Fortuna Mining Corp (NYSE: FSM) is 0.93% higher on its value in year-to-date trading and has touched a low of $2.63 and a high of $6.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FSM stock was last observed hovering at around $4.30 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $4.33, the stock is -1.11% and -6.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.01 million and changing 0.70% at the moment leaves the stock -10.42% off its SMA200. FSM registered 43.38% gain for a year compared to 6-month loss of -14.09%. The firm has a 50-day simple moving average (SMA 50) of $4.6124 and a 200-day simple moving average (SMA200) of $4.8334.
The stock witnessed a 0.00% gain in the last 1 month and extending the period to 3 months gives it a -15.92%, and is -5.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.98% over the week and 4.12% over the month.
Fortuna Mining Corp (FSM) has around 5185 employees, a market worth around $1.36B and $1.03B in sales. Current P/E ratio is 59.48 and Fwd P/E is 5.40. Profit margin for the company is 2.44%. Distance from 52-week low is 64.64% and -31.92% from its 52-week high. The company has generated returns on investments over the last 12 months (1.58%).
with sales reaching $301.65M over the same period.The EPS is expected to grow by 150.33% this year, but quarterly earnings will post 25.99% year-over-year. Quarterly sales are estimated to grow 13.70% in year-over-year returns.
288.0 institutions hold shares in Fortuna Mining Corp (FSM), with institutional investors hold 63.99% of the company’s shares. The shares outstanding are 313.33M, and float is at 309.59M with Short Float at 4.19%. Institutions hold 63.47% of the Float.
The top institutional shareholder in the company is GOTHAM ASSET MANAGEMENT, LLC with over 0.51 million shares valued at $2.51 million. The investor’s holdings represent 0.1674 of the FSM Shares outstanding. As of 2024-06-30, the second largest holder is SILVERCREST ASSET MANAGEMENT GROUP LLC with 22500.0 shares valued at $0.11 million to account for 0.0073 of the shares outstanding. The other top investors are TD WATERHOUSE CANADA INC. which holds 10500.0 shares representing 0.0034 and valued at over $63945.0, while BANQUE CANTONALE VAUDOISE holds 0.0024 of the shares totaling 7281.0 with a market value of $36000.0.
