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FSM Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
10.970
Open
10.650
VWAP
10.73
Vol
6.00M
Mkt Cap
3.28B
Low
10.455
Amount
64.32M
EV/EBITDA(TTM)
4.18
Total Shares
304.56M
EV
2.89B
EV/OCF(TTM)
5.02
P/S(TTM)
3.43
Fortuna Mining Corp. is a Canadian precious metals mining company. The Company's mines include Seguela Mine, Lindero Mine and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 kilometers (kms) from Abidjan, via highways to the regional city of Seguela. The Seguela Mine in Cote d’Ivoire consists of the Antenna, Koula, Agouti, Boulder, Ancien, and Sunbird deposits, which may be mined via open-pit methods. Within a total land package of 62,000 hectares, there are more than 30 highly prospective targets. The Lindero Mine is an open pit mine, which is located in Salta, Argentina and includes gold porphyry deposits. The Caylloma Mine is located in the Caylloma District of Arequipa, Peru, which produces silver, gold, zinc, and lead. The site is 4,500 meters above sea level and includes the mine, a processing plant, and related infrastructure. The Company's Diamba Sud project is located in Senegal.
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Events Timeline

(ET)
2026-04-20
06:30:00
Fortuna Mining Enters Agreement with Qstone for Up to 70% Interest
select
2026-04-17 (ET)
2026-04-17
06:00:00
Fortuna Mining Approves Buyback of Up to 15.22 Million Shares
select
2026-04-09 (ET)
2026-04-09
05:10:00
Fortuna Mining Backs FY26 Production View of 281,000-305,000 Gold Equivalent Ounces
select
2026-04-09
05:10:00
Fortuna Mining Reports Q1 Gold Production of 72,872 Ounces
select
2026-02-19 (ET)
2026-02-19
05:20:00
Fortuna Reports Q4 Revenue of $270.2 Million
select

