Fortuna Mining Corp (FSM) Shares on the Decline: Short-term Analysis

Fortuna Mining Corp [FSM] stock is trading at $6.10, down -0.16%. 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 1.67% over the last week, with a monthly amount glided 39.59%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Fortuna Mining Corp [NYSE: FSM] stock has seen the most recent analyst activity on February 18, 2025, when CIBC downgraded its rating to a Sector Underperform. On January 18, 2022, upgrade upgraded it’s rating to Buy. Canaccord Genuity downgraded its rating to a Sell. BMO Capital Markets downgraded its rating to a Market Perform. Scotiabank downgraded its rating to Sector Perform for this stock on April 02, 2020. In a note dated March 05, 2019, CIBC downgraded an Neutral rating on this stock.

Fortuna Mining Corp [FSM] stock has fluctuated between $3.46 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 $6.10 at the most recent close of the market. An investor can expect a potential return of 6.56% based on the average FSM price forecast.

Analyzing the FSM fundamentals

Fortuna Mining Corp [NYSE:FSM] reported sales of 1.06B for the trailing twelve months, which represents a growth of 14.35%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.

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 5.85 points at the first support level, and at 5.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.30, and for the 2nd resistance point, it is at 6.50.

Ratios To Look Out For

For context, Fortuna Mining Corp’s Current Ratio is 1.90. Also, the Quick Ratio is 1.37, while the Cash Ratio stands at 0.9. Considering the valuation of this stock, the price to sales ratio is 1.76, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 15.10.

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