NYSE · FSM
Fortuna Mining Corp.
Basic Materials · Gold
$11.18▼ 0.58% ($0.06)today
As of 12:05 PM ET
Market cap
$3.39B
P/E
9.68
EPS (TTM)
$1.15
Next earnings
Nov 4, 2026
Valuation
Revenue & margin DCF
Verdict: fairly priced. Price between Bear and Base.
The price needs 14.3% revenue growth a year for 10 years. Our scenarios assume 11.4–19.7%.
That's about its past 4-year pace of 12.5%.
Value per share
Base case
$12.61
Price used $11.18 is 11% below this
USD · TTM ending Jun 30, 2026 · Price Oct 1, 4:05 PM UTC
Revenue each value needs
Revenue today $1.2B. The price needs $4.5B by 2036. Base case: $5.1B. At its recent pace: $3.8B. Bear to Bull: $3.5B to $7.1B.
Revenue today $1.2B. The price needs $4.5B by 2036. Base case: $5.1B. At its recent pace: $3.8B. Bear to Bull: $3.5B to $7.1B.
Revenue in 2036
today $1.2B
−$606Mless than the Base case
Value per share · Base case
$12.61
Price $11.18
11% below this
- 10-yr revenue CAGR
- 15.8%
- Ending operating margin
- 30.0%
- Discount rate
- 16.7%
USD · TTM ending Jun 30, 2026 · Price Oct 1, 4:05 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 25.48% over the last year. Revenue grew 7.89% over the trailing twelve months. Operating margin moved from 27.43% to 52.46%. Free cash flow grew 74.98% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 19th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 52.46%. Revenue grew 7.89% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Return analysis
Company profile
Fortuna Silver Mines Inc. specializes in the procurement, prospecting, and mining of precious and base metals.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
4
Buy
1
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 4, 2026
Q3 FY26 · EPS est $0.38 · Revenue est $343.39M
View
Institutional Sentiment
Fortuna Mining Corp. · FSM
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.