Fortuna Mining Corp (NYSE: FSM) kicked off on Friday, up 3.69% from the previous trading day, before settling in for the closing price of $9.76. Over the past 52 weeks, FSM has traded in a range of $4.13-$9.81.
A company in the Basic Materials sector has jumped its sales by 22.93% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 64.78%. With a float of $304.40 million, this company’s outstanding shares have now reached $306.96 million.
Fortuna Mining Corp (FSM) Insider and Institutional Ownership
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 0.86%, while institutional ownership is 75.20%.
Fortuna Mining Corp (FSM) Latest Financial update
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.12 earnings per share (EPS), lower than consensus estimate (set at 0.19) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 64.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.84% 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
Take a look at Fortuna Mining Corp’s (FSM) current performance indicators. Last quarter, stock had a quick ratio of 2.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.89. Likewise, its price to free cash flow for the trailing twelve months is 11.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.74, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.21 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 8.09 million. That was inferior than the volume of 15.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 98.13%.
During the past 100 days, Fortuna Mining Corp’s (FSM) raw stochastic average was set at 98.63%, which indicates a significant increase from 97.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.42 in the past 14 days, which was higher than the 0.35 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.60, while its 200-day Moving Average is $6.90. However, in the short run, Fortuna Mining Corp’s stock first resistance to watch stands at $10.27. Second resistance stands at $10.41. The third major resistance level sits at $10.65. If the price goes on to break the first support level at $9.88, it is likely to go to the next support level at $9.65. The third support level lies at $9.50 if the price breaches the second support level.
Fortuna Mining Corp (NYSE: FSM) Key Stats
The company with the Market Capitalisation of 3.11 billion has total of 306,960K Shares Outstanding. Its annual sales at the moment are 1,062 M in contrast with the sum of 128,740 K annual income. Company’s last quarter sales were recorded 251,360 K and last quarter income was 123,590 K.
