FSMVSMERC• Today (Normalized)

FSM vs MERC (Fortuna Mining Corp. vs Mercer International Inc.)

Showing Closing Date Range from Oct 6 to Oct 7, 2026.

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

BEFORE THE OPEN US Eastern Time (ET)

Before the Regular Session

3:52 AM ET
2026-10-08

Current time is 3:52 AM ET. The regular US trading session begins at 9:30 AM ET. Showing closing prices from the prior official trading session.

Today's Alpha Margin

MERC leads by +13.56% Alpha Spread Today

FSM is trading at -9.48% while MERC is at +4.08% .

FSM (-9.48%) MERC (4.08%)
Dominance Spread13.56% Spread
Card 1 • Session Start 9:30 AM ET OPEN

Started At

Official opening auction price

FSM
Gap: -0.41 (-3.67%)
$10.77
MERC
Gap: +0.01 (4.17%)
$0.25
Baseline Prior Closes $11.18 vs $0.24
Card 2 • Execution PRIOR SESSION

Previous Close

Baseline for today's market open

FSM
Latest snapshot
$10.12
MERC
Latest snapshot
$0.25
Verified Snapshot3:52 AM ET
Card 3 • Net Move MERC LEADING

Gained / Lost Today

Net return against previous session close

FSM
$-1.06
-9.48%
MERC
+$0.01
+4.08%
Performance Lead +13.56% Advantage

Today's Trading Range Position

Where each asset is currently trading relative to its Day Low and Day High

FSM $10.12 (7% of range)
Low: $10.07High: $10.82
MERC $0.25 (50% of range)
Low: $0.24High: $0.26

Session Liquidity & Volume

Trading activity, share volume, and estimated dollar liquidity

FSM Liquidity
Share Volume
9.67M
Est. Dollar Volume
$97.86M
MERC Liquidity
Share Volume
765.5K
Est. Dollar Volume
$191.4K

Session Ledger Comparison

Direct side-by-side breakdown of today's key auction and price metrics

MetricFSMMERCHead-to-Head Advantage
Today's Return-9.48% +4.08% MERC +13.56%
Net Dollar Move$-1.06+$0.01MERC higher move
Open Price$10.77$0.25 Gap: -3.67% vs 4.17%
Day High$10.82$0.26Session peaks
Day Low$10.07$0.24Session troughs
Intraday Spread$0.75$0.02High/Low spread
Share Volume9.67M765.5KFSM more active
Est. Dollar Volume$97.86M$191.4KFSM higher liquidity
Multi-Day Trajectory Charts•Interactive Historical Comparison

Explore FSM vs MERC Over Extended Timeframes

Today's session isolates intraday momentum. Switch to normalized multi-day timeframes to analyze historical correlations, cumulative returns, and divergence charts.