National Bank Financial Weighs in on Fortuna Mining Q2 Earnings

Fortuna Mining Corp. (NYSE:FSM) (TSE:FVI) – Research analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for Fortuna Mining in a report released on Tuesday, July 15th. National Bank Financial analyst M. Sidibe forecasts that the basic materials company will post earnings per share of $0.22 for the quarter. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Fortuna Mining’s current full-year earnings is $0.51 per share. National Bank Financial also issued estimates for Fortuna Mining’s FY2025 earnings at $0.88 EPS.

Fortuna Mining (NYSE:FSM) (TSE:FVI) last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). Fortuna Mining had a net margin of 14.28% and a return on equity of 12.94%. The business had revenue of $290.15 million during the quarter, compared to analysts’ expectations of $291.00 million.

A number of other brokerages have also recently issued reports on FSM. CIBC raised their price objective on Fortuna Mining from $7.00 to $8.00 and gave the company an “underperformer” rating in a research note on Tuesday. National Bankshares restated a “sector perform” rating on shares of Fortuna Mining in a report on Tuesday, June 24th. Finally, Scotiabank lifted their price target on Fortuna Mining from $6.00 to $7.00 and gave the stock a “sector perform” rating in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat.com, Fortuna Mining currently has an average rating of “Hold” and a consensus price target of $7.50.

Fortuna Mining Price Performance

FSM stock opened at $6.42 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.56 and a current ratio of 2.04. The firm has a market cap of $1.97 billion, a P/E ratio of 12.58 and a beta of 0.94. The firm’s fifty day moving average is $6.38 and its 200 day moving average is $5.66. Fortuna Mining has a 52 week low of $3.86 and a 52 week high of $7.55.

Hedge Funds Weigh In On Fortuna Mining

Hedge funds and other institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC increased its holdings in Fortuna Mining by 10.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 20,456 shares of the basic materials company’s stock valued at $88,000 after purchasing an additional 2,000 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of Fortuna Mining by 24.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 12,440 shares of the basic materials company’s stock worth $53,000 after buying an additional 2,440 shares during the last quarter. Klein Pavlis & Peasley Financial Inc. grew its position in shares of Fortuna Mining by 2.4% in the 2nd quarter. Klein Pavlis & Peasley Financial Inc. now owns 122,877 shares of the basic materials company’s stock worth $804,000 after buying an additional 2,887 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Fortuna Mining by 0.9% during the first quarter. NewEdge Advisors LLC now owns 383,400 shares of the basic materials company’s stock valued at $2,339,000 after buying an additional 3,600 shares during the period. Finally, Optiver Holding B.V. bought a new position in shares of Fortuna Mining during the fourth quarter valued at approximately $26,000. 33.80% of the stock is owned by institutional investors.

About Fortuna Mining

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.