Fortuna Mining (FSM) to Announce Quarterly Earnings on Wednesday

Fortuna Mining (NYSE:FSM) (TSE:FVI) is expected to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Fortuna Mining to post earnings of $0.3143 per share and revenue of $325.00 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 12:00 PM ET.

Fortuna Mining (NYSE:FSM) (TSE:FVI) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). The company had revenue of $342.47 million during the quarter, compared to the consensus estimate of $340.00 million. Fortuna Mining had a return on equity of 16.26% and a net margin of 31.07%. On average, analysts expect Fortuna Mining to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fortuna Mining Price Performance

FSM opened at $8.68 on Tuesday. The company has a 50-day moving average of $8.79 and a 200-day moving average of $9.97. The company has a market capitalization of $2.60 billion, a P/E ratio of 8.18 and a beta of 0.99. Fortuna Mining has a 1-year low of $6.17 and a 1-year high of $13.85. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.74 and a current ratio of 3.17.

Institutional Trading of Fortuna Mining

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers increased its holdings in shares of Fortuna Mining by 22.2% in the 4th quarter. Cetera Investment Advisers now owns 14,343 shares of the basic materials company’s stock worth $141,000 after acquiring an additional 2,605 shares during the period. Rothschild Wealth LLC acquired a new position in Fortuna Mining during the 4th quarter valued at about $103,000. Kestra Advisory Services LLC acquired a new position in Fortuna Mining during the 4th quarter valued at about $78,000. Brooklyn Investment Group bought a new position in Fortuna Mining in the 4th quarter worth about $175,000. Finally, Scotia Capital Inc. grew its position in Fortuna Mining by 53.9% in the 3rd quarter. Scotia Capital Inc. now owns 19,040 shares of the basic materials company’s stock worth $168,000 after purchasing an additional 6,666 shares during the last quarter. 33.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FSM has been the topic of several research analyst reports. Weiss Ratings cut shares of Fortuna Mining from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Scotiabank restated an “outperform” rating on shares of Fortuna Mining in a research note on Thursday. Wall Street Zen cut Fortuna Mining from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 12th. Finally, Zacks Research raised Fortuna Mining from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Fortuna Mining currently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

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.