Fortuna Mining (FSM) Increases Despite Market Slip: Here's What You Need to Know

Group 1 - Fortuna Mining's stock closed at $4.46, reflecting a +0.9% change, outperforming the S&P 500's 0.5% loss on the same day [1] - Over the past month, Fortuna Mining's shares have decreased by 1.12%, while the Basic Materials sector gained 0.72% [1] - The upcoming earnings report is scheduled for March 5, 2025, with projected EPS of$ 0.16, indicating a 128.57% increase year-over-year [2] Group 2 - Recent changes in analyst estimates for Fortuna Mining are crucial as they indicate the company's business trends and profit potential [3] - The Zacks Rank system, which evaluates stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Fortuna Mining at 2 (Buy) [5] - The Zacks Consensus EPS estimate for Fortuna Mining has increased by 1.59% in the past month [5] Group 3 - Fortuna Mining has a Forward P/E ratio of 6.91, which is lower than the industry average of 12.03, indicating a valuation discount [6] - The Mining - Miscellaneous industry, to which Fortuna Mining belongs, ranks in the bottom 28% of over 250 industries according to the Zacks Industry Rank [6][7]