On Monday, Fortuna Mining Corp. (NYSE: FSM) was -0.82% drop from the session before settling in for the closing price of $4.85. A 52-week range for FSM has been $2.58 – $6.36.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 31.63%. When this article was written, the company’s average yearly earnings per share was at 121.92%. With a float of $302.35 million, this company’s outstanding shares have now reached $306.59 million.
Let’s determine the extent of company efficiency that accounts for 5185 employees. In terms of profitability, gross margin is 26.56%, operating margin of 18.88%, and the pretax margin is 5.69%.
Fortuna Mining Corp. (FSM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Fortuna Mining Corp. stocks. The insider ownership of Fortuna Mining Corp. is 1.23%, while institutional ownership is 51.94%.
Fortuna Mining Corp. (FSM) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.1 earnings per share (EPS) during the time that was better than consensus figure (set at 0.06) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 121.92% per share during the next fiscal year.
Fortuna Mining Corp. (NYSE: FSM) Trading Performance Indicators
You can see what Fortuna Mining Corp. (FSM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48. Likewise, its price to free cash flow for the trailing twelve months is 9.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.54 in one year’s time.
Technical Analysis of Fortuna Mining Corp. (FSM)
Looking closely at Fortuna Mining Corp. (NYSE: FSM), its last 5-days average volume was 5.79 million, which is a drop from its year-to-date volume of 6.09 million. As of the previous 9 days, the stock’s Stochastic %D was 75.15%. Additionally, its Average True Range was 0.21.
During the past 100 days, Fortuna Mining Corp.’s (FSM) raw stochastic average was set at 38.00%, which indicates a significant decrease from 79.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.80% in the past 14 days, which was lower than the 49.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.82, while its 200-day Moving Average is $4.19. However, in the short run, Fortuna Mining Corp.’s stock first resistance to watch stands at $4.90. Second resistance stands at $5.00. The third major resistance level sits at $5.07. If the price goes on to break the first support level at $4.73, it is likely to go to the next support level at $4.66. Should the price break the second support level, the third support level stands at $4.56.
Fortuna Mining Corp. (NYSE: FSM) Key Stats
There are 306,114K outstanding shares of the company, which has a market capitalization of 1.47 billion. As of now, sales total 842,430 K while income totals -50,840 K. Its latest quarter income was 259,970 K while its last quarter net income were 40,630 K.
