In the latest session, Fortuna Mining (FSM) was down 1.02% at $6.82, underperforming the S&P 500. The stock has risen by 3.92% in the past month, leading the Basic Materials sector. Fortuna Mining is set to report earnings on August 6, with projected growth of 69.23% to $0.22 per share.

Investors should note Fortuna Mining’s Forward P/E ratio of 9.07, a discount to the industry average of 21.5. The Mining – Miscellaneous industry has a Zacks Industry Rank of 159, in the bottom 36%. An under-the-radar chipmaker in the semiconductor industry is positioned for growth in the data center market. This company specializes in products that competitors like NVIDIA don’t offer, presenting a unique opportunity.

Read more at Nasdaq: Fortuna Mining (FSM) Stock Sinks As Market Gains: What You Should Know