FY2026 EPS Estimates for Fortuna Mining Lowered by Analyst

Fortuna Mining Corp. (NYSE:FSM) (TSE:FVI) – Research analysts at Scotiabank decreased their FY2026 EPS estimates for shares of Fortuna Mining in a research note issued on Wednesday, July 15th. Scotiabank analyst E. Winmill now expects that the basic materials company will post earnings of $1.36 per share for the year, down from their prior estimate of $1.43. The consensus estimate for Fortuna Mining’s current full-year earnings is $1.43 per share.

Fortuna Mining (NYSE:FSM) (TSE:FVI) last issued its earnings results on Wednesday, May 6th. The basic materials company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.02). Fortuna Mining had a return on equity of 16.26% and a net margin of 31.07%.The firm had revenue of $342.47 million during the quarter, compared to the consensus estimate of $340.00 million.

A number of other equities analysts have also weighed in on FSM. Wall Street Zen lowered Fortuna Mining from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 12th. Zacks Research raised Fortuna Mining from a “strong sell” rating to a “hold” rating in a research note on Monday. Finally, Weiss Ratings cut Fortuna Mining from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.

Fortuna Mining Price Performance

NYSE:FSM opened at $8.22 on Friday. The business’s 50-day simple moving average is $9.14 and its two-hundred day simple moving average is $10.10. Fortuna Mining has a 52 week low of $6.17 and a 52 week high of $13.85. The stock has a market cap of $2.46 billion, a PE ratio of 7.76 and a beta of 0.99. The company has a quick ratio of 2.74, a current ratio of 3.17 and a debt-to-equity ratio of 0.10.

Institutional Trading of Fortuna Mining

A number of institutional investors and hedge funds have recently bought and sold shares of FSM. SG Americas Securities LLC bought a new position in shares of Fortuna Mining during the 4th quarter valued at about $586,000. U S Global Investors Inc. bought a new stake in shares of Fortuna Mining in the fourth quarter worth about $5,499,000. World Investment Advisors bought a new stake in shares of Fortuna Mining in the fourth quarter worth about $1,415,000. Intact Investment Management Inc. purchased a new stake in shares of Fortuna Mining in the fourth quarter worth about $1,239,000. Finally, Channing Global Advisors LLC purchased a new stake in shares of Fortuna Mining in the first quarter worth about $1,232,000. 33.80% of the stock is currently owned by institutional investors.

About Fortuna Mining

Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire. The company was formerly known as Fortuna Silver Mines Inc and changed its name to Fortuna Mining Corp.