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Fortuna Mining Corp.

NYSE:FSM

$8.51 USD

$0.14 (1.67%)

Volume
4.3M
Average Volume
5.19M
Market Capitalization
$2.58B
P/E Ratio
7.67
Dividend Yield
0.00%
Price Target
$14.00
Year High
$13.85
Year Low
$6.17
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$3.17
Source Headline
Fortuna Files Feasibility Study Technical Report for the Diamba Sud Gold Project, Senegal

VANCOUVER, British Columbia, July 13, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce that, in accordance with National Instrument 43-101 -  Standards of Disclosure for Mineral Projects, it has filed a technical report entitled “Diamba Sud Gold Project, Kédougou Region, Senegal”, with an effective date of June 30, 2026  (the “Technical Report”), supporting the results of the Feasibility Study previously announced in Fortuna's news release dated June 29, 2026 . The Technical Report is available on the Company's website , and on SEDAR+ and on EDGAR under the Company's profile.

globenewswire.com - 2026-07-13 17:00:00

Fortuna Mining: Positive Catalysts Keep Building

Fortuna Mining remains a Buy as its gold-focused pivot advances, supported by robust financials and promising project developments. Q1 2026 saw realized gold and silver prices surge, driving a 222% increase in operating income and 161% higher free cash flow, despite elevated AISC. FSM's Senegal Diamba Sud project targets 158,000 oz annual gold production at $1,332/oz AISC, with first output expected Q2 2028 and a $1B NPV.

seekingalpha.com - 2026-07-13 05:05:29

Fortuna Mining's H1 Gold-Equivalent Production Hits 145,089 Ounces

FSM's H1 output reaches 145,089 GEO, surpassing half of its 2026 guidance as steady Q2 production keeps the miner on track for its 2026 target.

zacks.com - 2026-07-10 11:22:10

Fortuna reports second quarter 2026 production of 72,217 gold equivalent ounces and advances key growth initiatives

VANCOUVER, British Columbia, July 09, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the second quarter and first half of 2026 from its three operating mines in West Africa and Latin America, and provides updates on growth initiatives, capital allocation, safety, and key operating activities across its portfolio. All figures presented in this news release are expressed in U.S. dollars, unless otherwise indicated.

globenewswire.com - 2026-07-09 05:00:00

Fortuna delivers robust Feasibility Study for the Diamba Sud Gold Project in Senegal: After-tax IRR of 60% and NPV5% of US$1 billion using US$3,500/oz

(All financial information contained herein are expressed in US dollars unless otherwise stated) VANCOUVER, British Columbia, June 29, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces positive results from the feasibility study (“FS”) for its Diamba Sud Gold Project in Senegal, confirming an economically robust open-pit conventional carbon-in-leach (“CIL”) gold mine and advancing one of Fortuna's key growth opportunities. Jorge A. Ganoza, President and CEO of Fortuna, commented, “Diamba Sud is a standout growth project with high returns, fast payback, and is expected to be our lowest-cost mine.

globenewswire.com - 2026-06-29 17:15:00

New Strong Sell Stocks for June 26th

CHWY, FSM and MHO have been added to the Zacks Rank #5 (Strong Sell) List on June 26th, 2026.

zacks.com - 2026-06-26 06:01:08

Fortuna reports voting results of its 2026 annual general meeting of shareholders

VANCOUVER, British Columbia, June 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces the voting results from its 2026 annual general meeting of shareholders held earlier today. A total of 202,415,038 common shares were represented at the meeting, accounting for 66.81% of Fortuna's issued and outstanding shares as of the record date.

globenewswire.com - 2026-06-25 19:02:00

FSM Advances Diamba Sud Project With Environmental Approval

Fortuna Mining secures environmental approval for Senegal's Diamba Sud Gold Mine, clearing a key hurdle as the project advances toward feasibility completion.

zacks.com - 2026-06-17 10:25:34

Fortuna obtains key environmental approval for Diamba Sud Gold Project in Senegal

