Fortuna Mining Corp. (FSM) Stock Price & Analysis
Fortuna Mining Corp. (FSM) closed at USD 9.52 on Thursday, October 22, 2026, down 7.93% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 10.34; the Oct 22, 2026 session ranged USD 9.48–10.01 on volume of 6,612,672 shares. Market capitalization is $2.82B, with a 52-week range of USD 7.7–13.85 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FSM.md
Key facts (FSM)
- 1 of 80 tracked superinvestors hold FSM (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.75 on a 1–5 scale) (4 analysts), mean target USD 14.5 (range 14.5–14.5).
- Total return with dividends: 1Y +16.0% vs S&P 500 +14.9%; 5Y +93.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.17, revenue estimate $0K.
Superinvestors (SEC 13F-HR, Q2 2026) (FSM)
1 of 80 tracked investors hold FSM. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 0.19% | $17.6M | Added +66.8% |
Analysts (FSM)
Consensus Buy (mean 1.75 on a 1–5 scale), 4 analysts; mean target USD 14.5 (low 14.5, high 14.5).
Total return (dividends reinvested) (FSM)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +16.0% | +93.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +16.0% | +14.1% |
| Volatility (annualized) | 58.0% | 56.8% |
| Max drawdown | -41.2% (Feb 2026→Jul 2026) | -57.8% (Nov 2021→Sep 2022) |
FSM analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.17 | $0.46 | -63.4% | $0 | 4 |
| Next quarter (ends Dec 2026) | $0.32 | $0.49 | -35.4% | $0 | 3 |
| Current fiscal year (ends Dec 2026) | $1.11 | $1.48 | -24.9% | $756.6M | 4 |
| Next fiscal year (ends Dec 2027) | $1.54 | $1.63 | -5.7% | $0 | 4 |
FSM options: expected move
Options price a move of about ±12.6% (±$1.20) by Nov 20, 2026, which includes earnings on Nov 4, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 52.1% | ±12.6% |
| Dec 18, 2026 | 56 | 47.4% | ±15.8% |
| Jan 15, 2027 | 84 | 51.4% | ±20.5% |
| Mar 19, 2027 | 147 | 51.7% | ±27.0% |
| Jun 17, 2027 | 237 | 54.5% | ±35.7% |
30-day implied volatility 52.4% vs 51.9% realized over the last 30 trading days. Put/call ratio (volume) 0.79. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:38 UTC)
| Price | USD 9.52 |
|---|---|
| Change | ▼ 7.93% (down) |
| Previous Close | USD 10.34 |
| Open | USD 10.01 |
| Day Range | USD 9.48 – 10.01 |
| 52-Week Range | USD 7.7 – 13.85 |
| Volume | 6,612,672 shares |
| Market Cap | $2.82B |
| Exchange | NYQ |
Technical Analysis (FSM)
Nexqual's technical model rates FSM "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 29.87 (oversold) |
| vs SMA50 | Below (USD 11.42) |
| MACD | -0.35 (negative) |
Analyst Ratings (FSM)
Wall Street analysts rate FSM "Buy" based on 4 analysts, with a mean price target of USD 14.5 (range USD 14.5–14.5), per Nexqual as of October 23, 2026 at 10:38 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 14.5 |
| High Target | USD 14.5 |
| Low Target | USD 14.5 |
| Buy / Hold / Sell | 3 / 1 / 0 |
Earnings (FSM)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.17 |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.24 vs est 0.29 ▼ miss |
| 2026-03-31 | USD 0.35 vs est 0.38 ▼ miss |
| 2025-12-31 | USD 0.23 vs est 0.23 ▲ beat |
| 2025-09-30 | USD 0.17 vs est 0.19 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financials & Fundamentals (FSM)
| Total Revenue | $1.18B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +38.20% |
| Gross Margin | +57.24% |
| Operating Margin | +51.07% |
| Profit Margin | +31.98% |
| ROE | +24.15% |
| Debt / Equity | 0.13 |
| Current Ratio | 3 |
| Total Cash | $614.39M |
| Total Debt | $234.17M |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financial Health Score (FSM)
Nexqual rates Fortuna Mining Corp.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:38 UTC.
| Growth | Critical — Revenue -11% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 57%, operating 51% (last 12 months) |
| Balance Sheet | Strong — $614M cash vs $234M debt, net cash position |
| Cash Flow | Solid — Operating cash flow $621M (TTM) |
| Efficiency | Strong — ROE 24%, ROA 16.8% |
Ownership (FSM)
| Insider Ownership | +0.62% |
|---|---|
| Institutional Ownership | +80.30% |
| Shares Outstanding | 295.96M |
| Float | 292.81M |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Leadership (FSM)
Fortuna Mining Corp. is led by Jorge A. Ganoza Durant B.Sc., Eng, Co-Founder, CEO & Director, per Nexqual as of October 23, 2026 at 10:38 UTC.
| Co-Founder, CEO & Director | Jorge A. Ganoza Durant B.Sc., Eng |
|---|---|
| President | Luis Dario Ganoza Durant B.Sc., BSc Eng., M.B.A., M.Sc. |
| Co-Founder & Director | Mario D. Szotlender |
| Senior Vice President of Technical Services | Eric N. Chapman P.Geo. |
| Chief Operating Officer of Latin America | Cesar E. Velasco |
Major Backers & Investors (FSM)
Notable institutional backers of Fortuna Mining Corp. include Van Eck Associates Corporation, VanEck ETF Trust-VanEck Gold Miners ETF, Mirae Asset Global ETFs Holdings Ltd., according to Nexqual as of October 23, 2026 at 10:38 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Van Eck Associates Corporation | 7.09% |
| VanEck ETF Trust-VanEck Gold Miners ETF | 5.4% |
| Mirae Asset Global ETFs Holdings Ltd. | 5.08% |
| Acadian Asset Management. LLC | 4.06% |
| GLOBAL X FUNDS-Global X Silver Miners ETF | 3.78% |
| American Century Companies Inc | 2.88% |
| Shaw D.E. & Co., Inc. | 2.7% |
| Arrowstreet Capital, Limited Partnership | 2.22% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Dimensional Fund Advisors | 3.57% |
| Vanguard Group | 2.99% |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| AAUC | Allied Gold Corporation | USD 19.83 | ▼ 3.88% |
| NG | Novagold Resources Inc. | USD 6.24 | ▼ 4.15% |
| ARIS | Aris Mining Corporation | USD 15.65 | ▼ 8.1% |
| CGAU | Centerra Gold Inc. | USD 20.5 | ▼ 6.99% |
| OGC | OceanaGold Corporation | USD 25.27 | ▼ 5.53% |
| SSRM | SSR Mining Inc. | USD 29.2 | ▼ 7.18% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt