Symbols / FSM Stock $10.27 +1.48% Fortuna Mining Corp.

Basic Materials • Gold • Canada • NYQ
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Stock Fundamentals
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Index EQUITY
Sector Basic Materials
Industry Gold
CEO Mr. Jorge A. Ganoza Durant B.Sc., Eng
Exch · Country NYQ · Canada
Market Cap 3.13B
Enterprise Value 2.84B
Income 265.18M
Sales 947.06M
FCF (ttm) 298.91M
Book/sh 5.49
Cash/sh 1.84
Employees
Insider 10d
IPO Jan 08, 2007
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 12.08
Forward P/E 5.75
PEG
P/S 3.30
P/B 1.87
P/C
EV/EBITDA 5.19
EV/Sales 3.00
Quick Ratio 2.44
Current Ratio 2.98
Debt/Eq 12.18
LT Debt/Eq
EPS (ttm) 0.85
EPS next Y 1.79
EPS Growth 9.87%
Revenue Growth 38.40%
EPS Gr Q/Q 5.00%
Rev Gr Q/Q
Earnings (next) 2026-05-06
Earnings (prior) 2026-02-18
ROA 11.58%
ROE 18.04%
ROIC
Gross Margin 49.30%
Oper. Margin 43.43%
Profit Margin 30.35%
Shs Outstand 304.56M
Shs Float 302.02M
Insider Own 0.49%
Instit Own 79.00%
Short Float
Short Ratio 2.14
Short Interest 16.33M
52W High 13.85
vs 52W High -25.85%
52W Low 5.23
vs 52W Low 96.37%
Beta 2.12
Impl. Vol. 66.21%
Rel Volume 0.58
Avg Volume 7.83M
Volume 4.55M
Target (mean) $14.00
Tgt Median $14.00
Tgt Low $14.00
Tgt High $14.00
# Analysts 1
Recom Buy
Prev Close $10.12
Price $10.27
Change 1.48%
About

Fortuna Mining Corp. engages in the precious and base metal mining and related activities in Argentina, Côte d'Ivoire, Mexico, Peru, and Senegal. The company operates through Mansfield, Sango, and Bateas segments. It operates the Lindero gold mine and the Séguéla gold mine, as well as the Caylloma silver, lead, and zinc mine. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$10.27
Low
$14.00
High
$14.00
Mean
$14.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-26 main Scotiabank Sector Outperform → Sector Outperform $14
2025-10-23 main Scotiabank Sector Perform → Sector Perform $11
2025-10-16 main Scotiabank Sector Perform → Sector Perform $9
2025-08-06 main Scotiabank Sector Perform → Sector Perform $8
2025-07-15 main CIBC Underperformer → Underperformer $8
2025-04-14 main Scotiabank Sector Perform → Sector Perform $7
2025-01-15 main Scotiabank Sector Perform → Sector Perform $6
2024-05-23 main Scotiabank Sector Perform → Sector Perform $6
2024-04-08 main Scotiabank Sector Perform → Sector Perform $5
2024-03-12 main National Bank Financial Inc Sector Perform → Sector Perform $5
2022-01-18 up Canaccord Genuity Hold → Buy
2019-09-10 up Scotiabank Sector Perform → Sector Outperform
2017-11-21 down Raymond James Strong Buy → Outperform
2017-04-05 up Raymond James Outperform → Strong Buy
2017-03-31 up BMO Capital Market Perform → Outperform
2016-05-12 down BMO Capital Outperform → Market Perform