VANCOUVER, British Columbia, June 15, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that the Company has received the environmental decree from Senegal's Ministry of Environment and Ecological Transition approving the Environmental and Social Impact Assessment for the Diamba Sud Gold Mine. This authorization certifies that the project complies with all applicable environmental regulations and has been socially accepted by the project's stakeholders.

globenewswire.com - 2026-06-15 05:00:00

Fortuna publishes its 2025 Sustainability Report

VANCOUVER, British Columbia, May 28, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce the publication of its eighth annual Sustainability Report, highlighting 2025 progress across governance, corporate strategy, risk management, and operational performance. The report outlines Fortuna's continued focus on the sustainability priorities most material to its business and stakeholders, reflecting a year of portfolio consolidation, strengthened systems, and operational discipline.

globenewswire.com - 2026-05-28 05:00:00

Fortuna publishes its 2025 Sustainability Report

VANCOUVER, British Columbia, May 28, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce the publication of its eighth annual Sustainability Report, highlighting 2025 progress across governance, corporate strategy, risk management, and operational performance.

globenewswire.com - 2026-05-28 05:00:00

NEC completes construction of approximately 2,250 km EMCS submarine cable linking Pacific island nations

TOKYO, May 15, 2026 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has completed construction of the East Micronesia Cable System (EMCS), a submarine cable

gurufocus.com - 2026-05-15 05:00:00

Fortuna Mining Q1 Earnings Call Highlights

Fortuna Mining NYSE: FSM reported what executives described as a record first quarter of 2026, citing higher realized precious metals prices, stable operating execution and strong cash generation across its mines in West Africa and Latin America.

marketbeat.com - 2026-05-10 08:10:26

Fortuna Mining Corp. (FVI:CA) Q1 2026 Earnings Call Transcript

Fortuna Mining Corp. (FVI:CA) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-07 17:21:18

Fortuna Reports Results for the First Quarter 2026

(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, May 06, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the first quarter of 2026.

globenewswire.com - 2026-05-06 21:48:49

Fortuna Reports Results for the First Quarter 2026

(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) Fortuna generates record quarterly free cash flow 1 of $174.0 million and adjusted attributable net income 1 of $111.0 million   VANCOUVER, British Columbia, May 06, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp.  (NYSE: FSM | TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the first quarter of 2026. (Results from the Company's San Jose and Yaramoko assets have been excluded from the 2025 comparative figures, due to the classification of the assets as discontinued in the previous period.

globenewswire.com - 2026-05-06 21:48:00

Fortuna Mining: Valuation Starting To Improve

Fortuna Mining put together solid results in 2025 despite setbacks at Lindero and had another strong quarter in Q1'26 at Seguela, tracking well against annual guidance. Meanwhile, although recent non-core asset sales have been a dent in per share metrics, two growth projects are set to push production towards 500,00 GEOs by 2029. On a negative note, this growth comes entirely from West Africa, which has put severe pressure on FSM's multiples even as free cash flow per share continues to climb.

seekingalpha.com - 2026-05-01 11:42:23

How to Play Pan American Silver Stock Ahead of Q1 Earnings Release?

PAAS gears up for Q1 earnings release with soaring sales and profit estimates, but mixed production trends and neutral indicators cloud near-term upside.

zacks.com - 2026-04-29 11:46:13

Fortuna Reports 15% Increase YoY in Consolidated Mineral Reserves and updates estimate of Sunbird deposit, Séguéla

VANCOUVER, British Columbia, April 23, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) provides updated consolidated Mineral Reserve and Mineral Resource estimates for its operating mines and projects in West Africa and Latin America. Fortuna successfully increased Mineral Reserves by 15% year-over-year, after accounting for production related depletion. In addition, an updated estimate for Séguéla as of March 31, 2026, reported an increase of 34% in underground Mineral Reserves and a 55% increase in Inferred Mineral Resources for the Sunbird deposit as a result of the successful infill and exploration drilling program executed in the second half of 2025. All dollar amounts in this news release are expressed in US dollars, unless otherwise indicated.

