Fortuna Mining (FSM) – Research Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Fortuna Mining (NYSE: FSM):

• 12/23/2025 – Fortuna Mining was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 12/15/2025 – Fortuna Mining had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/15/2025 – Fortuna Mining was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 12/8/2025 – Fortuna Mining had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/7/2025 – Fortuna Mining was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 12/1/2025 – Fortuna Mining had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 11/29/2025 – Fortuna Mining was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 11/24/2025 – Fortuna Mining had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 11/24/2025 – Fortuna Mining was upgraded by analysts at National Bankshares, Inc. from a “sector perform” rating to an “outperform” rating.
• 11/24/2025 – Fortuna Mining was upgraded by analysts at Scotiabank from a “sector perform” rating to an “outperform” rating. They now have a $11.00 price target on the stock, up previously from $10.50.
• 11/17/2025 – Fortuna Mining had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 11/11/2025 – Fortuna Mining had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 11/9/2025 – Fortuna Mining was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 11/1/2025 – Fortuna Mining was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.

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.