The trading price of Fortuna Mining Corp (NYSE:FSM) remained unchanged on current market day and closing at $5.86.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $5.81 and $5.96. The company’s P/E ratio in the trailing 12-month period was 14.51, while its 5Y monthly beta was 1.562. In examining the 52-week price action we see that the stock hit a 52-week high of $6.36 and a 52-week low of $3.36. Over the past month, the stock has gained 32.57% in value.
Fortuna Mining Corp, whose market valuation is $1.80 billion at the time of this writing, is expected to release its quarterly earnings report on 2025-Mar-04. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest FSM has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 75% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned FSM a recommendation rating is 4. Out of them, 3 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Fortuna Mining Corp (FSM) as Underweight, while 0 advise Sell. Analysts have rated the stock Hold, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.35, which symbolizes a positive outlook. A quick review shows that FSM’s price is currently 14.97% off the SMA20 and 19.58% off the SMA50. The RSI metric on the 14-day chart is currently showing 66.20, and weekly volatility stands at 3.77%. When measured over the past 30 days, the indicator reaches 5.74%. Fortuna Mining Corp (NYSE:FSM)’s beta value is currently sitting at 1.28, while the Average True Range indicator is currently displaying 0.27. With analysts defining $6.5-$6.5 as the low and high price targets, we arrive at a consensus price target of $6.5 for the trailing 12-month period. The current price is about -10.92% off the estimated low and -10.92% off the forecast high, based on this estimate. Investors will be thrilled if FSM’s share price rises to $6.5, which is the median consensus price. At that level, FSM’s share price would be -10.92% below current price.
To see how Fortuna Mining Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: FSM stock’s performance was -0.00% at last check in today’s session, and 66.95% in the past year. Fortuna Mining Corp has a P/E ratio of 14.51.
An evaluation of the daily trading volume of Fortuna Mining Corp (NYSE:FSM) indicates that the 3-month average is 14.06 million. However, this figure has increased over the past 10 days to an average of 16.28.
Currently, records show that 306.93 million of the company’s shares remain outstanding. The insiders hold 1.22% of outstanding shares, whereas institutions hold 59.23%. The stats also highlight that short interest as of 2025-02-28, stood at 18.11 million shares, resulting in a short ratio of 1.15 at that time. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 12.8 million. However, since the stock’s price has seen 36.59% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
