In last trading session, Fortuna Mining Corp. (NYSE:FSM) saw 9.66 million shares changing hands with its beta currently measuring 1.60. Company’s recent per share price level of $5.15 trading at $0.49 or 10.52% at ring of the bell on the day assigns it a market valuation of $1.61B. That closing price of FSM’s stock is at a discount of -23.5% from its 52-week high price of $6.36 and is indicating a premium of 48.93% from its 52-week low price of $2.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.08 million shares which gives us an average trading volume of 6.02 million if we extend that period to 3-months.

For Fortuna Mining Corp. (FSM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.11 in the current quarter.

Fortuna Mining Corp. (NYSE:FSM) trade information

Upright in the green during last session for gaining 10.52%, in the last five days FSM remained trading in the green while hitting it’s week-highest on Friday, 10/18/24 when the stock touched $5.15 price level, adding 0.96% to its value on the day. Fortuna Mining Corp.’s shares saw a change of 33.42% in year-to-date performance and have moved 8.42% in past 5-day. Fortuna Mining Corp. (NYSE:FSM) showed a performance of 6.19% in past 30-days. Number of shares sold short was 11.59 million shares which calculate 1.94 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6.5 to the stock, which implies a rise of 20.77% to its current value. Analysts have been projecting 6.5 as a low price target for the stock while placing it at a high target of 6.5. It follows that stock’s current price would drop -26.21% in reaching the projected high whereas dropping to the targeted low would mean a loss of -26.21% for stock’s current value.

Fortuna Mining Corp. (FSM) estimates and forecasts

Statistics highlight that Fortuna Mining Corp. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 10.75% of value to its shares in past 6 months, showing an annual growth rate of 113.64% while that of industry is 15.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 21.00% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 262.69M for the same. And 1 analysts are in estimates of company making revenue of 284.11M in the next quarter.

Fortuna Mining Corp. (NYSE:FSM)’s Major holders

Insiders are in possession of 0.83% of company’s total shares while institution are holding 55.18 percent of that, with stock having share float percentage of 55.64%. Investors also watch the number of corporate investors in a company very closely, which is 55.18% institutions for Fortuna Mining Corp. that are currently holding shares of the company. GOTHAM ASSET MANAGEMENT, LLC is the top institutional holder at FSM for having 0.51 million shares of worth $2.51 million. And as of 2024-06-30, it was holding 0.1674 of the company’s outstanding shares.

The second largest institutional holder is SILVERCREST ASSET MANAGEMENT GROUP LLC, which was holding about 22500.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0073 of outstanding shares, having a total worth of $0.11 million.