Fortuna Mining Corp (NYSE:FSM) traded at $6.12 at close of the session on Friday, March 28 and made a downward move of -1.92% on its previous day’s price.
Looking at the stock we see that its previous close was $6.24 and the beta (5Y monthly) reads 1.562 with the day’s price range being $6.075 – $6.42. The company has a trailing 12-month PE ratio of 15.15. In terms of its 52-week price range, FSM has a high of $6.50 and a low of $3.63. The company’s stock has gained about 41.34% over that past 30 days.
Fortuna Mining Corp has a market cap of $1.88 billion and is expected to release its quarterly earnings report on 2025-Mar-04.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 267M, with a low of 267M and a high of 267M. The median projection represents growth squeezing down to 18.69% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 1.05B, or -0.69% down from figures reported last year.
On the other hand, looking at the outlook for the FSM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 4 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Fortuna Mining Corp (FSM) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the FSM stock currently stands at 2.45, and the current price level is 12.35% off its SMA20 and 21.42% from its 50-day simple moving average. The RSI (14) is pointing at 67.45 while the volatility over the past week is 6.01% and jumps to 5.68% over the past one month. The beta value is 1.26, while the average true range (ATR) is currently pointing at 0.31. The average price target for the stock over the next 12 months is $6.5, with the estimates having a low of $6.5 and a high of $6.5. These price ends are -6.21% and -6.21% off the current price level respectively, although investors could be excited at the prospect of a -6.21% if the FSM share price touches on the median price of $6.5.
Coming back to Fortuna Mining Corp (NYSE:FSM), we note that the average 3-month trading volume was 14.53 million, while that of the preceding 10-day period stands at 14.77 million. Current shares outstanding are 306.93 million.
The insiders hold 1.28% of the company’s shares while institutions hold 59.22%. The data shows that short shares as of 2025-03-14, stood at 18.22 million at a short ratio of 1.02. Shares short rose in March from the previous month at 15.51 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 42.66% up in year-to-date price movement.
