On Monday, Fortuna Mining Corp (NYSE: FSM) opened higher 1.59% from the last session, before settling in for the closing price of $5.66. Price fluctuations for FSM have ranged from $3.23 to $6.36 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 37.67% over the last five years. Company’s average yearly earnings per share was noted 59.33% at the time writing. With a float of $302.78 million, this company’s outstanding shares have now reached $306.93 million.
The firm has a total of 5185 workers. Let’s measure their productivity. 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 Activity
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Fortuna Mining Corp is 1.22%, while institutional ownership is 59.23%.
Fortuna Mining Corp (FSM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.18% during the next five years compared to 22.93% growth over the previous five years of trading.
Fortuna Mining Corp (NYSE: FSM) Trading Performance Indicators
Check out the current performance indicators for Fortuna Mining Corp (FSM). In the past quarter, the stock posted a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.66. Likewise, its price to free cash flow for the trailing twelve months is 11.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.40, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.65 in one year’s time.
Technical Analysis of Fortuna Mining Corp (FSM)
Analysing the last 5-days average volume posted by the [Fortuna Mining Corp, FSM], we can find that recorded value of 17.01 million was better than the volume posted last year of 14.68 million. As of the previous 9 days, the stock’s Stochastic %D was 98.30%. Additionally, its Average True Range was 0.28.
During the past 100 days, Fortuna Mining Corp’s (FSM) raw stochastic average was set at 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.76% in the past 14 days, which was higher than the 54.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.75, while its 200-day Moving Average is $4.81. Now, the first resistance to watch is $5.79. This is followed by the second major resistance level at $5.83. The third major resistance level sits at $5.92. If the price goes on to break the first support level at $5.67, it is likely to go to the next support level at $5.58. Should the price break the second support level, the third support level stands at $5.54.
Fortuna Mining Corp (NYSE: FSM) Key Stats
There are currently 306,528K shares outstanding in the company with a market cap of 1.76 billion. Presently, the company’s annual sales total 1,062 M according to its annual income of 128,740 K. Last quarter, the company’s sales amounted to 302,200 K and its income totaled 11,300 K.
