Fortuna Mining Corp. (FSM) — Gold Mining. Numbers-first dossier: valuation, distress risk, calibrated signal.

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FSMpeers & supply-chain relationships

FSM fair-value estimate

FSM earnings history

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Bid — × — AskUpdated Nov 9, 2026 · 4:00 PM ETVol 6.50M · 3-mo avg 5.27M

Fortuna Mining Corp. (FSM)

FSMFortuna Mining Corp.loading…
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QTick signal
+5net
2 bull / 0 bear factors · leaning
Bull 6 pts·Bear 1 pts30d
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Market context—Sector read · not on fileOKBalance sheet · Safe—Inflation-report days · not on fileOKCalm trading · sharp-drop risk 26/100 · Nov 9
$10.02
near a recent low and a support level · Nov 9
$10.27
near a resistance level and the 200-day average · midpoint $10.27 · Nov 9
Golden cross
50-day average is above the 200-day, but price is 7% below the 50-day average — the uptrend is damaged
In line
95% of similar setups fell 10% or more within 3 months · 1.2× the usual rate · rating eased: at bottom zone (3/6 bottoming checks met)
Golden cross
50-day average is above the 200-day, but price is 7% below the 50-day average — the uptrend is damaged
Trading volume25% above normal1.25× its 20-day average
Past year's range$7.90 – $13.85lowest to highest price
From its peak27.3% belowpeak $13.85, highest since 2015
Gain vs. risk0.19 to 1$0.19 possible gain per $1 at risk
Plan fails below$9.00the setup is broken under this price
Momentum (RSI)50.9fires under 35 · fires near $8.56
Price vs. profit6.6× next year10.6× last 12 months
Price vs. its own pastpricier than 6%of the last 5 years · usual P/E 16.3×
Cash it generates9.0%of its market value, per year

Last session traded in line with its own normal, price up 4.7%. Over the last 20 sessions, 54% of the volume traded on days the stock closed lower.

Entry strategy · 10 triggers

2 of 5 aligned — closing in
RSI 14
●
50.9
fires under 35 · fires near $8.56
vs 50-day
✓
$10.87
below the line
Bollinger
●
$8.60
no lower pierce · fires near $8.38
VWAP 20
●
$9.72
above the rolling VWAP · fires near $9.71
Entry level
✓
$10.02
within 1% of model level
Put wall
●
—
not on file
MACD
Context✓
+0.09
histogram above zero · rising
RVolStatic
1.25×
in line with its own normal
Short int.Static
—
not on file
ATRStatic
$0.51
14-session average true range
A checklist, not odds on a return: 3 of 5 usable price conditions have to line up. RSI, the 50-day average and the Bollinger band move with the price you set; the 20-day average traded price, the entry level and the busiest put strike stay fixed. MACD, RVol, Short int. and ATR are context only — they never count toward the total.
See the full case→
Next earnings
2027-02-17
in 67 sessions
Next dividend
No indicated yield
no forward dividend on file