Financial Survey: Fortuna Mining (FSM) and Its Peers

Fortuna Mining (NYSE:FSM) is one of 1,984 publicly-traded companies in the “Metals & Mining” industry, but how does it weigh in compared to its peers? We will compare Fortuna Mining to similar companies based on the strength of its risk, institutional ownership, valuation, analyst recommendations, dividends, profitability and earnings.

Insider and Institutional Ownership

33.8% of Fortuna Mining shares are owned by institutional investors. Comparatively, 16.1% of shares of all “Metals & Mining” companies are owned by institutional investors. 1.0% of Fortuna Mining shares are owned by insiders. Comparatively, 17.6% of shares of all “Metals & Mining” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Fortuna Mining and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fortuna Mining	31.99%	17.48%	12.88%
Fortuna Mining Competitors	-1,168,050,136,845,918,000.00%	-53.09%	-2.11%

Analyst Ratings

This is a summary of recent ratings for Fortuna Mining and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fortuna Mining	0	1	4	0	2.80
Fortuna Mining Competitors	6397	22575	32271	1793	2.47

Fortuna Mining currently has a consensus target price of $14.00, suggesting a potential upside of 58.01%. As a group, “Metals & Mining” companies have a potential upside of 35.71%. Given Fortuna Mining’s stronger consensus rating and higher probable upside, equities analysts clearly believe Fortuna Mining is more favorable than its peers.

Earnings and Valuation

This table compares Fortuna Mining and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fortuna Mining	$947.06 million	$287.47 million	7.51
Fortuna Mining Competitors	$4.65 billion	$279.69 million	-46.29

Fortuna Mining’s peers have higher revenue, but lower earnings than Fortuna Mining. Fortuna Mining is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Risk and Volatility

Fortuna Mining has a beta of 1.05, suggesting that its stock price is 5% more volatile than the S&P 500. Comparatively, Fortuna Mining’s peers have a beta of 1.03, suggesting that their average stock price is 3% more volatile than the S&P 500.

Summary

Fortuna Mining beats its peers on 10 of the 13 factors compared.

Fortuna Mining Company Profile

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. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.