How to Buy Fortuna Mining Stock
Fortuna Mining Corp
Fortuna Mining is a gold company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker FSM on the NYSE exchange.
Fortuna Mining stock last closed at $6.25, up 2.97% from the previous day, and has increased 37.67% in one year. It has underperformed other stocks in the Gold industry by 0.09 percentage points. Fortuna Mining stock is currently +61.92% from its 52-week low of $3.86, and -7.82% from its 52-week high of $6.78.
At the moment, there are 306.59M FSM shares outstanding. The market capitalization of FSM is $1.92B. In the last 24 hours, 17.84M FSM shares were traded.
How to Buy Fortuna Mining Stock
Wondering how to invest in Fortuna Mining stock? Here's how.
- Figure out where to buy Fortuna Mining stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Fortuna Mining stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Research Fortuna Mining stock: The Fortuna Mining ticker symbol is FSM. Is Fortuna Mining stock a good investment? Should you buy shares of FSM? How do FSM's underlying business fundamentals look? Do top analysts think Fortuna Mining is a good buy? Why has FSM's stock price moved recently? (Hint: Our stock market research website can help you figure out if FSM is a good stock to buy).
- Place your FSM purchase: Decide if you will purchase FSM shares at the current market price or use a limit order to buy FSM stock at a given price.
- Monitor your investment in FSM: Create a watchlist to keep track of your investment in Fortuna Mining shares.
Step 1: Figure out where to buy Fortuna Mining stock
You will need an online brokerage account in order to access the NYSE market and buy FSM shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can buy FSM today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best stock trading app, you need to deposit funds:
Check out the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Research Fortuna Mining stock
After you have selected the best place to buy Fortuna Mining stock, it's crucial to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.
Fortuna Mining Numbers
Fortuna Mining Fundamentals
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on FSM's stock page.
Is FSM stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge FSM's intrinsic value.
Using relative valuations ratios:
- FSM may be undervalued based on its P/E ratio of 14.88x, relative to Gold industry P/E ratio of 34.31x
- FSM could be undervalued based on its P/B ratio of 1.36x, relative to Gold industry P/B ratio of 2.36x
- FSM could be undervalued based on its PEG ratio of 0.93x
You can do more valuation research on FSM's stock here.
How do FSM Financials look?
Positive Health Checks:
- FSM profit margin has gone up from -6% to 12.1% in the past year.
- FSM's operating cash flow of $419.54M allows it to safely service it's debt of $194.01M.
- There are more short-term assets than long-term liabilities on the FSM balance sheet.
- FSM earnings of $224.59M is not sufficient to cover its interest payments.
- Total FSM debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the FSM balance sheet.
Negative Health Checks:
- FSM has a relatively high debt to equity ratio of 0.46.
Is Fortuna Mining stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who track FSM, the consensus analyst rating on FSM is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Fortuna Mining stock forecast page.
FSM Trading Indicators
Is FSM Making Money?
Last year, FSM earnings were $128.74M. During the past five year, FSM's earnings have grown by 22.87% per year. This was faster than the Gold industry average of 12.2%.
Last year, FSM revenue was $1.06B. During the past 5 year, FSM's revenue has gone up by 32.79% per year. This was faster than the Gold industry average of 17.44%.
Dive into FSM's earnings and revenue performance here.
Are FSM executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at FSM have not bought or sold any shares.
Get more info about who owns FSM stock here.
Does FSM provide a stable income stream?
No, Fortuna Mining doesn't provide an income stream by paying out dividends.
FSM Social Trading Data
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Step 5: Place your FSM purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will place the order.
If you need more info about buying stocks on eToro, click the how to video below:
Step 6: Monitor your investment in FSM
Now that you own some shares in FSM, you'll want to stay up-to-date on your new shares.
Create a watchlist to keep track of your FSM stock.
FSM Feed
How to Buy Stock in Fortuna Mining
To summarize, here are the 6 steps to buy stock in Fortuna Mining:
- Figure out where to buy Fortuna Mining stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Fortuna Mining stock
- Place your FSM purchase
- Monitor your investment in FSM
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Fortuna Mining, hit the button below to create your watchlist.
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