forsys Metals Corp.  (Stock Symbols – TSX: FSY, OTC: FOSYF, FSE: F2T) is an development stage company which engages in the acquisition, exploration, and development of mineral properties in Namibia, Africa.

The company’s flagship project is the Norasa Uranium Project which includes both the Valencia project and the Namibplaas project located south west of Usakos in Namibia. The proposed mining project is just 35 kilometers from the Rio Tinto Rossing Mine.

Forsys Metals Norasa Project
Forsys Metals Norasa Project. Source: Forsys Metals

The company has completed a Definititive Feasibility Study (DFS) for its 100% owned Norasa Uranium project in 2015.

The DFS denotes a post tax 26% internal rate of return (IRR) for the project and will produce 78 million pounds of uranium over the 15 year life of the project which includes over $1 billion in free cash flow.

The company’s total uranium reserve is 91 million proven and probable pounds at 200 ppm, 115 million pounds of measured and indicated resources, and another 11 million pounds of inferred resources.

Forsys Metals Norasa Resources and Reserves
Forsys Metals Norasa Resources and Reserves. Source: Forsys Metals

The company plans to use open pit mining during the production phase of operations and is reporting a $32.96 per pound cash cost for production during the first five years and an average cash cost per pound of $34.72 over the life of the mine.

The Norasa Uranium project is construction ready and the company has secured a mining license (ML149) from the Ministry of Mines and Energy.

The company has a non-uranium project named Ondundu which is a gold project.

Subsidiaries include Namibian Metals Ltd., Dunefield Mining Company Limited, Namibian Westport and Omatjete Mining Company.

The company was formerly known as Forsys Technologies Inc. and changed its name to Forsys Metals Corp. in June 2005.

Forsys Metals Corp. was incorporated in 1985 and is headquartered in Toronto, Canada.

Contact:

Forsys Metals Corp.

20 Adelaide Street East
Suite 200
Toronto, Ontario M5C 2T6

Phone: +1 416 818-4035
Email: [email protected]

www.forsysmetals.com

Forsys Metals Corp. Stock Performance & Market Cap

Stock Symbols – TSX: FSY, OTC: FOSYF, FSE: F2T

The financial, as well as the technical charting and analysis tools below, will help you to view and analyze key data including:

  • Trading Volume Data (52 week range)
  • Market Cap Data
  • Dividend Current
  • Dividend Historic
  • Dividend Yield
  • Ex Dividend Date
  • Sales Data
  • Revenue Data
  • Investment News
  • Recent News
  • Shares Price to Earnings Ratio
  • P E Ratio
  • Basic Earnings Per Shares
  • Total Number of Shares (Stocks) Outstanding
  • Average Days Trading Volume (52 week range)
  • EPS (Earnings Per Share)
  • Technical Indicators
  • Accumulation / Distribution
  • Stochastic
  • Historical Data
  • Income Statement
  • Balance Sheet
  • Cash Flow
  • Stock Performance – 1 Week, 1 Month, 3 Mo, 6 Mo, YTD, 1 Year
  • Technical Buy / Sell Tool
  • Stock Data (Near real time price)
  • Market Cap
  • Short Interest
  • More media, news, stock quotes, expected dividends and partners
  • CEO and Leadership
  • 52 Week Low – Stocks Price
  • 52 Week High – Stocks Price
  • Day Range – Stocks Price
  • P/E Ratio
  • Current Price Per Ordanary Shares (market delayed / not real time)
  • Last Sale
  • Price to Earnings Ratio
  • Aroon
  • CRSI
  • DMI
  • MACD
  • OBV
  • Historical Stock / Volume / Market / Price / Dividend Data
  • Short Interest
  • Chief Executive Officer
  • And a motley fool more!
  • Interactive chart and market data powered by TradingView

Don’t forget to take a look at these uranium stocks to include in your portfolio.

Join and participate in engaging conversations in our uranium discussion groups or uranium forums. Check out these additional resources to grow your knowledge.

The Forsys Metals group is full of discussions, presentations, and company announcements. If you’re looking to be engaged, this is the place for it!

Discuss the company in more detail and dive deeper into organized conversations in the Forsys Metals forum.

Previous Uranium Stock -> Fission Uranium

Next Uranium Stock -> Fortune Bay Corp



Tweets

Load More...