FSM Surpasses Average Analyst Expectations

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Fortuna Mining Corp (Symbol: FSM) shares have surpassed the average analyst 12-month target price of $5.89, currently trading at $5.95 per share. This change prompts analysts to either downgrade their valuation or adjust targets higher, depending on the company’s underlying business developments.

Analysts have varied target prices ranging from $4.94 to $6.29, with a standard deviation of $0.556. The latest ratings show 2 strong buy ratings, 2 hold ratings, and 1 strong sell rating, resulting in an average rating of 2.6 on a scale where 1 is “Strong Buy” and 5 is “Strong Sell”.

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