2016-03-14 down Raymond James Strong Buy → Outperform
2016-02-16 down Canaccord Genuity Buy → Hold
2015-04-20 up Raymond James Outperform → Strong Buy
2013-07-10 down CIBC Sector Outperform → Sector Perform
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 Fortuna Mining Corp Issuer 200,000
2026-03-27 Fortuna Mining Corp Issuer 200,000 $9.39 $1,877,400
2026-03-27 Fortuna Mining Corp Issuer 1,300,000
2026-03-26 Fortuna Mining Corp Issuer 200,000 $9.23 $1,845,400
2026-03-25 Fortuna Mining Corp Issuer 200,000 $9.48 $1,895,600
2026-03-24 Fortuna Mining Corp Issuer 200,000 $9.14 $1,828,800
2026-03-23 Fortuna Mining Corp Issuer 300,000 $9.04 $2,712,000
2026-03-20 Chapman (Eric) Senior Officer of Issuer 31,433
2026-03-20 Fortuna Mining Corp Issuer 400,000 $8.62 $3,446,400
2026-03-20 Fortuna Mining Corp Issuer 200,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
947.06
+39.84%
677.24
-19.61%
842.43
+23.62%
681.49
Operating Revenue
947.06
+39.84%
677.24
-19.61%
842.43
+23.62%
681.49
Cost Of Revenue
480.16
+8.17%
443.88
-31.96%
652.40
+22.01%
534.70
Reconciled Cost Of Revenue
480.16
+8.17%
443.88
-31.96%
652.40
+22.01%
534.70
Gross Profit
466.90
+100.08%
233.36
+22.81%
190.03
+29.45%
146.80
Operating Expense
97.74
+43.55%
68.09
-3.25%
70.37
+10.27%
63.82
Selling General And Administration
97.74
+43.55%
68.09
+1.82%
66.87
+8.81%
61.46
General And Administrative Expense
97.74
+43.55%
68.09
+1.82%
66.87
+8.81%
61.46
Salaries And Wages
66.36
+82.09%
36.44
+228.20%
11.10
-1.43%
11.27
Other Gand A
31.38
-0.83%
31.64
-43.26%
55.77
+11.11%
50.19
Other Operating Expenses
8.90
-24.27%
11.75
+397.17%
2.36
Total Expenses
577.90
+12.88%
511.97
-29.17%
722.78
+20.76%
598.51
Operating Income
369.16
+123.36%
165.27
+38.13%
119.65
+44.20%
82.98
Total Operating Income As Reported
408.39
+161.54%
156.15
+38465.36%
-0.41
+99.64%
-113.55
EBITDA
617.08
+79.37%
344.01
+47.15%
233.78
+295.89%
59.05
Normalized EBITDA
573.97
+67.75%
342.15
+1.61%
336.73
+31.06%
256.92
Reconciled Depreciation
191.02
+8.83%
175.52
-20.11%
219.69
+27.13%
172.81
EBIT
426.06
+152.86%
168.50
+1095.95%
14.09
+112.39%
-113.76
Total Unusual Items
43.11
+2216.28%
1.86
+101.81%
-102.95
+47.97%
-197.87
Total Unusual Items Excluding Goodwill
43.11
+2216.28%
1.86
+101.81%
-102.95
+47.97%
-197.87
Special Income Charges
46.83
+15814.09%
-0.30
+99.71%
-103.21
+45.54%
-189.50
Other Special Charges
Impairment Of Capital Assets
-47.71
0.00
-100.00%
96.60
-48.81%
188.72
Restructuring And Mergern Acquisition
6.40
0.00
Write Off
Net Income
287.47
+123.30%
128.74
+353.24%
-50.84
+60.33%
-128.13
Pretax Income
400.18
+182.34%
141.73
+1382.54%
-11.05
+91.17%
-125.11
Net Non Operating Interest Income Expense
-12.28
+49.12%
-24.13
-10.73%
-21.79
-124.80%
-9.69
Interest Expense Non Operating
