Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Fortuna Mining Corp’s current trading price is -2.43% away from its 52-week high, while its distance from the 52-week low is 71.37%. The stock’s price range during this period has varied between $3.86 and $6.78. The company, active in the Basic Materials sector, saw a trading volume of around 21.36 million for the day, considerably higher average daily volume of 15.88 million observed over the last three months.
Fortuna Mining Corp’s stock has seen a smooth market performance.
How Financial Performance Impacts Market Capitalization
Fortuna Mining Corp (FSM) has experienced a quarterly rise of 54.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.03B and boasts a workforce of 4961 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How FSM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for FSM stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.12.
FSM Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 54.20% this year. Over the last six months, there has been a weaker performance of 36.67%. The price of FSM fallen by 11.18% during the last 30 days period. For the last 5-days stocks have improved 13.27%.
