Fortuna Mining (FSM) to Release Quarterly Earnings on Wednesday

Key Points

• Fortuna Mining will release Q1 2026 results after the close on Wednesday, May 6, with analysts projecting $0.4762 EPS and $339.29 million in revenue; the earnings call is scheduled for Thursday, May 7 at 12:00 PM ET.
• In the prior quarter (reported Feb 18) Fortuna posted $0.22 EPS on $270.20 million in revenue, missing estimates by $0.01, and analysts forecast about $2.00 EPS for both the current and next fiscal years.
• The stock has a market cap of $2.92 billion and a P/E of 10.64 with a 1‑year range of $5.23–$13.85; consensus sentiment is a Moderate Buy with a $11.00 target (four Buys, one Hold).

Fortuna Mining (NYSE:FSM - Get Free Report) TSE: FVI is projected to announce its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.4762 per share and revenue of $339.29 million for the quarter. Investors can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 12:00 PM ET.

Fortuna Mining (NYSE:FSM - Get Free Report) TSE: FVI last issued its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.01). Fortuna Mining had a return on equity of 14.02% and a net margin of 27.59%.The company had revenue of $270.20 million for the quarter. 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 Price Performance

Shares of FSM opened at $9.58 on Wednesday. Fortuna Mining has a 1 year low of $5.23 and a 1 year high of $13.85. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.98 and a quick ratio of 2.50. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 10.64 and a beta of 1.01. The business has a 50-day moving average of $10.78 and a 200-day moving average of $10.03.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on FSM shares. BMO Capital Markets restated an "outperform" rating on shares of Fortuna Mining in a research report on Friday, January 16th. Zacks Research downgraded Fortuna Mining from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 24th. Scotiabank lifted their target price on Fortuna Mining from $11.00 to $14.00 and gave the stock an "outperform" rating in a report on Monday, January 26th. Finally, Wall Street Zen lowered Fortuna Mining from a "buy" rating to a "hold" rating in a research note on Saturday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $11.00.

Hedge Funds Weigh In On Fortuna Mining

Institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its stake in Fortuna Mining by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 4,000 shares of the basic materials company's stock valued at $26,000 after buying an additional 2,000 shares during the period. Advisory Services Network LLC acquired a new position in Fortuna Mining in the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC lifted its stake in Fortuna Mining by 126.8% in the second quarter. EverSource Wealth Advisors LLC now owns 4,813 shares of the basic materials company's stock valued at $31,000 after buying an additional 2,691 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Fortuna Mining by 96.7% during the second quarter. Osaic Holdings Inc. now owns 6,116 shares of the basic materials company's stock valued at $40,000 after acquiring an additional 3,006 shares in the last quarter. Finally, Employees Retirement System of Texas increased its holdings in shares of 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 valued at $65,000 after acquiring an additional 6,725 shares in the last quarter. 33.80% of the stock is owned by institutional investors and hedge funds.

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.

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