Fortuna Mining Corp. (NYSE:FSM) is considered one of the best cheap stocks under $10 to buy now. On November 6, Scotiabank analyst Eric Winmill maintained a Hold rating on FSM with a price target of $10.50 following the company’s fiscal Q3 earnings release on November 5. The company reported strong free cash flow from operations in the quarter, reaching $73.4 million. Cash costs for the quarter remained below $1,000/oz, with AISC at the company’s mines tracking within guidance. FSM also reported a strengthening balance sheet with nearly $265.8 million in net cash and $600 million in liquidity to fund growth initiatives.

Read more at Yahoo Finance: Scotiabank Maintains a Hold on Fortuna Mining Corp. (FSM), Sets a $10.50 PT