In the last trading session, 9.44 million Fortuna Mining Corp (NYSE:FSM) shares changed hands as the company’s beta touched 1.10. With the company’s per share price at $6.07 changed hands at -$0.1 or -1.62% during last session, the market valuation stood at $1.86B. FSM’s last price was a discount, traded about -11.7% off its 52-week high of $6.78. The share price had its 52-week low at $3.86, which suggests the last value was 36.41% up since then. When we look at Fortuna Mining Corp’s average trading volume, we note the 10-day average is 13.45 million shares, with the 3-month average coming to 16.01 million.
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 (NYSE:FSM) trade information
Instantly FSM was in red as seen at the end of in last trading. With action -1.46%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 41.49%, with the 5-day performance at -1.46% in the red. However, in the 30-day time frame, Fortuna Mining Corp (NYSE:FSM) is -0.82% down. Looking at the short shares, we see there were 23.26 million shares sold at short interest cover period of 1.22 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6.5, meaning bulls need an upside of 6.62% from its current 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 -7.08% plunge from its current level, while the stock would need to soar -7.08% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 22.93%. The 2025 estimates are for Fortuna Mining Corp earnings to increase by 54.38%, but the outlook for the next 5-year period is at 11.41% per year.
FSM Dividends
Fortuna Mining Corp is expected to release its next quarterly earnings report on 2025-Mar-04.
Fortuna Mining Corp (NYSE:FSM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.51% of Fortuna Mining Corp shares while 62.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 62.84%. There are 62.52% institutions holding the Fortuna Mining Corp stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 9.7303% of the shares, roughly 29.78 million FSM shares worth $145.6 million.
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds the second largest percentage of outstanding shares, with 2.9548% or 9.04 million shares worth $44.22 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . With 11.0 shares estimated at $66.79 million under it, the former controlled 3.58% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held about 3.26% of the shares, roughly 10.02 shares worth around $60.83 million.
