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Fortuna Mining Corp. (FSM) stock

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NYSE: FSM NYSE Gold Next results ~November 4, 2026

C Fundamentals grade

Fortuna Mining Corp. is a US-listed company in the gold industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$8.7

Valuation models combined (2)

Base case. Range ~$1.9–$12. Weighted average of 2 models (forward price-to-earnings vs peers, residual income), the forward price-to-earnings vs peers counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds117 adding, 121 cuttingOf 43 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Fortuna Mining files

Where Fortuna Mining stands after its latest Filing

Revenue for the twelve months was $947m, up 39.8% on a year earlier, against a decline of 19.6% a quarter earlier. Free-cash-flow margin rose to 28.5% from 18.4% a year earlier. Operating margin widened to 43.1% from 22.8%. The diluted share count is up 7.8% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 3 of our 3 financial-health checks. Our valuation models combined value is $8.52 a share, against a share price of $8.88.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Fortuna Mining Corp.'s trailing-twelve-month revenue grew 39.8% year on year, with a free-cash-flow margin of 28.5%. Where it stands out: change in growth rate of +59.4pp ranks 4 of 23 gold companies we cover. Where it lags: days sales outstanding of 29 days ranks 15 of 17 gold companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 39.8% (+59.4pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Fast growth. Revenue grew 39.8% over the last 12 months, against a median of 55.1% for gold companies we cover.
  • Growth speeding up. The growth rate is 59.4 points higher than a quarter earlier.
  • High operating margin. 43.1% of revenue is left as operating profit, against a median of 41.2% for gold companies we cover.
  • Margins widening. Operating margin is up 20.1 points on a year ago.
  • Strong cash generation. 28.5% of revenue turned into free cash flow, against a median of 28.2% for gold companies we cover.

Things to watch

  • Share dilution. Diluted shares rose 7.8% in a year.
  • Weak cash conversion. Free cash flow was 67% of net income over the last 12 months.
  • Below peers: days sales outstanding. Days sales outstanding of 29 days ranks 15 of 17 gold companies we cover (median 16 days).
  • Below peers: revenue growth. Revenue growth of 39.8% ranks 19 of 24 gold companies we cover (median 55.1%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 6.0% over 90 days.

Latest results

Earnings per share
$0.24 against an average estimate of $0.29: missed by 18.4%
Next report
November 4, 2026; average EPS estimate $0.14

Fortuna Mining's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.5%
  • 1 week-2.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$947M
Operating margin
43.1%
Net margin
30.4%
EPS (TTM, diluted)
$0.86

Growth

Revenue growth
+39.8%
Change in growth rate
+59.4 pts
Share count change
+7.8%

Cash

Free cash flow (TTM)
$193M
FCF margin
28.5%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for FSM from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Fortuna Mining Corp. as an operating company, with every model that fits that kind of business. Cost of equity 10.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.31 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$12 ~$11–$22 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$1.9 ~$1.2–$2.9 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$0.7 ~$0.6–$0.7 Left out: out of range vs price (0.07x)
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. — Does not apply: earnings are positive: price-to-earnings is the better measure
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$8.7 ~$1.9–$12 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Fortuna Mining Corp. with Gold in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect EPS of $0.14 (range $0.13 to $0.16) for the quarter.

Analysts' consensus

Fortuna Mining Corp.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $1.07 +63% $757m −20%
Next $1.54 +43% — —

Next year's EPS estimate has moved −6.0% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −28.7% on 90 days ago. In the last 30 days, 1 analyst raised Fortuna Mining Corp.'s forecast and 2 cut it.

Consensus EPS forecast Fortuna Mining Corp., last 90 days
$1.00 $1.20 $1.40 $1.60 $1.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.51 Current fiscal year, 60 days ago: $1.43 Current fiscal year, 30 days ago: $1.40 Current fiscal year, 7 days ago: $1.11 Current fiscal year, Now: $1.07 $1.07 Next fiscal year, 90 days ago: $1.63 Next fiscal year, 60 days ago: $1.76 Next fiscal year, 30 days ago: $1.77 Next fiscal year, 7 days ago: $1.54 Next fiscal year, Now: $1.54 $1.54

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.51$1.63
60 days ago $1.43$1.76
30 days ago $1.40$1.77
7 days ago $1.11$1.54
Now $1.07$1.54

