Fortuna Mining Corp (NYSE: FSM) kicked off on Friday, down -2.66% from the previous trading day, before settling in for the closing price of $4.51. Over the past 52 weeks, FSM has traded in a range of $2.63-$6.36.
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A company in the Basic Materials sector has jumped its sales by 40.69% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 156.64%. With a float of $309.59 million, this company’s outstanding shares have now reached $313.33 million.
In an organization with 5185 employees, it is important to assess its efficiency. 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
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Fortuna Mining Corp is 1.20%, while institutional ownership is 57.72%.
Fortuna Mining Corp (FSM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 156.64% per share during the next fiscal year.
Fortuna Mining Corp (NYSE: FSM) Trading Performance Indicators
Take a look at Fortuna Mining Corp’s (FSM) current performance indicators. Last quarter, 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 1.34. Likewise, its price to free cash flow for the trailing twelve months is 10.95.
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 0.76 in one year’s time.
Technical Analysis of Fortuna Mining Corp (FSM)
Let’s dig in a bit further. During the last 5-days, its volume was 10.01 million. That was inferior than the volume of 10.06 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.45%. Additionally, its Average True Range was 0.20.
During the past 100 days, Fortuna Mining Corp’s (FSM) raw stochastic average was set at 18.71%, which indicates a significant decrease from 49.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.07% in the past 14 days, which was lower than the 51.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.69, while its 200-day Moving Average is $4.82. However, in the short run, Fortuna Mining Corp’s stock first resistance to watch stands at $4.56. Second resistance stands at $4.73. The third major resistance level sits at $4.83. If the price goes on to break the first support level at $4.29, it is likely to go to the next support level at $4.20. Assuming the price breaks the second support level, the third support level stands at $4.03.
Fortuna Mining Corp (NYSE: FSM) Key Stats
The company with the Market Capitalisation of 1.38 billion has total of 307,028K Shares Outstanding. Its annual sales at the moment are 842,430 K in contrast with the sum of -50,840 K annual income. Company’s last quarter sales were recorded 274,920 K and last quarter income was 50,510 K.
