Alpha Metallurgical Resources (NYSE:AMR) & Fortuna Mining (NYSE:FSM) Critical Comparison

Fortuna Mining (NYSE:FSM) and Alpha Metallurgical Resources (NYSE:AMR) are both mid-cap basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, profitability, valuation, dividends and risk.

Profitability

This table compares Fortuna Mining and Alpha Metallurgical Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fortuna Mining	21.48%	12.42%	8.88%
Alpha Metallurgical Resources	-2.09%	-2.88%	-1.95%

Valuation and Earnings

This table compares Fortuna Mining and Alpha Metallurgical Resources”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Fortuna Mining	$1.06 billion	3.31	$128.74 million	$0.72	15.94
Alpha Metallurgical Resources	$2.96 billion	0.93	$187.58 million	($3.56)	-59.90

Alpha Metallurgical Resources has higher revenue and earnings than Fortuna Mining. Alpha Metallurgical Resources is trading at a lower price-to-earnings ratio than Fortuna Mining, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

33.8% of Fortuna Mining shares are held by institutional investors. Comparatively, 84.3% of Alpha Metallurgical Resources shares are held by institutional investors. 1.0% of Fortuna Mining shares are held by company insiders. Comparatively, 16.0% of Alpha Metallurgical Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Fortuna Mining and Alpha Metallurgical Resources, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fortuna Mining	1	2	4	0	2.43
Alpha Metallurgical Resources	1	1	1	0	2.00

Fortuna Mining currently has a consensus target price of $11.00, indicating a potential downside of 4.18%. Alpha Metallurgical Resources has a consensus target price of $188.00, indicating a potential downside of 11.84%. Given Fortuna Mining’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Fortuna Mining is more favorable than Alpha Metallurgical Resources.

Volatility & Risk

Fortuna Mining has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500. Comparatively, Alpha Metallurgical Resources has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500.

Summary

Fortuna Mining beats Alpha Metallurgical Resources on 10 of the 14 factors compared between the two stocks.

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. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc., a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc. and changed its name to Alpha Metallurgical Resources, Inc. in February 2021. Alpha Metallurgical Resources, Inc. was incorporated in 2016 and is headquartered in Bristol, Tennessee.