How does Fortuna Mining Corp (FSM) change from a tortoise to a hare?

With 4.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.07 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $4.3799 whereas the lowest price it dropped to was $4.31. The 52-week range on FSM shows that it touched its highest point at $6.36 and its lowest point at $2.63 during that stretch. It currently has a 1-year price target of $5.94. Beta for the stock currently stands at 1.54.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FSM was down-trending over the past week, with a drop of -2.61%, but this was down by -9.86% over a month. Three-month performance dropped to -10.40% while six-month performance fell -8.20%. The stock gained 13.13% in the past year, while it has gained 16.06% so far this year. A look at the trailing 12-month EPS for FSM yields 0.07 with Next year EPS estimates of 0.76. For the next quarter, that number is 0.21. This implies an EPS growth rate of 160.29% for this year and 32.95% for next year.

Float and Shares Shorts:

At present, 313.33 million FSM shares are outstanding with a float of 309.59 million shares on hand for trading. On 2024-11-29, short shares totaled 14.28 million, which was 456.00000000000006 higher than short shares on 1730332800. In addition to Mr. Jorge A. Ganoza Durant B.Sc., Eng as the firm’s Co-Founder, President, CEO & Director, Mr. Mario D. Szotlender serves as its Co-Founder & Director.

Institutional Ownership:

Through their ownership of 0.65395 of FSM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FSM reported revenue of $274921000.0 and operating income of $69244000.0. The EBITDA in the recently reported quarter was $130096000.0 and diluted EPS was $0.16.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FSM since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FSM analysts setting a high price target of 6.75 and a low target of 6.75, the average target price over the next 12 months is 6.75. Based on these targets, FSM could surge 54.82% to reach the target high and rise by 54.82% to reach the target low. Reaching the average price target will result in a growth of 54.82% from current levels.

Analysts have provided yearly estimates in a range of $0.6226 being high and $0.49338 being low. For FSM, this leads to a yearly average estimate of $0.56386. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.19.