Fortuna Mining Corp (FSM) has a current stock price of $6.72. During the previous trading session, the stock witnessed a notable rise, reaching a high of $7.0 after opening at $6.67. The stock’s low for the day was $7.0, and it eventually closed at $6.29.
Fortuna Mining Corp’s stock market performance has been consistent.
52-week price history of FSM Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Fortuna Mining Corp’s current trading price is -11.06% away from its 52-week high, while its distance from the 52-week low is 73.96%. The stock’s price range during this period has fluctuated between $3.86 and $7.55. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 6.63 million for the day, which was evidently lower than the average daily volume of 15.7 million over the last three months.
Financial Performance and Market Capitalization
Fortuna Mining Corp (FSM) has experienced a quarterly rise of 5.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.06B and boasts a workforce of 4961 employees.
Analysts’ Ratings For Fortuna Mining Corp
As of right now, 2 analysts are rating Fortuna Mining Corp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.05, with a change in price of +2.34. Similarly, Fortuna Mining Corp recorded 15,838,961 in trading volume during the last 100 days, posting a change of +53.54%.
FSM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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 Stochastic Average
Fortuna Mining Corp’s raw stochastic average for the past 50 days is currently at 63.78%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 64.84%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 32.87% and 30.26%, respectively.
FSM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 29.13% this year. Over the last six months, there has been a weaker performance of 56.16%. The price of FSM leaped by -0.52% during the last 30 days period. For the last 5-days stocks have improved 2.05%.
