FY2026 EPS Forecast for Fortuna Mining Boosted by Analyst

Fortuna Mining Corp. (NYSE:FSM) (TSE:FVI) – Equities research analysts at National Bank Financial boosted their FY2026 EPS estimates for shares of Fortuna Mining in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst M. Sidibe now expects that the basic materials company will post earnings of $0.97 per share for the year, up from their prior estimate of $0.74. The consensus estimate for Fortuna Mining’s current full-year earnings is $0.51 per share.

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

Several other research firms also recently weighed in on FSM. National Bankshares reissued a “sector perform” rating on shares of Fortuna Mining in a research note on Tuesday, June 24th. CIBC boosted their price target on shares of Fortuna Mining from $7.00 to $8.00 and gave the stock an “underperformer” rating in a research note on Tuesday, July 15th. Wall Street Zen raised shares of Fortuna Mining from a “buy” rating to a “strong-buy” rating in a research note on Friday. Finally, Scotiabank boosted their price target on shares of 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 research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Fortuna Mining presently has a consensus rating of “Hold” and an average target price of $7.50.

Fortuna Mining Stock Performance

NYSE FSM opened at $6.29 on Friday. Fortuna Mining has a 52-week low of $3.86 and a 52-week high of $7.55. 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 company has a market capitalization of $1.93 billion, a P/E ratio of 12.33 and a beta of 0.94. The company has a fifty day moving average of $6.39 and a 200-day moving average of $5.68.

Hedge Funds Weigh In On Fortuna Mining

Hedge funds and other institutional investors have recently modified their holdings of the stock. Klein Pavlis & Peasley Financial Inc. grew its holdings in Fortuna Mining by 2.4% in the second quarter. Klein Pavlis & Peasley Financial Inc. now owns 122,877 shares of the basic materials company’s stock worth $804,000 after purchasing an additional 2,887 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Fortuna Mining by 19.3% in the second quarter. Public Employees Retirement System of Ohio now owns 769,736 shares of the basic materials company’s stock worth $5,145,000 after purchasing an additional 124,687 shares during the period. Farther Finance Advisors LLC purchased a new stake in Fortuna Mining in the second quarter worth about $42,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Fortuna Mining by 189.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 840,496 shares of the basic materials company’s stock worth $5,127,000 after purchasing an additional 549,665 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Fortuna Mining by 19.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,368,272 shares of the basic materials company’s stock worth $51,046,000 after purchasing an additional 1,368,600 shares during the period. Hedge funds and other institutional investors own 33.80% of the company’s stock.

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.