Fortuna Mining Corp (NYSE: FSM) is 0.00% lower on its value in year-to-date trading and has touched a low of $2.70 and a high of $6.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSM stock was last observed hovering at around $4.32 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $4.29, the stock is -12.13% and -7.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.08 million and changing -0.69% at the moment leaves the stock -11.46% off its SMA200. FSM registered 62.50% gain for a year compared to 6-month gain of -6.74%.
The stock witnessed a -15.05% loss in the last 1 month and extending the period to 3 months gives it a -11.36%, and is -3.81% 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 5.67% over the week and 5.14% over the month.
Fortuna Mining Corp (FSM) has around 5185 employees, a market worth around $1.34B and $1.03B in sales. Current P/E ratio is 58.93 and Fwd P/E is 5.84. Profit margin for the company is 2.44%. Distance from 52-week low is 58.89% and -32.55% from its 52-week high. The company has generated returns on investments over the last 12 months (1.58%).
The EPS is expected to grow by 134.22% this year.
Fortuna Mining Corp (FSM) Top Institutional Holders
The shares outstanding are 313.33M, and float is at 309.59M with Short Float at 5.01%.
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.
Fortuna Mining Corp (FSM) Insider Activity
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Fortuna Mining Corp (FSM): Who are the competitors?
The company’s main competitors (and peers) include Ten Sixty Four Ltd. (MDSMF) that is trading 1,900.00% up over the past 12 months. Seabridge Gold Inc. (SA) that is -14.54% lower over the same period.