Earnings against estimates

Fortuna Mining Corp.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.29 $0.24 −18.4%
Mar 2026 $0.38 $0.35 −7.1%
Dec 2025 $0.23 $0.23 +2.1%
Sept 2025 $0.19 $0.17 −8.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

4 analysts, Nov 2026
Buy375%
Hold125%
Sell00%

Monthly trend

  1. Nov 20262114
  2. Oct 20262114
  3. Sep 20262114

Counts of recommendations published by analysts covering Fortuna Mining Corp., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
—
of tradable shares
Days to cover
3.21
at average volume
Short interest, 1 month
−8%
to October 15, 2026
Held by institutions
80%
of shares
Held by insiders
0.6%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Fortuna Mining Corp. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Fortuna Mining Corp.
$0 $500M $1B FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Revenue (TTM), FY16 Q4: $210.3M Revenue (TTM), FY17 Q4: $268.1M Revenue (TTM), FY18 Q4: $263.3M Revenue (TTM), FY19 Q4: $257.2M Revenue (TTM), FY20 Q4: $279M Revenue (TTM), FY21 Q4: $599.9M Revenue (TTM), FY22 Q4: $681.5M Revenue (TTM), FY23 Q4: $842.4M Revenue (TTM), FY24 Q4: $677.2M Revenue (TTM), FY25 Q4: $947.1M $947.1M

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY16 Q4 $210.3M
FY17 Q4 $268.1M
FY18 Q4 $263.3M
FY19 Q4 $257.2M
FY20 Q4 $279M
FY21 Q4 $599.9M
FY22 Q4 $681.5M
FY23 Q4 $842.4M
FY24 Q4 $677.2M
FY25 Q4 $947.1M
Revenue growth, TTM YoY Fortuna Mining Corp.
-50% 0% 50% 100% 150% FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue growth, TTM YoY, FY17 Q4: 27.5% Revenue growth, TTM YoY, FY18 Q4: -1.8% Revenue growth, TTM YoY, FY19 Q4: -2.3% Revenue growth, TTM YoY, FY20 Q4: 8.5% Revenue growth, TTM YoY, FY21 Q4: 115.0% Revenue growth, TTM YoY, FY22 Q4: 13.6% Revenue growth, TTM YoY, FY23 Q4: 23.6% Revenue growth, TTM YoY, FY24 Q4: -19.6% Revenue growth, TTM YoY, FY25 Q4: 39.8% 39.8%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY17 Q4 27.5%
FY18 Q4 -1.8%
FY19 Q4 -2.3%
FY20 Q4 8.5%
FY21 Q4 115.0%
FY22 Q4 13.6%
FY23 Q4 23.6%
FY24 Q4 -19.6%
FY25 Q4 39.8%
Operating margin (TTM) Fortuna Mining Corp.
-20% 0% 20% 40% 60% FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Operating margin (TTM), FY16 Q4: 23.1% Operating margin (TTM), FY17 Q4: 41.1% Operating margin (TTM), FY18 Q4: 23.4% Operating margin (TTM), FY19 Q4: 13.3% Operating margin (TTM), FY20 Q4: 20.5% Operating margin (TTM), FY21 Q4: 22.8% Operating margin (TTM), FY22 Q4: -16.7% Operating margin (TTM), FY23 Q4: -0.0% Operating margin (TTM), FY24 Q4: 23.1% Operating margin (TTM), FY25 Q4: 43.1% 43.1%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY16 Q4 23.1%
FY17 Q4 41.1%
FY18 Q4 23.4%
FY19 Q4 13.3%
FY20 Q4 20.5%
FY21 Q4 22.8%
FY22 Q4 -16.7%
FY23 Q4 -0.0%
FY24 Q4 23.1%
FY25 Q4 43.1%
FCF margin (TTM) Fortuna Mining Corp.
0% 10% 20% 30% FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY24 Q4 FCF margin (TTM), FY16 Q4: 9.5% FCF margin (TTM), FY17 Q4: 10.5% FCF margin (TTM), FY18 Q4: 14.8% FCF margin (TTM), FY19 Q4: 6.1% FCF margin (TTM), FY20 Q4: 18.4% FCF margin (TTM), FY21 Q4: 4.3% FCF margin (TTM), FY22 Q4: 3.3% FCF margin (TTM), FY23 Q4: 9.6% FCF margin (TTM), FY24 Q4: 28.5% 28.5%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY16 Q4 9.5%
FY17 Q4 10.5%
FY18 Q4 14.8%
FY19 Q4 6.1%
FY20 Q4 18.4%
FY21 Q4 4.3%
FY22 Q4 3.3%
FY23 Q4 9.6%
FY24 Q4 28.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 40-F. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Fortuna Mining took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $947M
  2. Cost of revenue $480M · 50.7%
  3. Gross profit $467M · 49.3%
  4. Other operating costs $58.5M · 6.2%
  5. Operating income $408M · 43.1%
  6. Income tax $111M · 11.8%
  7. Interest and other $9.5M · 1.0%
  8. Net income $287M · 30.4%
Where Fortuna Mining's revenue went, FY2025
Revenue $947M
Cost of revenue $480M 50.7% of revenue
Gross profit $467M 49.3% of revenue
Other operating costs $58.5M 6.2% of revenue
Operating income $408M 43.1% of revenue
Income tax $111M 11.8% of revenue
Interest and other $9.5M 1.0% of revenue
Net income $287M 30.4% of revenue

