The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $6.61 in the prior trading day, Fortuna Mining Corp (NYSE: FSM) closed at $6.47, down -2.12%. In other words, the price has decreased by -$2.12% from its previous closing price. On the day, 13.9 million shares were traded. FSM stock price reached its highest trading level at $6.54 during the session, while it also had its lowest trading level at $6.33.
Ratios:
Our goal is to gain a better understanding of FSM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 0.14 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 1987351040 and an Enterprise Value of 1943016064. As of this moment, Fortuna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.72, and their Forward P/E ratio for the next fiscal year is 8.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 1.688 whereas that against EBITDA is 3.721.
Stock Price History:
The Beta on a monthly basis for FSM is 0.93, which has changed by 0.32581973 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, FSM has reached a high of $7.55, while it has fallen to a 52-week low of $3.86. The 50-Day Moving Average of the stock is 3.79%, while the 200-Day Moving Average is calculated to be 23.69%.
Shares Statistics:
The stock has traded on average 16.55M shares per day over the past 3-months and 15248740 shares per day over the last 10 days, according to various share statistics. A total of 306.96M shares are outstanding, with a floating share count of 303.70M. Insiders hold about 1.06% of the company’s shares, while institutions hold 65.11% stake in the company. Shares short for FSM as of 1748563200 were 17543704 with a Short Ratio of 1.06, compared to 1745971200 on 18171659.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
