On Monday, Fortuna Mining Corp. (NYSE: FSM) was 1.01% jump from the session beforebefore settling in for the closing price of $4.94. A 52-week range for FSM has been $2.58 – $6.36.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 31.63%. When this article was written, the company’s average yearly earnings per share was at 111.08%. With a float of $309.57 million, this company’s outstanding shares have now reached $313.33 million.
Considering the fact that the conglomerate employs 5185 people, you should pay attention to its efficiency factor. 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 1.20%, while institutional ownership is 50.48%.
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 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 111.08% 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 1.57. Likewise, its price to free cash flow for the trailing twelve months is 10.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.54 in one year’s time.
Technical Analysis of Fortuna Mining Corp. (FSM)
Compared to the last year’s volume of 6.05 million, its volume of 7.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 95.91%. Additionally, its Average True Range was 0.19.
During the past 100 days, Fortuna Mining Corp.’s (FSM) raw stochastic average was set at 45.20%, which indicates a significant decrease from 95.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.95% in the past 14 days, which was higher than the 52.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.70, while its 200-day Moving Average is $4.26. Nevertheless, the first resistance level for the watch stands at $5.04 in the near term. At $5.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.14. If the price goes on to break the first support level at $4.93, it is likely to go to the next support level at $4.88. Should the price break the second support level, the third support level stands at $4.83.
Fortuna Mining Corp. (NYSE: FSM) Key Stats
There are 306,114K outstanding shares of the company, which has a market capitalization of 1.56 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.