Shares of revenue. Source: Fortuna Mining's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fortuna Mining Corp.: annual financial statements
Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 210 268 263 257 279 600 681 842 677 947
Gross profit 81 110 97 85 110 205 147 190 233 467
EBITDA 81 152 106 79 99 258 58 216 329 598
Operating income 49 110 62 34 57 137 −114 −0 156 408
Net income 18 66 34 24 22 58 −128 −51 129 287
Diluted EPS $0.13 $0.42 $0.21 $0.14 $0.12 $0.23 −$0.44 −$0.17 $0.41 $0.90
Growth (year on year)
Revenue — +27.5% −1.8% −2.3% +8.5% +115.0% +13.6% +23.6% −19.6% +39.8%
EBITDA — +87.6% −30.4% −25.9% +26.5% +159.5% −77.6% +272.8% +52.2% +82.1%
Operating income — +127.3% −44.2% −44.5% +67.4% +139.1% −183.0% — — +161.5%
Net income — +271.3% −48.7% −30.0% −9.4% +168.5% −321.4% — — +123.3%
Diluted EPS — +223.1% −50.0% −33.3% −14.3% +91.7% −291.3% — — +119.5%
Margins
Gross margin 38.3% 40.9% 36.7% 32.9% 39.5% 34.3% 21.5% 22.6% 34.5% 49.3%
EBITDA margin 38.6% 56.9% 40.3% 30.5% 35.6% 43.0% 8.5% 25.6% 48.5% 63.2%
Operating margin 23.1% 41.1% 23.4% 13.3% 20.5% 22.8% −16.7% −0.0% 23.1% 43.1%
Net margin 8.5% 24.7% 12.9% 9.3% 7.7% 9.6% −18.8% −6.0% 19.0% 30.4%
Cash flow
Cash from operations 53 70 83 60 93 147 194 297 366 —
Balance sheet
Cash 82 183 91 83 132 107 80 128 231 554
Total debt 0 0 0 0 0 0 0 44 0 0
Net debt (negative = net cash) −82 −183 −91 −83 −132 −107 −80 −84 −231 −554
Diluted shares 138m 158m 162m 165m 186m 249m 291m 295m 311m 335m
Returned to shareholders
Buybacks — — — — — — 6 — 34 10
Total returned — — — — — — 6 — 34 10

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 3 checks passed · December 31, 2025
What it owns · $2.4bn
Short-term assets $765mLonger-term assets $1.6bn
What it owes, and who funded it · $2.3bn
Short-term liabilities $256mLonger-term liabilities $369mShareholders' equity $1.7bn
  • Short-term assets cover short-term liabilities $765m of assets due within a year against $256m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $765m short-term assets against $369m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of $408m against $6m of interest.

