In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Fortuna Mining Corp (NYSE: FSM) closed the day trading at $9.26 down -0.43% from the previous closing price of $9.3. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 6.53 million shares were traded. FSM stock price reached its highest trading level at $9.63 during the session, while it also had its lowest trading level at $9.21.
Ratios:
For a better understanding of FSM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.96. For the most recent quarter (mrq), Quick Ratio is recorded 2.73 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSM now has a Market Capitalization of 2846836480 and an Enterprise Value of 2664047360. As of this moment, Fortuna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.51, and their Forward P/E ratio for the next fiscal year is 7.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 2.12 whereas that against EBITDA is 4.263.
Stock Price History:
The Beta on a monthly basis for FSM is 0.90, which has changed by 0.8300395 over the last 52 weeks, in comparison to a change of 0.13506866 over the same period for the S&P500. Over the past 52 weeks, FSM has reached a high of $10.38, while it has fallen to a 52-week low of $4.13. The 50-Day Moving Average of the stock is 6.26%, while the 200-Day Moving Average is calculated to be 32.08%.
Shares Statistics:
Over the past 3-months, FSM traded about 16.20M shares per day on average, while over the past 10 days, FSM traded about 7146120 shares per day. A total of 306.96M shares are outstanding, with a floating share count of 304.50M. Insiders hold about 0.83% of the company’s shares, while institutions hold 74.88% stake in the company. Shares short for FSM as of 1763078400 were 22029949 with a Short Ratio of 1.36, compared to 1760486400 on 22973352.
Earnings Estimates
. The current assessment of Fortuna Mining Corp (FSM) involves the perspectives of 3.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.32, with high estimates of $0.36 and low estimates of $0.28.
Analysts are recommending an EPS of between $0.77 and $0.72 for the fiscal current year, implying an average EPS of $0.75. EPS for the following year is $1.21, with 4.0 analysts recommending between $1.56 and $1.09.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for FSM’s current fiscal year. The highest revenue estimate was $1.06B, while the lowest revenue estimate was $1.04B, resulting in an average revenue estimate of $1.05B. In the same quarter a year ago, actual revenue was $1.06BBased on 3 analysts’ estimates, the company’s revenue will be $1.22B in the next fiscal year. The high estimate is $1.31B and the low estimate is $1.17B.
