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 $4.83, up 0.21% from the previous day, and has increased 80.9% in one year. It has overperformed other stocks in the Gold industry by 0.46 percentage points. Fortuna Mining stock is currently +83.65% from its 52-week low of $2.63, and -24.06% from its 52-week high of $6.36.
At the moment, there are 306.11M FSM shares outstanding. The market capitalization of FSM is $1.48B. In the last 24 hours, 6.21M 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.
- Enter your personal data to open your new brokerage account.
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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/B ratio of 1.11x, relative to Gold industry P/B ratio of 2.02x
You can access additional valuation research on FSM's stock here.
FSM Financial Health
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the FSM balance sheet.
- There are more short-term assets than short-term liabilities on the FSM balance sheet.
- FSM profit margin has gone up from -22.6% to 0.9% in the past year.
- FSM's operating cash flow of $387.23M allows it to safely service it's debt of $224.12M.
Negative Health Checks:
- FSM has a relatively high debt to equity ratio of 0.48.
- Total FSM debt is higher than 5 years ago, relative to shareholder equity.
- FSM earnings of $83.82M is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy FSM stock
Out of 1 sell side analysts who give forecasts on FSM, the consensus analyst rating on Fortuna Mining is a Hold
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Fortuna Mining stock forecast page.
FSM Momentum
How is FSM performing as a company?
Last year, FSM earnings were $9.24M. During the past five year, FSM's earnings have grown by -100% per year. This was slower than the Gold industry average of 3.71%.
Last year, FSM revenue was $993.29M. During the past five year, FSM's revenue has grown by 32.19% per year. This was faster than the Gold industry average of 14.51%.
Dig into FSM's earnings and revenue performance here.
Who is buying/selling FSM?
In the past 12 months, executives and large shareholders at FSM have not bought or sold any shares.
Get more info about who owns FSM shares here.
Can I rely on FSM as an income stream?
No, Fortuna Mining doesn't provide an income stream by paying out dividends.
FSM Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your FSM purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open button and eToro will execute your order.
If you require additional help buying stocks on eToro, watch 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 stock purchase.
Make a watchlist to get the latest updates about your FSM stock.
FSM Feed
How to Buy Stock in Fortuna Mining
To reiterate, here are the 6 steps you need to take to buy Fortuna Mining stock right now:
- 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 require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Fortuna Mining, create your watchlist below.
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