FSM

+ Watchlist + Portfolio

Fortuna Mining Corp.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $11.63
52-Week Range: $7.06 – $13.85
Market Cap: $3.52B
P/E (TTM): 10.00
EPS (TTM): 1.19
Dividend Yield: —

Advanced Metrics

Price/Book: 1.99
PEG Ratio: —
Return on Equity: 24.15%
Return on Assets: 16.80%
Gross Margin: 57.24%
Operating Margin: 51.07%
Profit Margin: 31.98%
Current Ratio: 3.00
Debt/Equity: 0.13
Total Debt: $234.17M
Free Cash Flow: $364.28M
Revenue Growth: 38.20%
Earnings Growth: 101.40%
Enterprise Value: $3.19B

FSM Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$681.49M	$842.43M	$677.24M	$947.06M
Cost of Revenue	$534.70M	$652.40M	$443.88M	$480.16M
Gross Profit	$146.80M	$190.03M	$233.36M	$466.90M
Selling, General & Admin	$61.46M	$66.87M	$68.09M	$97.74M
Operating Expenses	$63.82M	$70.37M	$68.09M	$97.74M
Operating Income	$82.98M	$119.65M	$165.27M	$369.16M
EBITDA	$59.05M	$233.78M	$344.01M	$617.08M
Pretax Income	-$125.11M	-$11.05M	$141.73M	$400.18M
Income Tax	$10.80M	$32.58M	$51.42M	$111.40M
Net Income	-$128.13M	-$50.84M	$128.74M	$287.47M
Diluted EPS	-0.44	-0.17	0.41	0.90
Diluted Shares	291.28M	295.07M	310.75M	334.90M

FSM Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$80.49M	$128.15M	$231.33M	$553.99M
Receivables	$68.88M	$74.64M	$104.14M	$74.36M
Inventory	$92.03M	$115.83M	$134.50M	$122.69M
Current Assets	$252.71M	$333.32M	$486.24M	$764.53M
Total Assets	$1.88B	$1.97B	$2.12B	$2.36B
Current Liabilities	$135.08M	$243.77M	$256.03M	$256.38M
Long-Term Debt	$219.18M	$162.95M	$126.03M	$134.41M
Total Debt	$240.52M	$264.25M	$194.01M	$211.30M
Total Liabilities	$587.53M	$679.74M	$649.46M	$625.32M
Retained Earnings	$138.49M	$87.65M	$216.38M	$488.13M
Shareholders' Equity	$1.24B	$1.24B	$1.40B	$1.68B
Working Capital	$117.63M	$89.56M	$230.21M	$508.16M
Net Debt	$138.68M	$78.70M	—	—

FSM Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$194.25M	$296.91M	$235.70M	$455.37M
Capital Expenditure	-$251.24M	-$217.31M	-$161.08M	-$178.00M
Free Cash Flow	-$56.99M	$79.59M	$74.62M	$277.36M
Stock-Based Compensation	-$1.00K	$2.02M	$8.15M	—
Investing Cash Flow	-$255.33M	-$216.88M	-$153.60M	-$161.81M
Financing Cash Flow	$38.47M	-$32.72M	-$60.50M	-$47.73M
Share Repurchases	-$5.93M	$0.00	-$34.13M	-$10.27M
Net Change in Cash	-$22.62M	$47.31M	$105.10M	$316.61M

FSM Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$195.04M	$230.42M	$251.36M	$270.24M	$342.47M
Cost of Revenue	$114.69M	$125.39M	$118.23M	$121.84M	$130.63M
Gross Profit	$80.34M	$105.03M	$133.13M	$148.40M	$211.84M
Selling, General & Admin	$23.90M	$21.57M	$26.30M	$25.96M	$27.79M
Operating Expenses	$24.59M	$21.63M	$23.91M	$27.60M	$29.66M
Operating Income	$55.75M	$83.39M	$109.22M	$120.79M	$182.18M
EBITDA	$104.52M	$135.98M	$210.79M	—	$230.27M
Pretax Income	$54.27M	$81.36M	$153.02M	$111.53M	$178.32M
Income Tax	$15.39M	$33.65M	$24.82M	$37.54M	$58.37M
Net Income	$58.50M	$37.31M	$123.59M	$68.06M	$111.01M
Diluted EPS	0.19	0.12	0.38	—	0.35
Diluted Shares	308.06M	308.96M	335.13M	—	332.78M

FSM Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$305.05M	$378.42M	$438.28M	$553.99M	$665.90M
Receivables	$96.00M	$67.38M	$83.43M	$74.36M	$73.00M
Inventory	$135.91M	$120.41M	$110.74M	$122.69M	$121.06M
Current Assets	$577.39M	$587.52M	$646.96M	$764.53M	$891.91M
Total Assets	$2.19B	$2.14B	$2.24B	$2.36B	$2.49B
Current Liabilities	$283.24M	$216.97M	$196.18M	$256.38M	$281.13M
Long-Term Debt	$127.99M	$130.04M	$132.19M	$134.41M	$136.60M
Total Debt	$197.88M	$216.04M	$213.42M	$211.30M	$209.40M
Total Liabilities	$657.84M	$595.87M	$569.64M	$625.32M	$652.34M
Retained Earnings	$274.89M	$304.93M	$428.52M	$488.13M	$586.88M
Shareholders' Equity	$1.46B	$1.49B	$1.62B	$1.68B	$1.77B
Working Capital	$294.16M	$370.55M	$450.78M	$508.16M	$610.79M

FSM Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	$176.75M	$67.31M	$111.35M	$150.34M	$418.88M
Capital Expenditure	-$37.95M	-$47.02M	-$48.55M	-$44.49M	-$45.28M
Free Cash Flow	$138.79M	$20.29M	$62.80M	$105.85M	$373.60M
Stock-Based Compensation	$2.62M	—	—	—	—
Investing Cash Flow	-$38.88M	$19.02M	-$34.19M	-$106.15M	-$63.59M
Financing Cash Flow	-$9.27M	-$17.99M	-$19.56M	$100.00K	-$31.32M
Share Repurchases	-$4.17M	$0.00	$0.00	-$6.10M	-$24.45M
Net Change in Cash	$75.62M	$68.33M	$57.60M	$115.07M	$114.45M

Market Snapshot

About

Fortuna Mining Corp. is a Canadian precious metals mining company with operations in Latin America. The company primarily produces gold and silver from mines in Argentina, Mexico, Peru, and other countries in the region. Fortuna operates both underground and open-pit mining operations with a focus on sustainable and responsible mining practices. The company's portfolio includes producing mines as well as exploration and development projects. As a mid-tier precious metals producer, Fortuna aims to grow production through organic expansion and strategic acquisitions in politically stable, mining-friendly jurisdictions.