FY2026 EPS Estimates for Fortuna Mining Decreased by Analyst

Fortuna Mining Corp. (NYSE:FSM) (TSE:FVI) – Investment analysts at Scotiabank decreased their FY2026 EPS estimates for Fortuna Mining in a research note issued to investors on Thursday, July 23rd. Scotiabank analyst E. Winmill now forecasts that the basic materials company will earn $1.32 per share for the year, down from their prior estimate of $1.36. The consensus estimate for Fortuna Mining’s current full-year earnings is $1.36 per share.

A number of other brokerages have also commented on FSM. Weiss Ratings lowered Fortuna Mining from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. Wall Street Zen lowered Fortuna Mining from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Zacks Research raised Fortuna Mining from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $14.00.

Fortuna Mining Price Performance

Shares of NYSE:FSM opened at $8.40 on Friday. Fortuna Mining has a fifty-two week low of $6.17 and a fifty-two week high of $13.85. The business has a 50-day moving average of $8.90 and a two-hundred day moving average of $10.05. The stock has a market capitalization of $2.52 billion, a P/E ratio of 7.93 and a beta of 0.99. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.17 and a quick ratio of 2.74.

Fortuna Mining (NYSE:FSM) (TSE:FVI) last posted its earnings results on Wednesday, May 6th. The basic materials company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.02). Fortuna Mining had a return on equity of 16.26% and a net margin of 31.07%.The business had revenue of $342.47 million for the quarter, compared to analyst estimates of $340.00 million.

Institutional Investors Weigh In On Fortuna Mining

A number of hedge funds have recently bought and sold shares of the company. Centric Wealth Management grew its stake in shares of Fortuna Mining by 10.0% in the 4th quarter. Centric Wealth Management now owns 11,000 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 1,000 shares during the period. Federation des caisses Desjardins du Quebec raised its holdings in shares of Fortuna Mining by 1.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 158,579 shares of the basic materials company’s stock worth $1,554,000 after buying an additional 1,500 shares in the last quarter. DGS Capital Management LLC lifted its position in shares of Fortuna Mining by 15.8% during the 1st quarter. DGS Capital Management LLC now owns 12,103 shares of the basic materials company’s stock worth $120,000 after buying an additional 1,649 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Fortuna Mining by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,000 shares of the basic materials company’s stock worth $26,000 after buying an additional 2,000 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Fortuna Mining by 22.2% in the 4th quarter. Cetera Investment Advisers now owns 14,343 shares of the basic materials company’s stock valued at $141,000 after buying an additional 2,605 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.