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small-cap

How is Needle Moving in this NYSE-Listed Precious Metal Mining Stock - FSM

Oct 21, 2024 | Team Kalkine
How is Needle Moving in this NYSE-Listed Precious Metal Mining Stock - FSM

FSM:NYSE
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Fortuna Mining Corp. (NYSE: FSM)

Fortuna Mining Corp. (NYSE: FSM) previously known as Fortuna Silver Mines Inc., is a Canada-based precious metals mining company with operations in Latin America and West Africa. It has mines in Argentina, Burkina Faso, Côte d'Ivoire, Mexico, and Peru, producing gold, silver, lead, and zinc. Key mines and projects include the Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine.

As per our US Inflation Report published on ‘FSM’ on 11th October 2024, Kalkine provided an Buystance on the stock at USD 4.76 based on fundamental analysis and the stock price has now moved by ~13.44% since then and is trading above resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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