Fortuna Mining Corp FSM

Too Optimistic?

[georgemarch]

Looking at Fortuna's chart ..... it appears that FVI wants to move up quickly. I really wouldn't be surprised this continues to move up to $7.50 CAD in the next couple of weeks (earnings out in early November).

I'm no pumper. I try to play the "devil's advocate" and be conservative in my expectations. FVI  p/e is way too low when comparing it to othe other companies. I've had plenty invested with Fortuna for over a decade and watch how it trades. There are numerous times this stock has moved $1 - $2 with surprising speed (days/weeks).

I prefer to see a slow, steady rise in stock prices but just too many moving parts.... rising inflation, earnings growth, money rotation, companies with low multiples ......

[geezer21]

Yes, Fortuna has the lowest P/E of profitable silver miners: FVI            12 SVM          16.6 SSRM        13.3 MAG           273 EDV            39.1 PAAS

[georgemarch]

First Majestic Silver p/e of 30. Wow!! Why? The silver premium I figure. I rather bank on FVI  share price going higher simply because it makes money. I wonder if p/e ratio of silver companies are too high based silver price speculation. I'm thinking there still isn't enough confidence in FVI as it stands/projects. Time will tell.

[geezer21]

Not only does Fortuna have the lowest P/E it also has the highest percent return on equity of 9.9% of the profitable silver miners.                  p/e          % RTN/Equity FVI            12    

[geezer21]

Not only does Fortuna have the lowest P/E of profitable miners but it also has the highest % retrun on equity.               p/e          % RTN/Equity FVI            12