mid-cap

Update on One NYSE- Listed Mining Stock Amid Market Uncertainty: FSM

Jun 10, 2025 | Team Kalkine
Update on One NYSE- Listed Mining Stock Amid Market Uncertainty: FSM
Image source: shutterstock

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

Fortuna Mining Corp

Fortuna Mining Corp (NYSE: FSM) headquartered in Canada, is a precious metals producer with active mining operations and exploration projects across several countries, including Argentina, Burkina Faso, Côte d’Ivoire, Mexico, and Peru. Additionally, the company is developing the Diamba Sud Gold Project in Senegal. Fortuna's portfolio includes the production of gold, silver, lead, and zinc, with key assets such as the Séguéla, Yaramoko, Lindero, and Caylloma mines.

As per our previous US Daily Report published on ‘FSM’ on April 22, 2025, Kalkine provided a ‘Speculative Buystance on the stock at USD 6.33 based on “price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved up by ~9.32% since then and has attained resistance 1 as well as resistance 2 but has corrected from USD 7.50 levels.

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

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