Analysts Offer Predictions for Fortuna Mining Q2 Earnings

Fortuna Mining Corp. (NYSE:FSM - Free Report) TSE: FVI - Research analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of Fortuna Mining in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst M. Sidibe expects that the basic materials company will earn $0.22 per share for the quarter. The consensus estimate for Fortuna Mining's current full-year earnings is $0.51 per share. National Bank Financial also issued estimates for Fortuna Mining's FY2025 earnings at $0.88 EPS.

Several other brokerages have also issued reports on FSM. National Bankshares reissued a "sector perform" rating on shares of Fortuna Mining in a report on Tuesday, June 24th. CIBC boosted their price target on shares of Fortuna Mining from $7.00 to $8.00 and gave the company an "underperformer" rating in a report on Tuesday, July 15th. Scotiabank raised their target price on Fortuna Mining from $6.00 to $7.00 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Finally, Wall Street Zen upgraded Fortuna Mining from a "buy" rating to a "strong-buy" rating in a research report on Friday. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $7.50.

Fortuna Mining Stock Performance

Fortuna Mining stock traded down $0.13 on Thursday, hitting $6.29. The company's stock had a trading volume of 10,362,903 shares, compared to its average volume of 11,538,346. The firm has a market cap of $1.93 billion, a P/E ratio of 12.33 and a beta of 0.94. 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 has a fifty day moving average price of $6.39 and a 200-day moving average price of $5.68. Fortuna Mining has a one year low of $3.86 and a one year high of $7.55.

Fortuna Mining (NYSE:FSM - Get Free Report) TSE: FVI last announced its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.20 EPS 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 during the quarter, compared to the consensus estimate of $291.00 million.

Hedge Funds Weigh In On Fortuna Mining

Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in Fortuna Mining during the 4th quarter valued at $523,000. Swiss National Bank increased its holdings in Fortuna Mining by 2.8% during the 4th quarter. Swiss National Bank now owns 618,830 shares of the basic materials company's stock valued at $2,655,000 after purchasing an additional 16,800 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Fortuna Mining by 10.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 20,456 shares of the basic materials company's stock valued at $88,000 after purchasing an additional 2,000 shares in the last quarter. American Century Companies Inc. increased its holdings in Fortuna Mining by 15.3% during the 4th quarter. American Century Companies Inc. now owns 5,038,830 shares of the basic materials company's stock valued at $21,625,000 after purchasing an additional 668,590 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Fortuna Mining by 65.4% during the 4th quarter. LPL Financial LLC now owns 93,505 shares of the basic materials company's stock valued at $401,000 after purchasing an additional 36,963 shares in the last quarter. 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.