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.
As of close of business last night, Fortuna Mining Corp’s stock clocked out at $5.05, up 8.14% from its previous closing price of $4.67. In other words, the price has increased by $8.14 from its previous closing price. On the day, 17.44 million shares were traded. FSM stock price reached its highest trading level at $5.12 during the session, while it also had its lowest trading level at $4.7995.
Ratios:
To gain a deeper understanding of FSM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.60. 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 1582321664 and an Enterprise Value of 1649120640. As of this moment, Fortuna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.37, and their Forward P/E ratio for the next fiscal year is 6.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 1.609 whereas that against EBITDA is 3.818.
Stock Price History:
The Beta on a monthly basis for FSM is 1.55, which has changed by 0.48253965 over the last 52 weeks, in comparison to a change of 0.21794415 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 9.70%, while the 200-Day Moving Average is calculated to be 4.57%.
Shares Statistics:
It appears that FSM traded 9.11M shares on average per day over the past three months and 12086810 shares per day 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 60.10% stake in the company. Shares short for FSM as of 1736899200 were 13258136 with a Short Ratio of 1.42, compared to 1734048000 on 13823568.