Are Analysts Too Bullish On Fortuna Mining Corp (FSM)

Fortuna Mining Corp (NYSE:FSM) currently has a daily average trading volume of 15.30M but it saw 17232555 shares traded in last market. With a market cap of 1.76B USD, the company’s current market price of $5.75 came rising about 10.79 while comparing to the previous closing price of $5.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.50 and as low as $3.86. In the recent trading on the day, stock has struck highest price mark of $5.32 while lowest mark touched by it was $5.86.

Taking a look at 20-day trading activity of Fortuna Mining Corp (FSM) gives us an average price of $5.87, while its current price level is -11.54% below from 52-week high level whereas it is 48.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.27 while that of 200 days or SMA-200 reads an average of $4.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.39% during that period while stretching the period over a month that decreases to 6.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.27 which implies that the stock is in neutral territory.

Over the week, FSM’s stock price is moving -7.85% down while it is 13.19% when we observe its performance for the past one month. Year-to-date it is 34.03% up and over the past year, the stock is showing an upside performance of 22.86%.

The company is expected to be releasing its next quarterly report on 2025-Mar-04, for which analysts forecasted an EPS of 0.17 while estimate for next year EPS is 0.76.

Currently, Fortuna Mining Corp’s total number of outstanding shares is 306.93M with 0.82% of that held by the insiders while 62.38% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.16% and return on equity (ROE) at 9.74%. It has a price to earnings ratio (P/E ratio) of 14.24 while having a 8.12 of forward P/E ratio. Stock’s beta reads 1.13. Stock has a price to book (P/B) ratio of 1.26 while price to sale or P/S ratio amounts to 1.66. Its return on asset (ROA) is 6.22% on average.