Fortuna Mining Corp.’s (TSE:FVI) high institutional ownership speaks for itself as stock continues to impress, up 22% over last week

Key Insights

• Given the large stake in the stock by institutions, Fortuna Mining’s stock price might be vulnerable to their trading decisions
• The top 25 shareholders own 42% of the company
• Insiders have sold recently

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A look at the shareholders of Fortuna Mining Corp. (TSE:FVI) can tell us which group is most powerful. The group holding the most number of shares in the company, around 55% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

And last week, institutional investors ended up benefitting the most after the company hit CA$2.8b in market cap. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 43%.

Let’s delve deeper into each type of owner of…