News

seekingalpha
9.5
05-07seekingalpha
Fortuna Silver Mines Q1 2026 Earnings Report Highlights
  • Performance Overview: Fortuna Silver Mines reported a Q1 2026 non-GAAP EPS of $0.36, missing estimates by $0.02, while revenue reached $342.5 million, up 75.6% year-over-year, exceeding expectations by $2.5 million, indicating robust market demand.
  • Production Data: The company produced 72,872 gold equivalent ounces in the quarter, keeping it on track to meet its 2026 production guidance, reflecting stable production capacity to meet future market needs.
  • Cost Analysis: The consolidated cash cost per GEO was $951, down from $971 in the previous quarter, while the consolidated AISC rose slightly to $2,107 from $2,054, primarily due to the impact of higher metal prices on royalties and increased CAPEX.
  • Cash Flow Performance: The company achieved record free cash flow of $174 million, a quarter-over-quarter increase of $41.7 million, demonstrating strong operating cash flow that enhances the company's financial health and future investment capacity.
Newsfilter
9.5
05-07Newsfilter
Fortuna Mining Reports Record Free Cash Flow in Q1 2026
  • Record Free Cash Flow: Fortuna achieved a record free cash flow of $174 million in Q1 2026, representing a quarter-over-quarter increase of $41.7 million, demonstrating the company's robust cash generation capacity from ongoing operations, which enhances its financial stability and future investment potential.
  • Significant Profitability Improvement: The adjusted attributable net income reached $111 million, with a basic EPS of $0.36, reflecting a $0.14 increase from the previous quarter, driven by rising gold prices and increased sales volume, further solidifying the company's competitive position in the market.
  • Sustained Production Growth: The gold equivalent production for the first quarter was 72,872 ounces, a 4% increase from the previous quarter, ensuring the company remains on track to meet its 2026 production guidance while laying the groundwork for future growth.
  • Increased Shareholder Returns: Year-to-date, Fortuna has returned $40 million to shareholders through the repurchase of 4.2 million shares at an average price of $9.53 per share, reflecting the company's commitment to shareholder value and confidence in future growth.
Yahoo Finance
9.5
05-07Yahoo Finance
Fortuna Mining Corp. Reports Record Q1 2026 Financial Results
  • Record Free Cash Flow: Fortuna Mining Corp. achieved a record free cash flow of $174 million in Q1 2026, representing a $41.7 million increase quarter-over-quarter, showcasing the company's robust operational capabilities and cash generation potential, which will support future investments and expansion plans.
  • Significant Net Income Growth: The adjusted attributable net income reached $111 million, with a basic EPS of $0.36, reflecting a $0.14 increase from the previous quarter, driven by rising gold prices and increased sales volume, enhancing investor confidence.
  • Production and Cost Control: The company produced 72,872 gold equivalent ounces in Q1 2026, with a cash cost of $951 per ounce, slightly down from the previous quarter, indicating successful efforts in improving production efficiency and controlling costs, further solidifying market competitiveness.
  • Increased Mineral Reserves: Fortuna reported a 15% year-over-year increase in mineral reserves, laying the groundwork for future growth, while planning to make key investment decisions regarding the Diamba Sud project and Séguéla plant expansion by mid-year, demonstrating the company's commitment to long-term development.
PRnewswire
8.5
05-04PRnewswire
Gold Exploration Budgets Rise with Independent Assessments
  • Rising Exploration Budgets: In 2025, global gold exploration budgets increased by 11% to $6.15 billion, indicating a strong demand for geological evidence that drives investment decisions within the industry.
  • Central Bank Gold Purchases: In Q1 2026, central banks added a net 244 tonnes of gold, despite some sovereign sellers, reflecting a sustained strategic demand for gold that bolsters market confidence.
  • Independent Assessment Results: GoldHaven Resources' independent geological review of its Copeçal Gold Project in Brazil confirmed a large-scale hydrothermal gold system, indicating potential for higher-grade mineralization, thereby enhancing the project's investment appeal.
  • Advancing Multiple Projects: GoldHaven is also progressing its Magno Project in British Columbia, having submitted a drill permit application and completed a $2.04 million financing, showcasing the company's strategic diversification in mineral development.
Newsfilter
8.5
05-04Newsfilter
Gold Exploration Budgets Rise 11% to $6.15 Billion
  • Gold Exploration Budget Growth: In 2025, global gold exploration budgets increased by 11% to $6.15 billion, now accounting for 50% of total exploration spending, indicating a shift in capital towards projects with tangible evidence rather than promotional hype, reflecting growing market confidence in gold investments.
  • Central Bank Gold Purchases: In Q1 2026, central banks added a net 244 tonnes of gold, despite some sovereign sellers, indicating a sustained rise in institutional demand for gold, which further supports the upward trend in gold prices.
  • Independent Geological Assessment Results: GoldHaven Resources' independent geological review of its Copeçal Gold Project in Brazil confirmed the presence of a large-scale hydrothermal gold system, indicating potential for higher-grade mineralization, thereby enhancing the project's investment appeal and laying the groundwork for future drilling plans.
  • Multi-Project Advancement: GoldHaven is also advancing its Magno Project in British Columbia, having submitted a drill permit application and completed an oversubscribed $2.04 million financing, demonstrating the company's strategic focus on diversified mineral development, which enhances its competitive position in the market.
PRnewswire
8.5
04-23PRnewswire
Structural Growth in African Gold Investment
  • Surge in Financing: Exploration budgets across Africa rose by 11% to $1.44 billion last year, with financing for junior miners more than doubling, indicating strong demand for gold and increased investor confidence, which is expected to drive further project development.
  • Central Bank Gold Purchases: Central banks are forecasted to buy approximately 850 tonnes of gold in 2026, providing solid support for gold prices that already surpassed $5,500 per ounce in January, further stabilizing the market.
  • Lake Victoria Gold Financing Progress: Lake Victoria Gold secured a gold loan facility worth up to $25 million, which is non-dilutive, ensuring near-term funding for its Imwelo Gold Project in Tanzania and facilitating rapid project advancement.
  • Accelerated Project Development: With the Tanzanian government incorporating a 16% statutory interest, Lake Victoria Gold is finalizing an agreement with Nyati Resources for toll milling at Tembo, which will generate early cash flow and mitigate upfront capital expenditure risks.
Wall Street analysts forecast FSM stock price to rise
4 Analyst Rating
Wall Street analysts forecast FSM stock price to rise
3 Buy
0 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
6.48
Averages
9.59
High
11.00
Current: 0.000
sliders
Low
6.48
Averages
9.59
High
11.00
CIBC
Underperformer -> Neutral
upgrade
$9 -> $16
AI Analysis
2026-02-04
Reason
CIBC
Price Target
$9 -> $16
AI Analysis
2026-02-04
upgrade
Underperformer -> Neutral
Reason
As previously reported, CIBC upgraded Fortuna Mining to Neutral from Underperformer with a price target of C$16, up from C$9. The firm, which is raising its gold price forecast to $6,000/oz in 2026, $6,500/oz in 2027 and $6,000/oz in 2028, expects the same demand drivers from 2025 to remain in place in 2026, but sees heightened geopolitical uncertainty and expects pressure on the U.S. dollar with one to two rate cuts in 2026.
CIBC
Underperformer -> Neutral
upgrade
$16
2026-02-03
Reason
CIBC
Price Target
$16
2026-02-03
upgrade
Underperformer -> Neutral
Reason
CIBC upgraded Fortuna Mining to Neutral from Underperformer with a C$16 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FSM
Unlock Now