25.88
-3.30%
26.76
+6.46%
25.14
+121.48%
11.35
Net Interest Income
-12.28
+49.12%
-24.13
-10.73%
-21.79
-124.80%
-9.69
Interest Expense
25.88
-3.30%
26.76
+6.46%
25.14
+121.48%
11.35
Interest Income Non Operating
14.55
+294.76%
3.69
+0.85%
3.65
+97.41%
1.85
Interest Income
14.55
+294.76%
3.69
+0.85%
3.65
+97.41%
1.85
Other Income Expense
43.30
+7250.59%
0.59
+100.54%
-108.91
+45.10%
-198.39
Other Non Operating Income Expenses
0.19
+114.86%
-1.27
+78.68%
-5.96
-1044.91%
-0.52
Gain On Sale Of Security
-3.72
-272.39%
2.16
+727.20%
0.26
+103.12%
-8.37
Tax Provision
111.40
+116.66%
51.42
+57.82%
32.58
+201.74%
10.80
Tax Rate For Calcs
0.00
-22.22%
0.00
-10.00%
0.00
+52.61%
0.00
Tax Effect Of Unusual Items
12.07
+1701.55%
0.67
+101.63%
-41.18
+20.60%
-51.86
Net Income Including Noncontrolling Interests
311.06
+119.20%
141.91
+425.25%
-43.63
+67.90%
-135.91
Net Income From Continuing Operation Net Minority Interest
265.18
+243.74%
77.15
+251.76%
-50.84
+60.33%
-128.13
Net Income From Continuing And Discontinued Operation
287.47
+123.30%
128.74
+353.24%
-50.84
+60.33%
-128.13
Net Income Continuous Operations
288.78
+219.73%
90.32
+307.01%
-43.63
+67.90%
-135.91
Net Income Discontinuous Operations
22.29
-56.80%
51.59
Minority Interests
-23.59
-79.14%
-13.17
-82.78%
-7.21
-192.69%
7.77
Normalized Income
234.15
+208.27%
75.96
+594.75%
10.93
-38.84%
17.88
Net Income Common Stockholders
287.47
+123.30%
128.74
+353.24%
-50.84
+60.33%
-128.13
Diluted EPS
0.90
+119.51%
0.41
+341.18%
-0.17
+61.36%
-0.44
Basic EPS
0.94
+123.81%
0.42
+347.06%
-0.17
+61.36%
-0.44
Basic Average Shares
306.86
-0.65%
308.88
+4.68%
295.07
+1.30%
291.28
Diluted Average Shares
334.90
+7.77%
310.75
+5.31%
295.07
+1.30%
291.28
Diluted NI Availto Com Stockholders
287.47
+123.30%
128.74
+353.24%
-50.84
+60.33%
-128.13
Average Dilution Earnings
0.00
Earnings From Equity Interest
Gain On Sale Of PPE
-0.88
-194.97%
-0.30
-42.58%
-0.21
+73.51%
-0.79
Other Taxes
1.30
Provision For Doubtful Accounts
Total Other Finance Cost
0.94
-10.10%
1.05
+245.39%
0.30
+57.51%
0.19
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,360.64
+11.59%
2,115.53
+7.50%
1,967.86
+4.88%
1,876.22
Current Assets
764.53
+57.23%
486.24
+45.88%
333.32
+31.90%
252.71
Cash Cash Equivalents And Short Term Investments
560.75
+142.34%
231.39
+80.57%
128.15
+59.20%
80.49
Cash And Cash Equivalents
553.99
+139.48%
231.33
+80.52%
128.15
+59.20%
80.49
Other Short Term Investments
6.76
+10630.16%
0.06
0.08
Receivables
74.36
-28.60%
104.14
+39.52%
74.64
+8.36%
68.88
Accounts Receivable
20.76
-22.25%
26.70
+33.71%
19.97
-16.71%
23.98
Other Receivables
8.25
+90.40%
4.33
-16.52%
5.19
-30.28%
7.44
Taxes Receivable
45.35
-37.97%
73.11
+47.74%
49.48
+32.08%
37.46
Inventory
122.69
-8.78%
134.50
