FSM (Fortuna Mining) 6-1 Month Momentum %: -16.38% (As of Aug. 07, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSM Fortuna Mining Corp FSM
92 GF Score
Price $9.56
GF Value $6.81
Valuation Significantly Overvalued
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What is Fortuna Mining 6-1 Month Momentum %?

Fortuna Mining FSM -0.42% 92 6-1 Month Momentum % is -16.38% as of Aug. 07, 2026. GuruFocus rates FSM with a GF Score™ of 92/100 and a GF Value™ of $6.81 (Significantly Overvalued). Among 2,546 Metals & Mining companies, Fortuna Mining ranks better than 68.38% on this metric.

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2026-08-07), Fortuna Mining's 6-1 Month Momentum % is -16.38%.

The industry rank for Fortuna Mining's 6-1 Month Momentum % or its related term are showing as below:

FSM's 6-1 Month Momentum % is ranked better than
68.38% of 2546 companies
in the Metals & Mining industry
Industry Median: -18.595 vs FSM: -16.38

Fortuna Mining  (NYSE:FSM) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Fortuna Mining 6-1 Month Momentum % Related Terms


FSM vs NEM, AU: 6-1 Month Momentum % Comparison

For the Gold subindustry, Fortuna Mining's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortuna Mining 6-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Fortuna Mining's 6-1 Month Momentum % falls into.


FSM
92GF Score
Fortuna Mining Corp FSM
6-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortuna Mining  (NYSE:FSM) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 6-1 Month Momentum % →
What does a 6-1 Month Momentum % of -16.38% mean?
Fortuna Mining (FSM) has a 6-1 Month Momentum % of -16.38% as of Aug. 07, 2026. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Fortuna Mining and its competitors. According to the industry distribution chart, Fortuna Mining ranks #805 out of 2546 companies in the Metals & Mining industry, placing it in the top 31.6%.
Is Fortuna Mining's 6-1 Month Momentum % too high?
Fortuna Mining's current 6-1 Month Momentum % is -16.38%. Based on the distribution chart, Fortuna Mining ranks #805 out of 2546 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Fortuna Mining has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's 6-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #805 out of 2546 companies for 6-1 Month Momentum %. This puts Fortuna Mining in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-1 Month Momentum % for a Metals & Mining company?
A good 6-1 Month Momentum % depends on the Metals & Mining industry context. However, 6-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 6-1 Month Momentum % mean?
A high 6-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Fortuna Mining and its competitors. Fortuna Mining's current 6-1 Month Momentum % is -16.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (FSM) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.81, compared to a current price of $9.56 — trading 40.4% above its estimated fair value. The current 6-1 Month Momentum % is -16.38%. Fortuna Mining's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-1 Month Momentum % calculated?
6-1 Month Momentum % is calculated from a company's financial statements. For Fortuna Mining (FSM), the current 6-1 Month Momentum % is -16.38% as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortuna Mining (FSM) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of $9.56 is trading 40.4% above its estimated GF Value™ of $6.81. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for FSM:

  • 6-1 Month Momentum %: -16.38%
  • GF Value™: $6.81 vs. price of $9.56 (40.4% above fair value)
  • GF Score™: 92/100

No single metric tells the full story. See the FSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortuna Mining Business Description

Address 1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
92GF Score

Get the complete analysis for FSM

6-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.56
Price
$6.81
GF Value