Scotiabank analyst Eric Winmill maintained a Hold rating on Fortuna Mining Corp today and set a price target of $8.50. The company’s shares closed yesterday at $9.64.
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According to TipRanks, Winmill is a 5-star analyst with an average return of 36.4% and a 74.65% success rate. Winmill covers the Basic Materials sector, focusing on stocks such as Fortuna Mining Corp, Snowline Gold Corp., and Osisko Metals Incorporated.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortuna Mining Corp with a $8.05 average price target.
The company has a one-year high of $9.82 and a one-year low of $4.13. Currently, Fortuna Mining Corp has an average volume of 17.33M.
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.
Read More on FSM:
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