+16.12%
115.83
+25.85%
92.03
Raw Materials
46.03
-17.60%
55.86
+4.94%
53.23
+19.69%
44.48
Finished Goods
76.65
-2.52%
78.63
+25.63%
62.59
+31.61%
47.56
Prepaid Assets
6.62
-58.47%
15.94
+9.12%
14.60
+30.63%
11.18
Assets Held For Sale Current
0.03
Hedging Assets Current
0.02
Other Current Assets
0.12
-55.07%
0.28
+160.38%
0.11
-13.82%
0.12
Total Non Current Assets
1,596.11
-2.04%
1,629.29
-0.32%
1,634.54
+0.68%
1,623.51
Net PPE
1,518.68
-1.33%
1,539.19
-2.22%
1,574.21
+0.42%
1,567.62
Gross PPE
2,364.14
-20.67%
2,980.13
+7.57%
2,770.32
+13.60%
2,438.70
Accumulated Depreciation
-845.46
+41.33%
-1,440.94
-20.47%
-1,196.11
-37.31%
-871.08
Construction In Progress
32.28
-56.31%
73.89
+67.11%
44.22
-71.41%
154.65
Other Properties
876.91
-13.80%
1,017.24
+8.04%
941.53
+33.59%
704.78
Non Current Accounts Receivable
7.67
-74.04%
29.53
+105.87%
14.34
+200.10%
4.78
Non Current Deferred Assets
Non Current Deferred Taxes Assets
Other Non Current Assets
69.77
+15.17%
60.58
+31.74%
45.98
-10.03%
51.11
Total Liabilities Net Minority Interest
625.32
-3.72%
649.46
-4.46%
679.74
+15.70%
587.53
Current Liabilities
256.38
+0.14%
256.03
+5.03%
243.77
+80.46%
135.08
Payables And Accrued Expenses
235.18
+1.48%
231.76
+28.91%
179.78
+45.91%
123.22
Payables
235.18
+1.48%
231.76
+28.91%
179.78
+45.91%
123.22
Accounts Payable
77.93
-14.53%
91.18
-9.17%
100.39
+38.33%
72.57
Other Payable
75.43
+24.76%
60.46
+26.98%
47.62
+21.92%
39.05
Total Tax Payable
81.82
+2.12%
80.12
+152.10%
31.78
+174.17%
11.59
Income Tax Payable
81.82
+2.12%
80.12
+152.10%
31.78
+174.17%
11.59
Current Debt And Capital Lease Obligation
21.20
+7.28%
19.76
-66.42%
58.84
+524.92%
9.42
Current Debt
43.90
Other Current Borrowings
43.90
Current Capital Lease Obligation
21.20
+7.28%
19.76
+32.26%
14.94
+58.68%
9.42
Other Current Liabilities
0.08
-70.00%
0.27
Total Non Current Liabilities Net Minority Interest
368.95
-6.22%
393.43
-9.76%
435.97
-3.64%
452.45
Long Term Debt And Capital Lease Obligation
190.10
+9.10%
174.25
-15.17%
205.41
-11.12%
231.10
Long Term Debt
134.41
+6.65%
126.03
-22.65%
162.95
-25.65%
219.18
Long Term Capital Lease Obligation
55.69
+15.49%
48.22
+13.56%
42.46
+255.91%
11.93
Long Term Provisions
50.26
-29.04%
70.83
+16.61%
60.74
+18.80%
51.13
Non Current Deferred Liabilities
120.31
-16.61%
144.27
-9.75%
159.85
-4.63%
167.62
Non Current Deferred Taxes Liabilities
120.31
-16.61%
144.27
-9.75%
159.85
-4.63%
167.62
Other Non Current Liabilities
8.28
+102.52%
4.09
-58.99%
9.97
+284.17%
2.60
Stockholders Equity
1,677.03
+19.46%
1,403.87
+13.36%
1,238.37
-0.51%
1,244.76
Common Stock Equity
1,677.03
+19.46%
1,403.87
+13.36%
1,238.37
-0.51%
1,244.76
Capital Stock
1,125.21
-0.40%
1,129.71
+0.39%
1,125.38
+4.56%
1,076.34
Common Stock
1,125.21
-0.40%
1,129.71
+0.39%
