Fortuna Mining Corp [FSM] stock is trading at $4.86, up 3.85%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FSM shares have gain 8.00% over the last week, with a monthly amount drifted -5.63%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Canaccord Genuity upgraded its rating to Buy on January 18, 2022. On November 12, 2021, downgrade downgraded it’s rating to Sell. BMO Capital Markets downgraded its rating to a Market Perform. Scotiabank downgraded its rating to a Sector Perform. CIBC downgraded its rating to Neutral for this stock on March 05, 2019. In a note dated November 21, 2017, Raymond James downgraded an Outperform rating on this stock.
Fortuna Mining Corp [FSM] stock has fluctuated between $2.63 and $6.36 over the past year. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Fortuna Mining Corp [NYSE: FSM] shares were valued at $4.86 at the most recent close of the market. An investor can expect a potential return of 33.74% based on the average FSM price forecast.
Analyzing the FSM fundamentals
Fortuna Mining Corp [NYSE:FSM] reported sales of 1.03B for the trailing twelve months, which represents a growth of 12.66%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.80 points at the first support level, and at 4.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.95, and for the 2nd resistance point, it is at 5.03.
Ratios To Look Out For
For context, Fortuna Mining Corp’s Current Ratio is 1.94. Also, the Quick Ratio is 1.37, while the Cash Ratio stands at 0.81. Considering the valuation of this stock, the price to sales ratio is 2.08, the price to book ratio is 1.07 and price to earnings (TTM) ratio is 66.76.
