Fortuna Mining Corp (NYSE:FSM) has a beta value of 1.38 and has seen 3.63 million shares traded in the recent trading session. The company, currently valued at $1.53B, closed the recent trade at $4.99 per share which meant it gained $0.25 on the day or 5.27% during that session. The FSM stock price is -27.45% off its 52-week high price of $6.36 and 35.87% above the 52-week low of $3.20.
The consensus among analysts is that Fortuna Mining Corp (FSM) is Hold stock at the moment, with a recommendation rating of 2.60. 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 0.18.
Fortuna Mining Corp (NYSE:FSM) trade information
Sporting 5.27% in the green 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 $4.99 or saw a rise of 0.99%. Year-to-date, Fortuna Mining Corp shares have moved 16.32%, while the 5-day performance has seen it change 16.59%. Over the past 30 days, the shares of Fortuna Mining Corp (NYSE:FSM) have changed -3.29%.
Wall Street analysts have a consensus price target for the stock at $6.5, which means that the shares’ value could jump 23.23% 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 -30.26% off the targeted high while a plunge would see the stock gain -30.26% from the levels at last check today.
Fortuna Mining Corp (FSM) estimates and forecasts
The company’s shares have gained 19.95% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -2.62%.
1 analysts offering their estimates for the company have set an average revenue estimate of 267M for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 22.93% over the past 5 years. Earnings growth for 2025 is a modest 78.80% while over the next 5 years, the company’s earnings are expected to increase by 21.75%.
FSM Dividends
Fortuna Mining Corp is expected to release its next earnings report in April 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
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 BRITISH COLUMBIA INVESTMENT MANAGEMENT CORP, with the holding of over 0.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.84 million and represent 0.056% 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 Dec 31, 2024, the former fund manager holds about 4.28% shares in the company for having 13.13 shares of worth $65.4 million while later fund manager owns 11.42 shares of worth $56.88 million as of Dec 31, 2024, which makes it owner of about 3.73% of company’s outstanding stock.