1,125.38
+4.56%
1,076.34
Share Issued
305.76
-0.38%
306.93
+0.11%
306.59
+5.64%
290.22
Ordinary Shares Number
305.76
-0.38%
306.93
+0.11%
306.59
+5.64%
290.22
Retained Earnings
488.12
+125.58%
216.38
+146.88%
87.65
-36.71%
138.49
Gains Losses Not Affecting Retained Earnings
26.64
+28.58%
20.72
+1.00%
20.52
-18.27%
25.10
Minority Interest
58.28
-6.31%
62.21
+25.03%
49.75
+13.23%
43.94
Other Equity Adjustments
26.64
+28.58%
20.72
-18.24%
25.34
-9.72%
28.07
Total Equity Gross Minority Interest
1,735.32
+18.37%
1,466.07
+13.81%
1,288.12
-0.04%
1,288.70
Total Capitalization
1,811.44
+18.40%
1,529.90
+9.18%
1,401.31
-4.28%
1,463.93
Working Capital
508.16
+120.73%
230.21
+157.06%
89.56
-23.87%
117.63
Invested Capital
1,811.44
+18.40%
1,529.90
+5.86%
1,445.21
-1.28%
1,463.93
Total Debt
211.30
+8.91%
194.01
-26.58%
264.25
+9.86%
240.52
Net Debt
78.70
-43.25%
138.68
Capital Lease Obligations
76.89
+13.11%
67.98
+18.42%
57.40
+168.91%
21.35
Net Tangible Assets
1,677.03
+19.46%
1,403.87
+13.36%
1,238.37
-0.51%
1,244.76
Tangible Book Value
1,677.03
+19.46%
1,403.87
+13.36%
1,238.37
-0.51%
1,244.76
Current Provisions
4.51
-10.96%
5.07
+132.66%
2.18
Financial Assets
Foreign Currency Translation Adjustments
-5.30
-9.84%
-4.83
-62.63%
-2.97
Other Equity Interest
37.05
+0.00%
37.05
+667.88%
4.83
+0.00%
4.83
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
455.37
+93.20%
235.70
-20.62%
296.91
+52.85%
194.25
Cash Flow From Continuing Operating Activities
455.37
+93.20%
235.70
-20.62%
296.91
+52.85%
194.25
Net Income From Continuing Operations
288.78
+219.73%
90.32
+307.01%
-43.63
+67.90%
-135.91
Depreciation Amortization Depletion
191.02
+8.83%
175.52
-20.11%
219.69
+27.13%
172.81
Other Non Cash Items
-4.15
-114.72%
28.18
-32.67%
41.84
+105.80%
20.33
Stock Based Compensation
8.15
+303.87%
2.02
+201800.00%
-0.00
Asset Impairment Charge
-47.71
0.00
-100.00%
96.60
-48.81%
188.72
Deferred Tax
111.40
+116.66%
51.42
+57.82%
32.58
+201.74%
10.80
Deferred Income Tax
111.40
+116.66%
51.42
+57.82%
32.58
+201.74%
10.80
Operating Gains Losses
12.94
+645.30%
-2.37
+64.52%
-6.69
-299.08%
3.36
Gain Loss On Investment Securities
-4.96
+46.25%
-9.23
+25.55%
-12.39
-938.11%
-1.19
Net Foreign Currency Exchange Gain Loss
-5.86
-406.22%
-1.16
-120.28%
5.71
+25.30%
4.55
Change In Working Capital
-0.01
+99.97%
-57.03
-485.76%
-9.74
+45.97%
-18.02
Change In Receivables
-10.00
+69.33%
-32.61
-90.58%
-17.11
-333.92%
7.32
Change In Inventory
-11.58
+52.64%
-24.46
-16.36%
-21.02
-2.96%
-20.41
Change In Prepaid Assets
1.64
+6.55%
1.54
+147.53%
-3.24
-97.32%
-1.64
Change In Payables And Accrued Expense
19.93
+1421.55%
-1.51
-104.77%
31.64
+1065.10%
-3.28
Change In Payable
19.93
+1421.55%
-1.51
-104.77%
31.64
+1065.10%
-3.28
Investing Cash Flow
-161.81
-5.34%
