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Fortuna Mining Corp (FSM) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Fri May 8, 9:01AM CDT

In a report released today, Eric Winmill from Scotiabank maintained a Buy rating on Fortuna Mining Corp, with a price target of $14.00.

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According to TipRanks, Winmill is a top 100 analyst with an average return of 53.2% and a 69.71% success rate. Winmill covers the Basic Materials sector, focusing on stocks such as Blue Moon Metals, Fortuna Mining Corp, and Dakota Gold Corp.

Currently, the analyst consensus on Fortuna Mining Corp is a Moderate Buy with an average price target of $14.00.

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FSM market cap is currently C$4.1B and has a P/E ratio of 10.83.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FSM in relation to earlier this year.

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