globenewswire.com - 2026-04-23 05:00:00

Fortuna to release first quarter 2026 financial results on May 6, 2026; Conference call at 12 p.m. Eastern time on May 7, 2026

VANCOUVER, British Columbia, April 22, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that it will release its financial statements and MD&A for the first quarter of 2026 on Wednesday, May 6, 2026, after market close.

globenewswire.com - 2026-04-22 05:00:00

Fortuna Establishes Presence in the Guyana Shield Through Quartzstone Earn-In Agreement

VANCOUVER, British Columbia, April 20, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce it has entered into an earn-in agreement with Qstone Inc. , a private Guyanese company, pursuant to which Fortuna may earn up to a 70% interest in the Quartzstone Project, a large land package comprising 29,600 hectares located in the greenstone belt of north central Guyana.

globenewswire.com - 2026-04-20 05:00:00

Fortuna Establishes Presence in the Guyana Shield Through Quartzstone Earn-In Agreement

VANCOUVER, British Columbia, April 20, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce it has entered into an earn-in agreement with Qstone Inc., a private Guyanese company, pursuant to which Fortuna may earn up to a 70% interest in the Quartzstone Project, a large land package comprising 29,600 hectares located in the greenstone belt of north central Guyana.

globenewswire.com - 2026-04-20 05:00:00

Fortuna Renews Share Buyback Program

VANCOUVER, British Columbia, April 17, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (TSX: FVI) (NYSE: FSM) (“Fortuna” or the “Company”) announced today that its Board of Directors has approved the renewal of its normal course issuer bid (“NCIB”) to purchase up to five percent of its outstanding common shares as at April 10, 2026. An aggregate of up to 15,227,869 common shares, representing five percent of the Company's outstanding 304,557,387 common shares as of April 10, 2026, have been authorized for repurchase commencing on May 4, 2026.

globenewswire.com - 2026-04-17 05:00:00

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FSM Price Target Summary

Last Month

$0.00

0 analysts

Last Quarter

$0.00

0 analysts

Last Year

$11.00

4 analysts

All Time

$9.42

6 analysts

FSM Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2026-01-26 Scotiabank Maintain Sector Outperform Sector Outperform
2025-10-23 Scotiabank Maintain Sector Perform Sector Perform
2025-10-16 Scotiabank Maintain Sector Perform Sector Perform
2025-08-06 Scotiabank Maintain Sector Perform Sector Perform
2025-07-15 CIBC Maintain Underperform Underperform
2025-04-14 Scotiabank Maintain Sector Perform Sector Perform
2025-01-15 Scotiabank Maintain Sector Perform Sector Perform
2024-05-23 Scotiabank Maintain Sector Perform Sector Perform
2024-04-08 Scotiabank Maintain Sector Perform Sector Perform
2024-03-12 National Bank Financial Inc Maintain Sector Perform Sector Perform
2022-01-18 Canaccord Genuity Upgrade Hold Buy
2019-09-10 Scotiabank Upgrade Sector Perform Sector Outperform
2017-11-21 Raymond James Downgrade Strong Buy Outperform
2017-04-05 Raymond James Upgrade Outperform Strong Buy
2017-03-31 BMO Capital Upgrade Market Perform Outperform
2016-05-12 BMO Capital Downgrade Outperform Market Perform
2016-03-14 Raymond James Downgrade Strong Buy Outperform
2016-02-16 Canaccord Genuity Downgrade Buy Hold
2015-04-20 Raymond James Upgrade Outperform Strong Buy
2013-07-10 CIBC Downgrade Sector Outperform Sector Perform
2013-07-01 BMO Capital Downgrade Market Perform Underperform
2012-07-11 BMO Capital Downgrade Outperform Market Perform
2012-04-02 Scotiabank Maintain Sector Perform Sector Perform