The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 18.18%. However, over the last six months, the performance has been weaker by 4.97%. The price of FSM increased 20.43% over the last 30 days. And in the last five days, it has surged by 13.42%.
Fortuna Mining Corp saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $6.36 on 05/28/24, while the lowest price for the same duration was marked at $2.63 on 02/28/24.
52-week price history of FSM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Fortuna Mining Corp’s current trading price is -20.28% away from its 52-week high, while its distance from the 52-week low is 92.78%. The stock’s price range during this period has varied between$2.63 and $6.36. The Fortuna Mining Corp’s shares, which operate in the Basic Materials, saw a trading volume of around 20.26 million for the day, a figure considerably higher than their average daily volume of 9.29 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fortuna Mining Corp (FSM) has experienced a quarterly decline of -3.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.59B and boasts a workforce of 5185 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.71, with a change in price of +0.91. Similarly, Fortuna Mining Corp recorded 8,762,841 in trading volume during the last 100 days, posting a change of +21.88%.
FSM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FSM stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.12.
FSM Stock Stochastic Average
Fortuna Mining Corp’s raw stochastic average for the past 50 days is presently 77.28%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 94.62%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.88% and 80.51%, respectively.
