Fortuna Mining (FSM) to Release Earnings on Wednesday

Key Points

• Fortuna Mining is set to release its Q2 2025 quarterly earnings after the market closes on August 6th, with analysts predicting earnings of $0.13 per share and revenue of $220 million.
• The company reported a miss in its last quarterly earnings, with an EPS of $0.20, falling short of the $0.21 expectation.
• Institutional investors have increased their stakes in Fortuna Mining recently, with UBS AM raising its holdings by 189% in the first quarter.

Fortuna Mining (NYSE:FSM - Get Free Report) TSE: FVI is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect Fortuna Mining to post earnings of $0.13 per share and revenue of $220.00 million for the quarter.

Fortuna Mining (NYSE:FSM - Get Free Report) TSE: FVI last issued its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.01). Fortuna Mining had a return on equity of 12.94% and a net margin of 14.28%. The firm had revenue of $290.15 million for the quarter, compared to the consensus estimate of $291.00 million. On average, analysts expect Fortuna Mining to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fortuna Mining Trading Down 0.8%

Shares of NYSE FSM traded down $0.05 during trading on Friday, reaching $6.40. The company had a trading volume of 10,729,042 shares, compared to its average volume of 11,618,726. Fortuna Mining has a 12 month low of $3.86 and a 12 month high of $7.55. The company has a quick ratio of 1.56, a current ratio of 2.04 and a debt-to-equity ratio of 0.12. The company's fifty day moving average price is $6.61 and its 200-day moving average price is $5.83. The stock has a market cap of $1.96 billion, a P/E ratio of 12.55 and a beta of 0.85.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Scotiabank upped 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. CIBC lifted their price objective on Fortuna Mining from $7.00 to $8.00 and gave the stock an "underperformer" rating in a report on Tuesday, July 15th. National Bankshares restated a "sector perform" rating on shares of Fortuna Mining in a report on Tuesday, June 24th. Finally, Wall Street Zen raised Fortuna Mining from a "buy" rating to a "strong-buy" rating in a research report on Friday, July 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $7.50.

Institutional Investors Weigh In On Fortuna Mining

A number of institutional investors have recently bought and sold shares of FSM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Fortuna Mining by 189.0% during 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 acquiring an additional 549,665 shares during the period. Royal Bank of Canada lifted its stake in shares of Fortuna Mining by 98.8% during the first quarter. Royal Bank of Canada now owns 1,159,522 shares of the basic materials company's stock worth $7,074,000 after buying an additional 576,264 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Fortuna Mining by 19.6% during 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 buying 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.