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Fortuna Mining TSX:FVI Stock Report

Last Price

CA$6.25

Market Cap

CA$2.0b

7D

0.8%

1Y

22.5%

Updated

27 Dec, 2024

Data

Company Financials +

Fortuna Mining Corp.

TSX:FVI Stock Report

Market Cap: CA$2.0b

FVI Stock Overview

Engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. More details

FVI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 52.3% below our estimate of its fair value

Became profitable this year

Analysts in good agreement that stock price will rise by 31.3%

Risk Analysis

Earnings have declined by 37.7% per year over past 5 years

Shareholders have been diluted in the past year

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Fortuna Mining Corp. Competitors

MAG Silver

TSX:MAG

CA$2.1b

Aya Gold & Silver

TSX:AYA

CA$1.4b

Silvercorp Metals

TSX:SVM

CA$948.6m

GoGold Resources

TSX:GGD

CA$359.2m

Price History & Performance

Summary of share price highs, lows and changes for Fortuna Mining
Historical stock prices
Current Share PriceCA$6.25
52 Week HighCA$8.68
52 Week LowCA$3.57
Beta1.59
1 Month Change-7.54%
3 Month Change-3.85%
1 Year Change22.55%
3 Year Change26.52%
5 Year Change19.27%
Change since IPO33.26%

Recent News & Updates

Little Excitement Around Fortuna Mining Corp.'s (TSE:FVI) Revenues

Dec 03
Little Excitement Around Fortuna Mining Corp.'s (TSE:FVI) Revenues

Shareholders Can Be Confident That Fortuna Mining's (TSE:FVI) Earnings Are High Quality

Nov 14
Shareholders Can Be Confident That Fortuna Mining's (TSE:FVI) Earnings Are High Quality

Recent updates

Little Excitement Around Fortuna Mining Corp.'s (TSE:FVI) Revenues

Dec 03
Little Excitement Around Fortuna Mining Corp.'s (TSE:FVI) Revenues

Shareholders Can Be Confident That Fortuna Mining's (TSE:FVI) Earnings Are High Quality

Nov 14
Shareholders Can Be Confident That Fortuna Mining's (TSE:FVI) Earnings Are High Quality

Fortuna Mining (TSE:FVI) Seems To Use Debt Quite Sensibly

Oct 14
Fortuna Mining (TSE:FVI) Seems To Use Debt Quite Sensibly

Revenues Working Against Fortuna Mining Corp.'s (TSE:FVI) Share Price

Sep 01
Revenues Working Against Fortuna Mining Corp.'s (TSE:FVI) Share Price

Calculating The Intrinsic Value Of Fortuna Mining Corp. (TSE:FVI)

Jun 30
Calculating The Intrinsic Value Of Fortuna Mining Corp. (TSE:FVI)

Fortuna Silver Mines Inc.'s (TSE:FVI) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

May 25
Fortuna Silver Mines Inc.'s (TSE:FVI) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

Fortuna Silver Mines (TSE:FVI) Seems To Use Debt Quite Sensibly

May 08
Fortuna Silver Mines (TSE:FVI) Seems To Use Debt Quite Sensibly

Fortuna Silver Mines Inc. (TSE:FVI) Held Back By Insufficient Growth Even After Shares Climb 28%

Mar 26
Fortuna Silver Mines Inc. (TSE:FVI) Held Back By Insufficient Growth Even After Shares Climb 28%

There's No Escaping Fortuna Silver Mines Inc.'s (TSE:FVI) Muted Revenues

Feb 09
There's No Escaping Fortuna Silver Mines Inc.'s (TSE:FVI) Muted Revenues

A Look At The Fair Value Of Fortuna Silver Mines Inc. (TSE:FVI)

Dec 11
A Look At The Fair Value Of Fortuna Silver Mines Inc. (TSE:FVI)

Is Fortuna Silver Mines (TSE:FVI) Using Too Much Debt?

Nov 14
Is Fortuna Silver Mines (TSE:FVI) Using Too Much Debt?

Here's Why Fortuna Silver Mines (TSE:FVI) Can Afford Some Debt

Aug 13
Here's Why Fortuna Silver Mines (TSE:FVI) Can Afford Some Debt

Would Fortuna Silver Mines (TSE:FVI) Be Better Off With Less Debt?

May 11
Would Fortuna Silver Mines (TSE:FVI) Be Better Off With Less Debt?

Fortuna Silver Mines Inc. (TSE:FVI) Shares Could Be 20% Below Their Intrinsic Value Estimate

Feb 25
Fortuna Silver Mines Inc. (TSE:FVI) Shares Could Be 20% Below Their Intrinsic Value Estimate

Does Fortuna Silver Mines (TSE:FVI) Have A Healthy Balance Sheet?

Jan 24
Does Fortuna Silver Mines (TSE:FVI) Have A Healthy Balance Sheet?

Fortuna Silver Mines (TSE:FVI) Has A Somewhat Strained Balance Sheet

Oct 24
Fortuna Silver Mines (TSE:FVI) Has A Somewhat Strained Balance Sheet

An Intrinsic Calculation For Fortuna Silver Mines Inc. (TSE:FVI) Suggests It's 48% Undervalued

Sep 26
An Intrinsic Calculation For Fortuna Silver Mines Inc. (TSE:FVI) Suggests It's 48% Undervalued

These 4 Measures Indicate That Fortuna Silver Mines (TSE:FVI) Is Using Debt Reasonably Well

Jul 26
These 4 Measures Indicate That Fortuna Silver Mines (TSE:FVI) Is Using Debt Reasonably Well

A Look At The Fair Value Of Fortuna Silver Mines Inc. (TSE:FVI)

Jun 13
A Look At The Fair Value Of Fortuna Silver Mines Inc. (TSE:FVI)

Shareholder Returns

FVICA Metals and MiningCA Market
7D0.8%2.5%1.7%
1Y22.5%18.8%16.1%

Return vs Industry: FVI exceeded the Canadian Metals and Mining industry which returned 18.8% over the past year.

Return vs Market: FVI exceeded the Canadian Market which returned 16.1% over the past year.

Price Volatility

Is FVI's price volatile compared to industry and market?
FVI volatility
FVI Average Weekly Movement7.5%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.0%

Stable Share Price: FVI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FVI's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990n/aJorge Ganoza Durantwww.fortunamining.com

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.

Fortuna Mining Corp. Fundamentals Summary

How do Fortuna Mining's earnings and revenue compare to its market cap?
FVI fundamental statistics
Market capCA$1.96b
Earnings (TTM)CA$36.14m
Revenue (TTM)CA$1.48b

54.2x

P/E Ratio

1.3x

P/S Ratio

Is FVI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FVI income statement (TTM)
RevenueUS$1.03b
Cost of RevenueUS$736.53m
Gross ProfitUS$288.62m
Other ExpensesUS$263.55m
EarningsUS$25.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.08
Gross Margin28.15%
Net Profit Margin2.45%
Debt/Equity Ratio8.4%

How did FVI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 03:47
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fortuna Mining Corp. is covered by 20 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Heiko IhleAlliance Global Partners
Colin HamiltonBMO Capital Markets Equity Research
Brian QuastBMO Capital Markets Equity Research