Currently, there are 313.33M common shares owned by the public and among those 309.52M shares have been available to trade.
The company’s stock has a 5-day price change of -0.19% and 12.20% over the past three months. FSM shares are trading 20.05% year to date (YTD), with the 12-month market performance up to 87.96% higher. It has a 12-month low price of $2.63 and touched a high of $6.36 over the same period. FSM has an average intraday trading volume of 10.56 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.03%, 9.61%, and 5.89% respectively.
Institutional ownership of Fortuna Mining Corp (NYSE: FSM) shares accounts for 57.67% of the company’s 313.33M shares outstanding.
It has a market capitalization of $1.61B and a beta (3y monthly) value of 1.48. The stock’s trailing 12-month PE ratio is 70.74, while the earnings-per-share (ttm) stands at $0.07. The company has a PEG of 1.70 and a Quick Ratio of 1.37 with the debt-to-equity ratio at 0.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.97% over the week and 4.29% over the month.
Earnings per share for the fiscal year are expected to increase by 147.67%, and 49.09% over the next financial year.
Looking at the support for the FSM, a number of firms have released research notes about the stock. Scotiabank stated their Sector Perform rating for the stock in a research note on May 30, 2023, with the firm’s price target at $4.25. Scotiabank on their part issued Sector Perform rating on April 02, 2020.
