Fortuna Mining (FSM) to Announce Earnings on Wednesday

Fortuna Mining (NYSE:FSM) (TSE:FVI) will likely be releasing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.3147 per share and revenue of $325.00 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report 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 announced its earnings results on Wednesday, May 6th. The basic materials company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.02). Fortuna Mining had a return on equity of 16.26% and a net margin of 31.07%.The company had revenue of $342.47 million for the quarter, compared to analyst estimates of $340.00 million. 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 Trading Down 2.7%

Shares of NYSE FSM traded down $0.22 during trading on Wednesday, reaching $8.20. The company had a trading volume of 189,893 shares, compared to its average volume of 6,602,635. The company’s fifty day moving average price is $8.85 and its 200-day moving average price is $10.02. Fortuna Mining has a 12 month low of $6.17 and a 12 month high of $13.85. The stock has a market cap of $2.45 billion, a P/E ratio of 7.75 and a beta of 0.99. The company has a quick ratio of 2.74, a current ratio of 3.17 and a debt-to-equity ratio of 0.10.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FSM. Zacks Research upgraded Fortuna Mining from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Weiss Ratings cut Fortuna Mining from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. Finally, Wall Street Zen lowered shares of Fortuna Mining from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 12th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Fortuna Mining presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.

Institutional Trading of Fortuna Mining

A number of large investors have recently bought and sold shares of FSM. Alberta Investment Management Corp raised its position in shares of Fortuna Mining by 18.7% in the 4th quarter. Alberta Investment Management Corp now owns 313,600 shares of the basic materials company’s stock worth $3,073,000 after acquiring an additional 49,300 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of Fortuna Mining by 330.0% during the 4th quarter. Mackenzie Financial Corp now owns 1,761,664 shares of the basic materials company’s stock valued at $17,509,000 after purchasing an additional 1,352,016 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Fortuna Mining by 6.3% during the 4th quarter. NewEdge Advisors LLC now owns 211,355 shares of the basic materials company’s stock valued at $2,073,000 after purchasing an additional 12,540 shares in the last quarter. Voloridge Investment Management LLC boosted its position in shares of Fortuna Mining by 6.7% during the 4th quarter. Voloridge Investment Management LLC now owns 2,221,012 shares of the basic materials company’s stock valued at $21,788,000 after purchasing an additional 138,932 shares in the last quarter. Finally, SPWM Advisors LLC acquired a new stake in Fortuna Mining during the fourth quarter worth approximately $98,000. 33.80% of the stock is currently owned by institutional investors and hedge funds.

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.