Fortuna Mining Corp. (NYSE:FSM) has a beta value of 1.60 and has seen 1.13 million shares traded in the recent trading session. The company, currently valued at $1.46B, closed the recent trade at $4.65 per share which meant it lost -$0.04 on the day or -0.85% during that session. The FSM stock price is -36.77% off its 52-week high price of $6.36 and 43.44% above the 52-week low of $2.63. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.47 million shares traded. The 3-month trading volume is 5.99 million shares.
The consensus among analysts is that Fortuna Mining Corp. (FSM) is Hold stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 4 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.11.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Fortuna Mining Corp. (NYSE:FSM) trade information
Sporting -0.85% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FSM stock price touched $4.65 or saw a rise of 4.91%. Year-to-date, Fortuna Mining Corp. shares have moved 20.47%, while the 5-day performance has seen it change 3.33%. Over the past 30 days, the shares of Fortuna Mining Corp. (NYSE:FSM) have changed -6.81%. Short interest in the company has seen 11.59 million shares shorted with days to cover at 1.94.
Wall Street analysts have a consensus price target for the stock at $6.5, which means that the shares’ value could jump 28.46% from the levels at last check today. The projected low price target is $6.5 while the price target rests at a high of $6.5. In that case, then, we find that the latest price level in today’s session is -39.78% off the targeted high while a plunge would see the stock gain -39.78% from the levels at last check today.
Fortuna Mining Corp. (FSM) estimates and forecasts
Figures show that Fortuna Mining Corp. shares have outperformed across the wider relevant industry. The company’s shares have gained 2.42% over the past 6 months, with this year growth rate of 113.64%, compared to 17.80% for the industry. Revenue growth from the last financial year stood is estimated to be 20.60%.
2 analysts offering their estimates for the company have set an average revenue estimate of 262.69M for the current quarter. 1 have an estimated revenue figure of 284.11M for the next ending quarter.
FSM Dividends
Fortuna Mining Corp. is expected to release its next earnings report on 2024-Nov-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Fortuna Mining Corp. (NYSE:FSM)’s Major holders
Insiders own 0.83% of the company shares, while shares held by institutions stand at 55.06% with a share float percentage of 55.52%. Investors are also buoyed by the number of investors in a company, with Fortuna Mining Corp. having a total of 267.0 institutions that hold shares in the company. The top two institutional holders are GOTHAM ASSET MANAGEMENT, LLC with over 0.51 million shares worth more than $2.51 million. As of 2024-06-30, GOTHAM ASSET MANAGEMENT, LLC held 0.1674% of shares outstanding.
The other major institutional holder is SILVERCREST ASSET MANAGEMENT GROUP LLC, with the holding of over 22500.0 shares as of 2024-06-30. The firm’s total holdings are worth over $0.11 million and represent 0.0073% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Sep 30, 2024, the former fund manager holds about 4.58% shares in the company for having 14.34 shares of worth $67.4 million while later fund manager owns 13.22 shares of worth $62.16 million as of Sep 30, 2024, which makes it owner of about 4.22% of company’s outstanding stock.
