Fortuna Mining Corp.

Fortuna Mining Corp.

13.37
CAD
-1.04
(-7.25%)
1.77EPS
6.79P/E
3.54BMarket Cap
Mar 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.09
1.37
1.2
1.54
1.7
1.65
1.61
1.59
2.52
2.34
2.86
2.19
3.09
3.88
Basic EPS, GAAP
-0.15
0.12
-0.08
0.13
0.42
0.21
0.15
0.12
0.24
-0.44
-0.17
0.42
0.94
1.24
Free Cash Flow per Basic Share
-0.12
0.17
-0.02
0.09
0.14
-0.08
-0.97
- -
-0.02
-0.2
0.27
0.24
0.9
2.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.97
2.12
2.04
2.88
3.53
3.77
3.96
3.94
4.72
4.29
4.04
4.57
5.48
5.97
Tangible Book Value per Share
1.97
2.12
2.04
2.88
3.53
3.77
3.96
3.94
4.72
4.29
4.04
4.57
5.48
5.97
Basic Weighted Avg Shares
126
127
129
137
158
160
160
175
238
291
295
309
307
305
Sales/Revenue/Turnover
137
174
155
210
268
263
257
279
600
681
842
677
947
1,182
Operating Margin (%)
15.7
20.01
15.98
23.14
31.36
26.19
20.25
26.33
23.59
12.18
14.2
24.4
38.98
48.66
Depreciation Expense
20
24
26
33
43
45
46
45
122
173
220
176
191
188
Net Income, GAAP
-19
16
-11
18
66
34
24
22
58
-128
-51
129
287
378
Effective Tax Rate (%)
- -
52.55
- -
62.09
36.82
49.52
45.88
63.44
44.58
- -
- -
36.28
27.84
32.09
Profit Margin (%)
-13.9
8.97
-6.86
8.49
24.73
12.91
9.25
7.73
9.65
-18.8
-6.03
19.01
30.35
31.98
Working Capital
66
82
94
109
212
158
63
152
114
118
90
230
508
557
LT Debt
- -
- -
41
41
40
75
162
171
176
231
205
174
190
203
Total Equity
248
273
264
423
564
603
635
726
1,430
1,289
1,288
1,466
1,735
1,819
Return on Invested Capital (%)
- -
6.04
- -
4.65
12.65
4.75
2.45
2.4
5.92
- -
- -
5.99
15.64
20.72
Return on Capital (%)
- -
6.13
- -
4.84
12.66
5.44
3.31
2.62
5.03
- -
- -
8.26
15.67
19.46
Return on Common Equity (%)
-7.46
6
-3.95
5.2
13.44
5.83
3.84
3.17
5.51
-9.78
-4.09
9.74
18.66
23.19

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
21
21
31
LT Borrowings
134
137
139
LT Finance Leases
56
51
64
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
306
305
296
Market Capitalization
3,084
3,007
2,494

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
765
892
835
Cash, Cash Equivalents & STI
561
676
614
Accounts Receivable, Net
21
17
13
Inventories
123
121
139
Total Current Liabilities
256
281
278
Payables & Accruals
235
260
247
ST Debt
21
21
31
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.92%
23.85%
18.37%
Free Cash Flow
-23%
-106.25%
271.72%
Net Income, GAAP
-52.83%
-88.63%
123.3%
Sales/Revenue/Turnover
24.03%
34.5%
39.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
201
156
182
302
677
2025
195
230
251
270
947
2026
342
318
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.13
0.16
0.04
0.42
2025
0.19
0.12
0.4
0.22
0.94
2026
0.36
0.25
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jorge Alberto Ganoza Durant
Full Time Employees
4,294
Sector
Non-energy minerals
Industry
Precious metals
Address
1111 Melville Street Vancouver BC Canada V6E 3V6
IPO Date
Feb 27, 1992
Business
Fortuna Mining Corp. is a Canadian precious metals mining company engaged in the production and exploration of gold, silver, lead, and zinc. The company operates multiple mines across Latin America and West Africa, specifically in Argentina, Côte d'Ivoire, Peru, Mexico, and Senegal. Its core assets include the Lindero gold mine in Argentina; the Séguéla gold mine in Côte d'Ivoire; the Caylloma silver, lead, and zinc mine in Peru; and the recently divested San Jose silver-gold mine in Mexico. Fortuna formerly operated the Yaramoko gold mine in Burkina Faso but divested this asset in 2025 to optimize its portfolio. The company's operations produce various metal concentrates and refined products, servicing both precious and base metals markets. Recent major developments include Fortuna's strategic exit from Burkina Faso with the sale of its Yaramoko mine to Mauritius-based Soleil Resources International for approximately $130 million to enhance liquidity and focus on growth markets. The company continues advancing the Diamba Sud gold project in Senegal, filing an Environmental and Social Impact Assessment in October 2025 and targeting a construction decision in the first half of 2026 following a strong Preliminary Economic Assessment with a high internal rate of return. Additionally, Fortuna formed a strategic exploration alliance with DeSoto Resources Limited to explore the Siguiri Basin in Guinea and launched a $19 million generative exploration program, complementing a $22 million brownfields exploration budget targeting prospective projects in Côte d'Ivoire, Mexico, and Argentina. The company is also advancing operational expansions, such as plant capacity increases and resource drilling at its Séguéla mine and other sites. Founded in 2004 and headquartered in Vancouver, Canada, Fortuna Mining Corp. operates through distinct business segments managing its diverse mine portfolio across several geographies. Its portfolio prioritizes sustainable production growth through exploration, mine development, and operational excellence. The company maintains regional offices in Lima, Peru, and Abidjan, Côte d'Ivoire, supporting its extensive operations across the Americas and West Africa. Fortuna serves global markets with its precious and base metals products and targets high-value exploration and development projects to drive long-term growth.

Company News

  • Fortuna to release third quarter 2026 financial results on November 4, 2026; Conference call at 12 p.m. Eastern time on November 5, 2026

  • Fortuna intersects 0.96 g/t gold over 350 meters at the Lindero Mine, Argentina

  • National Survey: Growing Number of Payment Options Could Make It More Challenging for Middle-Income Families to See Full Financial Picture

  • Fortuna Mining's Q3 Gold-Equivalent Production Dips Sequentially

  • Fortuna reports third quarter 2026 production of 69,665 gold equivalent ounces and advances key growth initiatives

  • Reviewing Mesabi Trust (NYSE:MSB) & Fortuna Mining (NYSE:FSM)

  • Fortuna Mining (NYSE:FSM) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

  • Fortuna Mining: Undervalued By 169% By 2028 With High Growth Potential

  • Fortuna Mining: Deep Value With 60% Production Growth

  • Fortuna Mining Targets 500,000 Gold Ounces With West Africa Expansion

  • Fortuna CEO to present at Mining Forum Americas 2026

  • Financial Survey: Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) vs. Fortuna Mining (NYSE:FSM)

  • Wall Street Analysts See Fortuna (FSM) as a Buy: Should You Invest?

  • Fortuna Mining Corp (FSM) Stock Up 3.3% but GF Value Says Overvalued -- GF Score: 84/100

  • Fortuna Mining Q2 Earnings Call Highlights

  • Fortuna Reports Results for the Second Quarter 2026

  • Thryv Launches AI-Native Growth Platform for Small Businesses

  • Fortuna Approves 30% Capacity Expansion of the Séguéla Gold Mine in Côte d'Ivoire

  • Fortuna Mining Corp. $FSM Shares Bought by Dimensional Fund Advisors LP

  • Awalé Closes $19 Million Strategic Investment by Predictive Discovery and Fortuna Mining