In today’s recent session, 2.89 million shares of the Fortuna Mining Corp (NYSE:FSM) have been traded, and its beta is 1.46. Most recently the company’s share price was $4.41, and it changed around $0.13 or 3.04% from the last close, which brings the market valuation of the company to $1.38B. FSM at last check was trading at a discount to its 52-week high of $6.36, offering almost -44.22% off that amount. The share price’s 52-week low was $2.93, which indicates that the recent value has risen by an impressive 33.56% since then.
Fortuna Mining Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.60. If we narrow it down even further, the data shows that 1 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended FSM as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Fortuna Mining Corp is expected to report earnings per share of 0.19 for the current quarter.
Fortuna Mining Corp (NYSE:FSM) trade information
Instantly FSM has been showing a green trend so far today with a performance of 3.04% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.61 on recent trading dayincreased the stock’s daily price by 4.34%. The company’s shares are currently up 2.80% year-to-date, but still down -4.55% over the last five days. On the other hand, Fortuna Mining Corp (NYSE:FSM) is -14.37% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6.5, which translates to bulls needing to increase their stock price by 32.15% from its current value. Analyst projections state that FSM is forecast to be at a low of $6.5 and a high of $6.5.
Fortuna Mining Corp (FSM) estimates and forecasts
The year-over-year growth rate is expected to be 26.01%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 301.65M in revenue for the current quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 13.70%. Fortuna Mining Corp earnings are expected to increase by 134.34% in 2025, but the outlook is positive 42.27% per year for the next five years.
Fortuna Mining Corp (NYSE:FSM)’s Major holders
SILVERCREST ASSET MANAGEMENT GROUP LLC, with 0.0073% or 22500.0 shares worth $0.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 13.13 shares worth $57.98 million, making up 4.28% of all outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held roughly 11.42 shares worth around $50.43 million, which represents about 3.73% of the total shares outstanding.