-153.60
+29.18%
-216.88
+15.06%
-255.33
Cash Flow From Continuing Investing Activities
-161.81
-5.34%
-153.60
+29.18%
-216.88
+15.06%
-255.33
Net PPE Purchase And Sale
-178.00
-10.51%
-161.08
+25.88%
-217.31
+13.50%
-251.24
Purchase Of PPE
-178.00
-10.51%
-161.08
+25.88%
-217.31
+13.50%
-251.24
Capital Expenditure
-178.00
-10.51%
-161.08
+25.88%
-217.31
+13.50%
-251.24
Net Investment Purchase And Sale
-2.08
-121.36%
9.72
-21.61%
12.39
0.00
Purchase Of Investment
-24.91
+30.52%
-35.86
-283.13%
-9.36
0.00
Sale Of Investment
22.84
-49.88%
45.57
+109.49%
21.75
0.00
Net Business Purchase And Sale
0.00
+100.00%
-13.32
0.00
Purchase Of Business
0.00
+100.00%
-13.32
0.00
Net Other Investing Changes
18.27
+915.04%
-2.24
-265.27%
1.36
+133.10%
-4.10
Financing Cash Flow
-47.73
+21.12%
-60.50
-84.93%
-32.72
-185.05%
38.47
Cash Flow From Continuing Financing Activities
-47.73
+21.12%
-60.50
-84.93%
-32.72
-185.05%
38.47
Net Issuance Payments Of Debt
-24.37
-36.00%
-17.92
+43.33%
-31.62
-166.17%
47.79
Issuance Of Debt
0.00
-100.00%
240.50
+218.54%
75.50
-5.63%
80.00
Repayment Of Debt
-24.37
+90.57%
-258.42
-141.23%
-107.12
-232.59%
-32.21
Long Term Debt Issuance
0.00
-100.00%
172.50
0.00
Long Term Debt Payments
-24.37
+4.12%
-25.42
-52.91%
-16.62
-36.17%
-12.21
Net Long Term Debt Issuance
-24.37
-116.57%
147.08
+984.68%
-16.62
-36.17%
-12.21
Short Term Debt Issuance
0.00
-100.00%
68.00
-9.93%
75.50
-5.63%
80.00
Short Term Debt Payments
0.00
+100.00%
-233.00
-157.46%
-90.50
-352.50%
-20.00
Net Short Term Debt Issuance
0.00
+100.00%
-165.00
-1000.00%
-15.00
-125.00%
60.00
Net Common Stock Issuance
-10.27
+69.92%
-34.13
0.00
+100.00%
-5.93
Common Stock Payments
-10.27
+69.92%
-34.13
0.00
+100.00%
-5.93
Repurchase Of Capital Stock
-10.27
+69.92%
-34.13
0.00
+100.00%
-5.93
Proceeds From Stock Option Exercised
0.00
-100.00%
0.30
0.00
Net Other Financing Charges
-13.09
-54.83%
-8.45
-507.11%
-1.39
+59.01%
-3.40
Changes In Cash
316.61
+201.24%
105.10
+122.16%
47.31
+309.17%
-22.62
Effect Of Exchange Rate Changes
6.05
+414.57%
-1.92
-655.49%
0.35
+108.68%
-3.99
Beginning Cash Position
231.33
+80.52%
128.15
+59.20%
80.49
-24.84%
107.10
End Cash Position
553.99
+139.48%
231.33
+80.52%
128.15
+59.20%
80.49
Free Cash Flow
277.36
+271.72%
74.62
-6.26%
79.59
+239.67%
-56.99
Common Stock Issuance
0.00
Earnings Losses From Equity Investments
23.76
+196.52%
8.01
Interest Paid CFO
-9.50
+36.86%
-15.05
-11.13%
-13.54
-81.45%
-7.46
Interest Received CFO
13.87
+276.60%
3.68
+0.82%
3.65
+97.41%
1.85
Issuance Of Capital Stock
0.00
Sale Of Business
0.00
Taxes Refund Paid
-101.27
-159.98%
-38.95
-50.56%
-25.87
+38.72%
-42.22
Cash Flow From Discontinued Operation
70.78
-15.24%
83.51
SEC Filings

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