Fortuna Mining (FSM) Expected to Announce Earnings on Wednesday

Fortuna Mining (NYSE:FSM) (TSE:FVI) is expected to be announcing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect Fortuna Mining to post earnings of $0.3734 per share and revenue of $340.00 million for the quarter. Parties may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, May 7, 2026 at 12:00 PM ET.

Fortuna Mining (NYSE:FSM) (TSE:FVI) last announced its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The company had revenue of $270.20 million for the quarter. Fortuna Mining had a net margin of 27.59% and a return on equity of 14.02%. On average, analysts expect Fortuna Mining to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fortuna Mining Stock Performance

FSM stock opened at $9.47 on Monday. Fortuna Mining has a 1-year low of $5.23 and a 1-year high of $13.85. The business has a 50-day moving average price of $10.74 and a 200 day moving average price of $10.03. The company has a market capitalization of $2.88 billion, a P/E ratio of 10.52 and a beta of 0.94. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.98 and a quick ratio of 2.50.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on FSM shares. BMO Capital Markets reissued an “outperform” rating on shares of Fortuna Mining in a research report on Friday, January 16th. Scotiabank upped their price target on Fortuna Mining from $11.00 to $14.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Wall Street Zen lowered Fortuna Mining from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Zacks Research cut Fortuna Mining from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Fortuna Mining has a consensus rating of “Moderate Buy” and an average target price of $11.00.

Hedge Funds Weigh In On Fortuna Mining

Several institutional investors and hedge funds have recently modified their holdings of the business. Advisory Services Network LLC purchased a new position in shares of Fortuna Mining during the 3rd quarter valued at approximately $27,000. Geneos Wealth Management Inc. increased its holdings in Fortuna Mining by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 4,000 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 2,000 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Fortuna Mining by 126.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,813 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 2,691 shares in the last quarter. Osaic Holdings Inc. raised its position in Fortuna Mining by 96.7% during the second quarter. Osaic Holdings Inc. now owns 6,116 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 3,006 shares during the period. Finally, Employees Retirement System of Texas raised its position in Fortuna Mining by 1,250.0% during the third quarter. Employees Retirement System of Texas now owns 7,263 shares of the basic materials company’s stock worth $65,000 after acquiring an additional 6,725 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. The company was formerly known as Fortuna Silver Mines Inc and changed its name to Fortuna Mining Corp.