Fortuna Mining Corp has a consensus price target of $5.75 based on the ratings of 3 analysts. The high is $6.5 issued by Scotiabank on August 19, 2024. The low is $5 issued by National Bank Financial Inc on March 12, 2024. The 3 most-recent analyst ratings were released by Scotiabank on August 19, 2024, May 23, 2024, and April 8, 2024, respectively. With an average price target of $5.75 between Scotiabank, there's an implied 15.46% upside for Fortuna Mining Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Fortuna Mining (NYSE:FSM) was reported by Scotiabank on August 19, 2024. The analyst firm set a price target for $6.50 expecting FSM to rise to within 12 months (a possible 30.52% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Fortuna Mining (NYSE:FSM) was provided by Scotiabank, and Fortuna Mining maintained their sector perform rating.
The last upgrade for Fortuna Mining Corp happened on January 18, 2022 when Canaccord Genuity raised their price target to N/A. Canaccord Genuity previously had a hold for Fortuna Mining Corp.
There is no last downgrade for Fortuna Mining.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortuna Mining, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortuna Mining was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest Fortuna Mining (FSM) rating was a maintained with a price target of $6.00 to $6.50. The current price Fortuna Mining (FSM) is trading at is $4.98, which is out of the analyst’s predicted range.
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