Currently, there are 306.93M common shares owned by the public and among those 302.03M shares have been available to trade.
The company’s stock has a 5-day price change of -2.62% and 48.47% over the past three months. FSM shares are trading 47.09% year to date (YTD), with the 12-month market performance up to 38.07% higher. It has a 12-month low price of $3.86 and touched a high of $6.76 over the same period. FSM has an average intraday trading volume of 15.97 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 3.74%, 15.79%, and 28.48% respectively.
Institutional ownership of Fortuna Mining Corp (NYSE: FSM) shares accounts for 59.07% of the company’s 306.93M shares outstanding.
It has a market capitalization of $1.93B and a beta (3y monthly) value of 1.03. The stock’s trailing 12-month PE ratio is 15.62, while the earnings-per-share (ttm) stands at $0.40. The company has a PEG of 2.15 and a Quick Ratio of 1.37 with the debt-to-equity ratio at 0.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.29% over the week and 7.11% over the month.
Analysts forecast that Fortuna Mining Corp (FSM) will achieve an EPS of 0.22 for the current quarter, 0.2 for the next quarter and 0.68 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.2 while analysts give the company a high EPS estimate of 0.2. Comparatively, EPS for the current quarter was 0.1 a year ago. Earnings per share for the fiscal year are expected to increase by 63.43%, and -3.38% over the next financial year. EPS should shrink at an annualized rate of 7.25% over the next five years, compared to 22.93% over the past 5-year period.
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.