Valuation Metrics

The current forward P/E ratio for Fortuna Mining Corp (FSM.N) is 6.98, compared to its 5-year average forward P/E of 12.39. For a more detailed relative valuation and DCF analysis to assess Fortuna Mining Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.39
Current PE
6.98
Overvalued PE
22.67
Undervalued PE
2.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
3.85
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
4.59
Undervalued EV/EBITDA
3.11

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
1.59
Current PS
0.00
Overvalued PS
2.02
Undervalued PS
1.16

Financials

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Frequently Asked Questions

What is Fortuna Mining Corp (FSM) stock price today?

The current price of FSM is 10.76 USD — it has increased 2.87

What is Fortuna Mining Corp (FSM)'s business?

Fortuna Mining Corp. is a Canadian precious metals mining company. The Company's mines include Seguela Mine, Lindero Mine and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 kilometers (kms) from Abidjan, via highways to the regional city of Seguela. The Seguela Mine in Cote d’Ivoire consists of the Antenna, Koula, Agouti, Boulder, Ancien, and Sunbird deposits, which may be mined via open-pit methods. Within a total land package of 62,000 hectares, there are more than 30 highly prospective targets. The Lindero Mine is an open pit mine, which is located in Salta, Argentina and includes gold porphyry deposits. The Caylloma Mine is located in the Caylloma District of Arequipa, Peru, which produces silver, gold, zinc, and lead. The site is 4,500 meters above sea level and includes the mine, a processing plant, and related infrastructure. The Company's Diamba Sud project is located in Senegal.

What is the price predicton of FSM Stock?

Wall Street analysts forecast FSM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSM is9.59 USD with a low forecast of 6.48 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Fortuna Mining Corp (FSM)'s revenue for the last quarter?

Fortuna Mining Corp revenue for the last quarter amounts to 342.47M USD, increased 75.59

What is Fortuna Mining Corp (FSM)'s earnings per share (EPS) for the last quarter?

Fortuna Mining Corp. EPS for the last quarter amounts to 0.35 USD, increased 84.21

How many employees does Fortuna Mining Corp (FSM). have?

Fortuna Mining Corp (FSM) has 2327 emplpoyees as of May 10 2026.

What is Fortuna Mining Corp (FSM) market cap?

Today FSM has the market capitalization of 3.28B USD.