FY2026 EPS Estimates for Fortuna Mining Boosted by Analyst

Fortuna Mining Corp. (NYSE:FSM) (TSE:FVI) – Equities research analysts at Scotiabank lifted their FY2026 earnings estimates for Fortuna Mining in a report issued on Thursday, February 26th. Scotiabank analyst E. Winmill now anticipates that the basic materials company will post earnings of $1.85 per share for the year, up from their previous estimate of $1.66. Scotiabank has a “Outperform” rating and a $14.00 price objective on the stock. The consensus estimate for Fortuna Mining’s current full-year earnings is $0.51 per share.

Fortuna Mining (NYSE:FSM) (TSE:FVI) last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). The business had revenue of $270.20 million for the quarter. Fortuna Mining had a return on equity of 14.02% and a net margin of 27.59%.

Other research analysts also recently issued research reports about the company. Zacks Research upgraded Fortuna Mining from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. BMO Capital Markets reissued an “outperform” rating on shares of Fortuna Mining in a report on Friday, January 16th. National Bank Financial upgraded shares of Fortuna Mining from a “sector perform” rating to an “outperform” rating in a research report on Monday, November 24th. Wall Street Zen downgraded shares of Fortuna Mining from a “buy” rating to a “hold” rating in a report on Monday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Fortuna Mining in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat.com, Fortuna Mining has an average rating of “Buy” and a consensus target price of $11.00.

Fortuna Mining Stock Down 9.5%

FSM opened at $12.27 on Monday. Fortuna Mining has a fifty-two week low of $4.13 and a fifty-two week high of $13.85. The firm has a market capitalization of $3.75 billion, a P/E ratio of 13.63 and a beta of 0.82. The company’s 50-day moving average is $10.95 and its 200 day moving average is $9.41. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.98 and a quick ratio of 2.50.

Institutional Investors Weigh In On Fortuna Mining

Hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc bought a new stake in Fortuna Mining in the 4th quarter worth approximately $29,000. Advisory Services Network LLC purchased a new position in shares of Fortuna Mining during the third quarter worth approximately $27,000. Geneos Wealth Management Inc. lifted its holdings in shares of Fortuna Mining by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 4,000 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 2,000 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Fortuna Mining by 126.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,813 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 2,691 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in shares of Fortuna Mining by 96.7% in the 2nd quarter. Osaic Holdings Inc. now owns 6,116 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 3,006 shares in the last quarter. 33.80% of the stock is currently owned by institutional investors.

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.