Currently, there are 313.33M common shares owned by the public and among those 309.59M shares have been available to trade.
The company’s stock has a 5-day price change of -13.40% and -7.66% over the past three months. FSM shares are trading 3.96% year to date (YTD), with the 12-month market performance up to 59.86% 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 11.23 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 -10.20%, -4.45%, and -8.27% respectively.
Institutional ownership of Fortuna Mining Corp (NYSE: FSM) shares accounts for 57.81% of the company’s 313.33M shares outstanding.
It has a market capitalization of $1.40B and a beta (3y monthly) value of 1.49. The stock’s trailing 12-month PE ratio is 61.26, while the earnings-per-share (ttm) stands at $0.07. The company has a PEG of 1.48 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 7.24% over the week and 4.97% over the month.
Earnings per share for the fiscal year are expected to increase by 133.94%, and 52.66% over the next financial year.
Scotiabank coverage for the Fortuna Mining Corp (FSM) stock in a research note released on May 30, 2023 offered a Sector Perform rating with a price target of $4.25. BMO Capital Markets on their part issued Market Perform rating on November 12, 2021.