From Fortuna Mining Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$10.3M
Returned to shareholders
18%
of free cash flow
Buybacks, last 3 fiscal years
$50.3M
Diluted share count
+7.8%
year over year
Days sales outstanding
29 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in gold
Growth, margins and cash generation against peers
Last 12 months unless stated FSM ARIS AUGO DRD RGLD AGI Median
Revenue, last 12 months $947m $928m $922m $661m $1.5bn $1.8bn $1.8bn
Revenue growth, last 12 months 39.8% 81.7% 55.1% 52.3% 93.5% 34.3% 53.7%
Gross margin 49.3% 55.3% 58.0% 53.5% 66.8% 55.2% 51.2%
Operating margin 43.1% 38.7% — 51.4% 61.4% 60.7% 41.2%
Operating margin, 3-year average 35.7% — — 26.3% 59.6% 24.3% 26.0%
Net margin 30.4% 8.4% −8.6% 38.1% 47.7% 49.0% 30.0%
Cash from operations / revenue 54.0% 40.2% — 50.9% 67.5% 44.0% 45.3%
Free-cash-flow margin 28.5% 13.9% — 19.2% 48.1% 15.9% 27.1%
Free-cash-flow margin, 3-year average 18.8% — — 13.8% 50.2% 5.7% 13.8%
Stock pay / revenue — 4.5% — 0.4% 0.8% 3.7% 0.8%
Change in share count 7.8% 20.5% 8.4% 0.4% 20.3% 3.0% 2.9%

Median of all 24 companies we cover in gold. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

24 gold companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 39.8% 55.1% 19 of 24
Change in growth rate Growth +59.4pp +20.4pp 4 of 23
Gross margin Profitability 49.3% 53.5% 14 of 21
Operating margin Profitability 43.1% 41.2% 8 of 18
Net margin Profitability 30.4% 30.4% 12 of 24
Free-cash-flow margin Cash generation 28.5% 28.2% 10 of 22
Change in share count Balance sheet 7.8% 3.0% 16 of 24
Days sales outstanding Balance sheet 29 days 16 days 15 of 17

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$1.7B
Institutions reporting
243
Shares held vs prior quarter
▼ 4.1%
Positions opened / closed
33 / 41

Top buyers and sellers, Q2 2026: 117 institutions bought and 121 sold ; the biggest buyer was Davenport & Co LLC (+1.6M shares) and the biggest seller Arrowstreet Capital, Limited Partnership (−8.4M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Van Eck Associates Corp $177M 21.0M 10.7% ▲ 0.5%
Mirae Asset Global Etfs Holdings Ltd. $127M 15.0M 7.7% ▼ 13.3%
Acadian Asset Management LLC $101M 12.0M 6.1% ▲ 0.3%
Dimensional Fund Advisors LP $89.2M 10.6M 5.4% ▼ 0.7%
Vanguard Capital Management LLC $74.7M 8.8M 4.5% ▲ 0.7%
American Century Companies Inc $72.1M 8.5M 4.4% ▼ 2.7%
D. E. Shaw & Co., Inc. $67.4M 8.0M 4.1% ▲ 9.4%
Arrowstreet Capital, Limited Partnership $55.4M 6.6M 3.3% ▼ 56.1%
Morgan Stanley $44.7M 5.3M 2.7% ▼ 15.5%
Barclays PLC $44.6M 5.3M 2.7% ▲ 38.5%
Two Sigma Investments, LP $44.3M 5.2M 2.7% ▼ 4.1%
Euro Pacific Asset Management, LLC $38.4M 4.5M 2.3% ▲ 0.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Fortuna Mining Corp.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Fortuna Mining Corp. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Fortuna Mining Corp. in brief

What does Fortuna Mining Corp. do?
Fortuna Mining Corp. is a US-listed company in the gold industry. Its financial year ends in December.
What is Fortuna Mining Corp.'s stock ticker?
Fortuna Mining Corp. trades under the ticker FSM on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Fortuna Mining Corp.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Fortuna Mining Corp. reported revenue of $947M, 39.8% higher than a year earlier, according to its SEC filings.
What is Fortuna Mining Corp.'s free cash flow?
Fortuna Mining Corp.'s free-cash-flow margin is 28.5% of revenue over the trailing twelve months, ranking 10 of the 22 gold companies we cover.
Who are Fortuna Mining Corp.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Van Eck Associates Corp, Mirae Asset Global Etfs Holdings Ltd. and Acadian Asset Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Fortuna Mining Corp. buying back stock, and does it pay a dividend?
Fortuna Mining Corp. spent $10.3M on share repurchases over the trailing twelve months, and its diluted share count still rose 7.8% over the year.
Who are Fortuna Mining Corp.'s competitors?
In our Gold peer group, the companies closest to Fortuna Mining Corp. are Aris Mining Corp, Aura Minerals Inc., Drdgold LTD, Royal Gold Inc and Alamos Gold Inc. The side-by-side comparison below sets their revenue, margins and growth against Fortuna Mining Corp.'s.
When is Fortuna Mining Corp.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Fortuna Mining Corp. announces its own schedule.