<div id="readability-page-1"><p><span>Fortuna Mining (NYSE:FSM - Get Free Report) <span>TSE: FVI<span></span></span></span> was upgraded by research analysts at Wall Street Zen from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note issued to investors on Tuesday.</p><ul><li>Did You Miss the Gold Rush? Try These 2 Silver Stocks</li></ul><p>Other research analysts also recently issued research reports about the stock. National Bankshares upgraded shares of Fortuna Mining from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating in a research note on Monday, November 24th. Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of Fortuna Mining in a research report on Monday, December 15th. Finally, Scotiabank upgraded shares of Fortuna Mining from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating and boosted their target price for the stock from $10.50 to $11.00 in a research note on Monday, November 24th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one  has assigned  a Sell rating to the company. Based on data from MarketBeat, Fortuna Mining  has an average rating of &#34;Hold&#34; and an average target price of $9.50.</p><div><p><span></span><span>Get <strong>Fortuna Mining</strong> alerts:</span></p></div><p><b>Read Our Latest Research Report on Fortuna Mining</b></p><h2>Fortuna Mining Stock Performance</h2><ul><li>Is silver more precious in 2024 as gold loses luster?</li></ul><p>NYSE FSM opened at $10.16 on Tuesday. The stock has a market cap of $3.12 billion, a PE ratio of 14.12 and a beta of 0.95. The company has a current ratio of 3.30, a quick ratio of 2.73 and a debt-to-equity ratio of 0.11. Fortuna Mining has a twelve month low of $4.13 and a twelve month high of $10.38. The stock has a fifty day simple moving average of $8.90 and a 200-day simple moving average of $7.90. </p><p>Fortuna Mining (NYSE:FSM - Get Free Report) <span>TSE: FVI<span></span></span> last posted its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.08). The company had revenue of $246.75 million for the quarter, compared to analysts' expectations of $242.19 million. Fortuna Mining had a return on equity of 12.42% and a net margin of 21.48%. Equities analysts anticipate that  Fortuna Mining will post 0.51 earnings per share for the current year. </p><h2>Institutional Trading of Fortuna Mining</h2><p>Institutional investors and hedge funds have recently made changes to their positions in the company. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in  Fortuna Mining by 155.8% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 359,407 shares of the basic materials company's stock valued at $2,186,000 after buying an additional 218,912 shares during the period.  Campbell &amp; CO Investment Adviser LLC boosted its holdings in shares of  Fortuna Mining by 53.2% in the first quarter. Campbell &amp; CO Investment Adviser LLC now owns 269,473 shares of the basic materials company's stock valued at $1,644,000 after acquiring an additional 93,563 shares in the last quarter.  Virtus Advisers LLC acquired a new position in shares of  Fortuna Mining during the first quarter worth about $58,000.  FORA Capital LLC purchased a new position in  Fortuna Mining during the first quarter worth about $85,000.  Finally, OMERS ADMINISTRATION Corp acquired a new stake in  Fortuna Mining in the first quarter valued at about $176,000. 33.80% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Fortuna Mining</h2> (Get Free Report)<p>Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire. The company was formerly known as Fortuna Silver Mines Inc and changed its name to Fortuna Mining Corp.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Fortuna Mining</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>The Last Gold Bull Market </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZTTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZTTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fortuna Mining Right Now?</h2><p>Before you consider Fortuna Mining, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fortuna Mining wasn't on the list.</p><p>While Fortuna Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wall Street Zen upgraded Fortuna Mining's stock rating from "hold" to "buy." Other analysts also upgraded the stock, with National Bankshares and Scotiabank raising their ratings to "outperform." Fortuna Mining's stock opened at $10.16, with a market cap of $3.12 billion. Institutional investors have increased their stakes in the company. Fortuna Mining operates in several countries, focusing on precious and base metals, with its flagship project in Côte d'Ivoire.</p>

Fortuna Mining (NYSE:FSM) Stock Rating Upgraded by Wall Street Zen