Fortuna Mining Corp. (NYSE:FSM) Receives $11.00 Consensus Target Price from Analysts

Posted by Brenda Bartman on May 22nd, 2026

Shares of Fortuna Mining Corp. (NYSE:FSM – Get Free Report) (TSE:FVI) have earned an average rating of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $11.00.

A number of research firms recently weighed in on FSM. Scotiabank increased their price objective on shares of Fortuna Mining from $11.00 to $14.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Wall Street Zen raised shares of Fortuna Mining from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Zacks Research cut shares of Fortuna Mining from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Finally, Weiss Ratings raised shares of Fortuna Mining from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 8th.

Check Out Our Latest Stock Analysis on FSM

Fortuna Mining Stock Performance

Fortuna Mining stock opened at $9.43 on Friday. The firm has a 50 day simple moving average of $10.05 and a 200-day simple moving average of $10.17. Fortuna Mining has a 1-year low of $5.65 and a 1-year high of $13.85. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.17 and a quick ratio of 2.74. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 8.89 and a beta of 0.94.

Fortuna Mining (NYSE:FSM – Get Free Report) (TSE:FVI) last posted its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.02). The firm had revenue of $342.47 million during the quarter, compared to analysts’ expectations of $340.00 million. Fortuna Mining had a net margin of 31.07% and a return on equity of 16.26%. On average, analysts expect that Fortuna Mining will post 1.43 EPS for the current year.

Institutional Investors Weigh In On Fortuna Mining

A number of hedge funds have recently added to or reduced their stakes in FSM. Van ECK Associates Corp lifted its holdings in Fortuna Mining by 43.5% during the 3rd quarter. Van ECK Associates Corp now owns 29,280,727 shares of the basic materials company’s stock worth $262,354,000 after buying an additional 8,878,857 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Fortuna Mining by 80.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 19,530,048 shares of the basic materials company’s stock worth $174,866,000 after buying an additional 8,706,611 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Fortuna Mining by 1,623.8% during the 3rd quarter. Vanguard Group Inc. now owns 4,562,023 shares of the basic materials company’s stock worth $40,844,000 after buying an additional 4,297,370 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Fortuna Mining by 38.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,707,054 shares of the basic materials company’s stock worth $122,747,000 after buying an additional 3,779,920 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in Fortuna Mining by 1,130.8% during the 3rd quarter. Invesco Ltd. now owns 3,118,752 shares of the basic materials company’s stock worth $27,944,000 after buying an additional 2,865,367 shares in the last quarter. 33.80% of the stock is currently owned by institutional investors and hedge funds.

Fortuna Mining Company Profile

(Get Free Report)

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.