A new trading day began on Monday, with Fortuna Mining Corp (NYSE: FSM) stock price up 7.20% from the previous day of trading, before settling in for the closing price of $4.72. FSM’s price has ranged from $2.63 to $6.36 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Basic Materials sector company grew by 31.63% over the past five years. Meanwhile, its annual earnings per share averaged 160.29%. With a float of $309.59 million, this company’s outstanding shares have now reached $313.33 million.
Let’s look at the performance matrix of the company that is accounted for 5185 employees. In terms of profitability, gross margin is 27.78%, operating margin of 20.62%, and the pretax margin is 8.62%.
Fortuna Mining Corp (FSM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Fortuna Mining Corp is 1.20%, while institutional ownership is 58.48%.
Fortuna Mining Corp (FSM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 160.29% per share during the next fiscal year.
Fortuna Mining Corp (NYSE: FSM) Trading Performance Indicators
Here are Fortuna Mining Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 12.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.07, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.74 in one year’s time.
Technical Analysis of Fortuna Mining Corp (FSM)
Fortuna Mining Corp (NYSE: FSM) saw its 5-day average volume 10.96 million, a positive change from its year-to-date volume of 6.5 million. As of the previous 9 days, the stock’s Stochastic %D was 56.96%. Additionally, its Average True Range was 0.25.
During the past 100 days, Fortuna Mining Corp’s (FSM) raw stochastic average was set at 72.29%, which indicates a significant increase from 65.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.64% in the past 14 days, which was higher than the 52.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.84, while its 200-day Moving Average is $4.68. Nevertheless, the first resistance level for the watch stands at $5.28 in the near term. At $5.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.68. If the price goes on to break the first support level at $4.89, it is likely to go to the next support level at $4.72. Assuming the price breaks the second support level, the third support level stands at $4.49.
Fortuna Mining Corp (NYSE: FSM) Key Stats
With a market capitalization of 1.59 billion, the company has a total of 313,331K Shares Outstanding. Currently, annual sales are 842,430 K while annual income is -50,840 K. The company’s previous quarter sales were 274,920 K while its latest quarter income was 50,510 K.
