# Fortuna Mining Corp. (FSM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $12.31, market value $3.6 billion.

## Valuation
- **P/E (trailing): 10.3×** (5-yr avg 12.8×, 3-yr avg 10.7×). Fortuna Mining Corp. trades at 10.3× trailing earnings, close to its own five-year average of 12.8×. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 7.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.06**. A PEG of 0.06 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.1×**. Each dollar of revenue is priced at 3.1×.
- **Price / book: 2.1×**. The shares trade at 2.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 16.8%**. Free cash flow equals 16.8% of the market value. Above 5% is generally attractive.
- **Earnings yield: 9.7%**. The inverse of the P/E: 9.7% of the price is earned each year.

## Profitability
- **Gross margin: 57.2%**. Fortuna Mining Corp. keeps 57.2% of revenue after the direct cost of what it sells.
- **Operating margin: 48.7%**. 48.7% of revenue is left after running the business, an exceptional level.
- **Net margin: 32.8%**. 32.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 17.9%**. 17.9% on shareholders' equity is solid.
- **Return on assets: 16.0%**. Each dollar of assets produces 16.0% of profit.

## Growth
- **Revenue growth (1 yr): 39.8%** (3-yr 11.6%/yr, 5-yr 27.7%/yr). Revenue grew 39.8% over the last year, against 27.7% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 119.5%** (5-yr 49.6%/yr). Earnings per share rose 119.5%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Interest coverage: 19.1×**. Operating profit covers interest 19.1× over, a safe margin.
- **Current ratio: 2.98** (quick 2.98). Current assets cover the next year's liabilities 2.98 times.
- **Altman Z-score: 5.76**. A Z-score of 5.76 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Fortuna Mining Corp. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (1 analyst). 1 analysts cover Fortuna Mining Corp.; the consensus is buy, with an average price target of $14.50 (+18% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 61.5%** (YTD 25.5%, 3-mo 41.7%). The shares are up 61.5% over twelve months including dividends.
- **From 52-week high: -11.1%** (61.3% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 2.08** (volatility 58%). Beta of 2.08 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FSM · Page: https://foliofundamentals.com/stocks/fsm

Not investment advice.