In the latest trading session, 7.92 million Fortuna Mining Corp (NYSE:FSM) shares changed hands as the company’s beta touched 1.50. With the company’s most recent per share price at $4.53 changing hands around $0.16 or 3.55% at last look, the market valuation stands at $1.42B. FSM’s current price is a discount, trading about -40.4% off its 52-week high of $6.36. The share price had its 52-week low at $2.63, which suggests the last value was 41.94% up since then.
Analysts gave the Fortuna Mining Corp (FSM) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended FSM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Fortuna Mining Corp’s EPS for the current quarter is expected to be 0.19.
Fortuna Mining Corp (NYSE:FSM) trade information
Instantly FSM is in green as seen in intraday trades today. With action -1.84%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 5.48%, with the 5-day performance at -1.84% in the red. However, in the 30-day time frame, Fortuna Mining Corp (NYSE:FSM) is 4.75% up.
The consensus price target for the stock as assigned by Wall Street analysts is 6.5, meaning bulls need an upside of 30.31% from its recent market value. According to analyst projections, FSM’s forecast low is 6.5 with 6.5 as the target high. To hit the forecast high, the stock’s price needs a -43.49% plunge from its current level, while the stock would need to soar -43.49% for it to hit the projected low.
Fortuna Mining Corp (FSM) estimates and forecasts
Year-over-year growth is forecast to reach 26.01% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 301.65M. The company’s revenue for the corresponding quarters a year ago was 265.31M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 13.70%.
The 2025 estimates are for Fortuna Mining Corp earnings to increase by 134.14%, but the outlook for the next 5-year period is at 42.27% per year.
Fortuna Mining Corp (NYSE:FSM)’s Major holders
SILVERCREST ASSET MANAGEMENT GROUP LLC holds the second largest percentage of outstanding shares, with 0.0073% or 22500.0 shares worth $0.11 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. With 13.82 shares estimated at $62.76 million under it, the former controlled 4.51% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held about 4.11% of the shares, roughly 12.59 shares worth around $57.15 million.
