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Fortuna Mining Corp. (FSM)

Basic Materials | Gold | Vancouver, Canada | NYSE
8.37 USD -0.15 (-1.761%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:05 a.m. EDT

Fortuna Mining presents a compelling asymmetric setup where strong operational momentum meets a depressed valuation. Fundamentally, the company is executing flawlessly with 75% revenue growth and robust free cash flow, yet the stock trades at a discount to its 200-day average, creating a clear value gap. The lack of a dividend is irrelevant here; this is a pure growth story driven by production expansion in Senegal and the imminent permitting of the Diamba Sud project. While the statistical forecast model offers only a weak lean upward due to recent volatility, the options market is screaming bullishness, with massive call open interest at strikes significantly above the current price. This divergence suggests the market is pricing in a re-rating based on the upcoming catalysts. The risk of a multi-year decline is absent as the latest year shows positive growth, making this a high-conviction swing trade with long-term upside potential.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_115 ✓0.088180
MSTL_90_1150.110583
MSTL0.133179
AutoETS0.134553
AutoARIMA0.134556
AutoTheta0.148008
MSTL_900.158554

Forecast horizon: 60 days | Selected: MSTL_115

Forecast Reliability
Score 36%
H-stat 4.26
Ljung-Box p 0.000
Jarque-Bera p 0.543
Excess Kurtosis -0.70
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 11.379
Revenue per Share 3.57
Market Cap 2,535,753,216
Trailing P/E 7.75
Forward P/E 5.00
Beta 2.12
Profit Margins 31.06%
Previous Name Fortuna Silver Mines Inc.
Website https://www.fortunamining.com

As of July 11, 2026, 6:05 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by heavy open interest in out-of-the-money calls (strikes 12.5 and 17.5) compared to puts. While there is some defensive put buying at the 10.0 strike, the volume skew is overwhelmingly bullish, suggesting traders expect the stock to break above its recent consolidation range toward the analyst targets.


Info Dump

Attribute Value
52 Week Change 0.29483283
Address1 1,111 Melville Street
Address2 Suite 820
All Time High 13.85
All Time Low 0.31
Ask 0.0
Ask Size 11,800
Audit Risk 9
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 4,200,290
Average Daily Volume3 Month 5,218,700
Average Volume 5,218,700
Average Volume10Days 4,200,290
Beta 2.122
Bid 0.0
Bid Size 14,600
Board Risk 5
Book Value 5.822
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 8.37
Current Ratio 3.173
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.456
Day Low 8.26
Debt To Equity 11.379
Display Name Fortuna Mining
Earnings Call Timestamp End 1,778,169,600
Earnings Call Timestamp Start 1,778,169,600
Earnings Growth 0.816
Earnings Quarterly Growth 0.897
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 675,673,984
Ebitda Margins 0.61734
Enterprise To Ebitda 3.162
Enterprise To Revenue 1.952
Enterprise Value 2,136,552,320
Eps Current Year 1.5975
Eps Forward 1.675
Eps Trailing Twelve Months 1.08
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.2686
Fifty Day Average Change -0.8986006
Fifty Day Average Change Percent -0.09695105
Fifty Two Week Change Percent 29.483282
Fifty Two Week High 13.85
Fifty Two Week High Change -5.4800005
Fifty Two Week High Change Percent -0.39566788
Fifty Two Week Low 6.17
Fifty Two Week Low Change 2.1999998
Fifty Two Week Low Change Percent 0.356564
Fifty Two Week Range 6.17 - 13.85
Financial Currency USD
First Trade Date Milliseconds 1,168,266,600,000
Float Shares 299,670,299
Forward Eps 1.675
Forward P E 4.997015
Free Cashflow 369,310,112
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.54673
Gross Profits 598,390,976
Has Pre Post Market Data 1
Held Percent Insiders 0.0061000003
Held Percent Institutions 0.79679
Implied Shares Outstanding 302,957,387
Industry Gold
Industry Disp Gold
Industry Key gold
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Fortuna Mining Corp. engages in the precious and base metal mining and related activities in Argentina, Côte d'Ivoire, Mexico, Peru, and Senegal. The company operates through Mansfield, Sango, and Bateas segments. It operates the Lindero gold mine and the Séguéla gold mine, as well as the Caylloma silver, lead, and zinc mine. 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.
Long Name Fortuna Mining Corp.
Market us_market
Market Cap 2,535,753,216
Market State PRE
Max Age 86,400
Message Board Id finmb_3474768
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common 343,612,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,526,601,015
Number Of Analyst Opinions 1
Open 8.37
Operating Cashflow 550,329,984
Operating Margins 0.53027
Overall Risk 7
Payout Ratio 0.0
Phone 604 484 4085
Pre Market Change 0.13000011
Pre Market Change Percent 1.5531675
Pre Market Price 8.5
Pre Market Time 1,784,016,236
Prev Name Fortuna Silver Mines Inc.
Previous Close 8.52
Price Eps Current Year 5.2394366
Price Hint 2
Price To Book 1.4376503
Price To Sales Trailing12 Months 2.316829
Profit Margins 0.31062
Quick Ratio 2.619
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.150001
Regular Market Change Percent -1.76057
Regular Market Day High 8.456
Regular Market Day Low 8.26
Regular Market Day Range 8.26 - 8.456
Regular Market Open 8.37
Regular Market Previous Close 8.52
Regular Market Price 8.37
Regular Market Time 1,783,972,803
Regular Market Volume 4,402,379
Return On Assets 0.1446
Return On Equity 0.21956
Revenue Growth 0.756
Revenue Per Share 3.57
Sand P52 Week Change 0.20847368
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 4
Shares Outstanding 302,957,387
Shares Percent Shares Out 0.0573
Shares Short 16,707,623
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 17,039,746
Short Name Fortuna Mining Corp.
Short Ratio 3.33
Source Interval 15
State BC
Symbol FSM
Target High Price 14.0
Target Low Price 14.0
Target Mean Price 14.0
Target Median Price 14.0
Total Cash 675,820,992
Total Cash Per Share 2.231
Total Debt 209,399,008
Total Revenue 1,094,493,056
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.08
Trailing P E 7.7499995
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.74635
Two Hundred Day Average Change -1.3763504
Two Hundred Day Average Change Percent -0.14121701
Type Disp Equity
Volume 4,402,379
Website https://www.fortunamining.com
Zip V6E 3V6