Brokers Offer Predictions for Fortuna Mining FY2026 Earnings

Fortuna Mining Corp. (NYSE:FSM) (TSE:FVI) – Investment analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of Fortuna Mining in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst E. Winmill now expects that the basic materials company will earn $1.06 per share for the year, down from their prior estimate of $1.21. Scotiabank currently has an “Outperform” rating on the stock. The consensus estimate for Fortuna Mining’s current full-year earnings is $1.06 per share.

Fortuna Mining (NYSE:FSM) (TSE:FVI) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The business had revenue of $318.41 million during the quarter, compared to analyst estimates of $325.00 million.

FSM has been the subject of several other research reports. Zacks Research raised Fortuna Mining from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings downgraded shares of Fortuna Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Wall Street Zen lowered shares of Fortuna Mining from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 12th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.

Fortuna Mining Stock Performance

NYSE:FSM opened at $9.55 on Monday. The stock’s 50-day moving average is $11.34 and its 200-day moving average is $10.34. Fortuna Mining has a 1-year low of $7.72 and a 1-year high of $13.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FSM. Public Employees Retirement System of Ohio bought a new stake in shares of Fortuna Mining in the 2nd quarter valued at about $7,076,000. Dimensional Fund Advisors LP raised its position in shares of Fortuna Mining by 5.6% during the first quarter. Dimensional Fund Advisors LP now owns 10,634,157 shares of the basic materials company’s stock worth $105,576,000 after acquiring an additional 567,558 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Fortuna Mining during the first quarter worth about $3,607,000. Royal Bank of Canada raised its position in shares of Fortuna Mining by 33.1% during the first quarter. Royal Bank of Canada now owns 1,394,600 shares of the basic materials company’s stock worth $13,849,000 after acquiring an additional 346,716 shares during the last quarter. Finally, Groupe la Francaise lifted its stake in shares of Fortuna Mining by 47.2% in the first quarter. Groupe la Francaise now owns 1,023,380 shares of the basic materials company’s stock worth $10,141,000 after acquiring an additional 328,380 shares during the period. 33.80% of the stock is owned by institutional investors and hedge funds.

Fortuna Mining Company Profile

Fortuna Mining Corp. is a precious metals mining company that explores, develops and operates mines producing gold and silver. The company’s portfolio also includes polymetallic production, including lead and zinc concentrates from its Caylloma operation in Peru. Fortuna sells its metal production to international smelters and refiners.

Fortuna’s operating portfolio includes the Lindero gold mine in Salta, Argentina; the Séguéla gold mine in Côte d’Ivoire; the Yaramoko gold mine in Burkina Faso; and the Caylloma silver-polymetallic mine in Peru.