Fortuna Mining Corp (NYSE:FSM) has a beta value of 0.92 and has seen 1.81 million shares traded in the recent trading session. The company, currently valued at $2.06B, closed the recent trade at $16540000.0 per share which meant it gained $16539993.35 on the day or 1808142% during that session. The FSM stock price is 100.0% off its 52-week high price of $7.55 and 100.0% above the 52-week low of $3.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 17.17 million shares traded. The 3-month trading volume is 16.54 million shares.
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.
Fortuna Mining Corp (NYSE:FSM) trade information
Over the past 30 days, the shares of Fortuna Mining Corp (NYSE:FSM) have changed 14.76%. Short interest in the company has seen 17.54 million shares shorted with days to cover at 1.04.
Wall Street analysts have a consensus price target for the stock at $6.5, which means that the shares’ value could drop -254461438.46% 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 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Fortuna Mining Corp (FSM) estimates and forecasts
The company’s shares have gained 46.20% over the past 6 months.
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 44.09% while over the next 5 years, the company’s earnings are expected to increase by 12.58%.
FSM Dividends
Fortuna Mining Corp is expected to release its next earnings report on 2025-May-07 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
Insiders own 0.60% of the company shares, while shares held by institutions stand at 67.93% with a share float percentage of 68.34%. Investors are also buoyed by the number of investors in a company, with Fortuna Mining Corp having a total of 292.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 29.78 million shares worth more than $145.6 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 9.7303% of shares outstanding.
The other major institutional holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, with the holding of over 9.04 million shares as of 2024-06-30. The firm’s total holdings are worth over $44.22 million and represent 2.9548% of shares outstanding.
