Update shared on 24 Oct 2025
Fair value Increased 9.10%Analysts have raised their price target for Fortuna Mining from $12.51 to $13.65 per share, citing updated fair value calculations and supportive underlying assumptions.
What's in the News
- Fortuna Mining reported robust Preliminary Economic Assessment results for the Diamba Sud Gold Project in Senegal, including an after-tax NPV5% of $563 million, an IRR of 72 percent, and a projected payback period of ten months. (Key Developments)
- Release of an updated Mineral Resource estimate for Diamba Sud, with Indicated resources up 53 percent to 724,000 ounces of gold and Inferred resources up 93 percent to 285,000 ounces. (Key Developments)
- A strategic alliance and joint venture agreement was formed with DeSoto Resources Limited targeting gold exploration in the Siguiri Basin, Guinea. (Key Developments)
- Third quarter production results were announced, with gold equivalent production totaling 72,462 ounces for the quarter and 214,077 ounces for the first nine months of fiscal 2025. (Key Developments)
- Fortuna reaffirmed its 2025 annual production guidance and expects output in the range of 309,000 to 339,000 gold equivalent ounces. (Key Developments)
Valuation Changes
- Fair Value per Share has increased from CA$12.51 to CA$13.65, reflecting an updated assessment of the company’s projected performance.
- Discount Rate rose marginally from 6.77 percent to 6.77 percent. This is a minor change reflecting updated risk assumptions.
- Revenue Growth remained essentially unchanged, holding steady at around -1.05 percent.
- Net Profit Margin declined slightly from 47.48 percent to 47.28 percent.
- Future Price/Earnings (P/E) ratio increased from 5.73x to 6.29x. This indicates a modest shift in growth and profitability outlooks.
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