Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Fortuna Mining Corp (NYSE: FSM) closed at $4.30 down -3.80% from its previous closing price of $4.47. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 9.89 million shares were traded. FSM stock price reached its highest trading level at $4.5412 during the session, while it also had its lowest trading level at $4.29.
Ratios:
For a deeper understanding of Fortuna Mining Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.94. 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 1401507712 and an Enterprise Value of 1414122624. As of this moment, Fortuna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.07, and their Forward P/E ratio for the next fiscal year is 5.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 1.379 whereas that against EBITDA is 3.274.
Stock Price History:
The Beta on a monthly basis for FSM is 1.54, which has changed by 0.42384112 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, FSM has reached a high of $6.36, while it has fallen to a 52-week low of $2.63. The 50-Day Moving Average of the stock is -7.32%, while the 200-Day Moving Average is calculated to be -11.06%.
Shares Statistics:
For the past three months, FSM has traded an average of 8.49M shares per day and 10246030 over the past ten days. A total of 313.33M shares are outstanding, with a floating share count of 309.59M. Insiders hold about 1.20% of the company’s shares, while institutions hold 57.68% stake in the company. Shares short for FSM as of 1735603200 were 12975780 with a Short Ratio of 1.63, compared to 1732838400 on 14275346.
