Fortuna Silver Mines
About: Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, and Peru.
Employees: 2,490
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
45% more call options, than puts
Call options by funds: $12.6M | Put options by funds: $8.69M
17% more capital invested
Capital invested by funds: $645M [Q2] → $753M (+$108M) [Q3]
13% more funds holding
Funds holding: 147 [Q2] → 166 (+19) [Q3]
7.85% more ownership
Funds ownership: 42.55% [Q2] → 50.4% (+7.85%) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 49
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$6
16%
upside
Avg. target
$6
16%
upside
High target
$6
16%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Scotiabank Eric Winmill 67% 1-year accuracy 6 / 9 met price target | 16%upside $6 | Sector Perform Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 7 articles about FSM published over the past 30 days
Positive
Zacks Investment Research
3 days ago
Fortuna Mining (FSM) Outperforms Broader Market: What You Need to Know
In the closing of the recent trading day, Fortuna Mining (FSM) stood at $5.32, denoting a +0.57% change from the preceding trading day.
Neutral
Zacks Investment Research
1 week ago
Fortuna Mining (FSM) Ascends While Market Falls: Some Facts to Note
Fortuna Mining (FSM) concluded the recent trading session at $5.07, signifying a +0.4% move from its prior day's close.
Positive
Zacks Investment Research
1 week ago
Fortuna Mining (FSM) is a Great Momentum Stock: Should You Buy?
Does Fortuna Mining (FSM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
Zacks Investment Research
2 weeks ago
Fortuna Mining's Gold Equivalent Production Rises 1% Y/Y in 2024
FSM expects lower production in 2025 than the prior year due to the expected sale of the San Jose Mine in the first quarter of 2025.
Neutral
GlobeNewsWire
2 weeks ago
Fortuna reports record production of 455,958 Au Eq ounces for 2024 and provides 2025 outlook.
VANCOUVER, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) reports production results for the fourth quarter and full year 2024 from its five operating mines in Latin America and West Africa. For the full year 2024, Fortuna produced a record 369,637 ounces of gold and 3,724,945 ounces of silver for a record 455,958 gold equivalent ounces1, including lead and zinc by-products. All references to dollar amounts in this news release are expressed in US dollars.
Negative
Zacks Investment Research
3 weeks ago
Fortuna Mining (FSM) Stock Slides as Market Rises: Facts to Know Before You Trade
In the closing of the recent trading day, Fortuna Mining (FSM) stood at $4.25, denoting a -1.16% change from the preceding trading day.
Neutral
GlobeNewsWire
3 weeks ago
Fortuna announces sale of non-core San Jose Mine, Mexico
VANCOUVER, British Columbia, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce it has entered into a binding letter agreement (the “Letter Agreement”) to sell (the “Transaction”) its 100 percent interest in Compañia Minera Cuzcatlan S.A. de C.V. (“Cuzcatlan”) to Minas del Balsas S.A. de C.V. (“MDB”), a private Mexican company. Cuzcatlan is the owner of a 100 percent interest in the San Jose Mine in the state of Oaxaca, Mexico. Following the sale, Fortuna will cease to have any interest in the San Jose Mine, other than the net smelter return royalty described below. The San Jose Mine was scheduled to initiate a progressive closure process starting in early 2025.
Neutral
Zacks Investment Research
1 month ago
Fortuna Mining (FSM) Rises Higher Than Market: Key Facts
Fortuna Mining (FSM) closed the most recent trading day at $4.51, moving +0.67% from the previous trading session.
Positive
Seeking Alpha
1 month ago
Bullish Gold Boosts Fortuna Mining Outlook, Shares Trade Low
Fortuna Mining Corp. receives a “Buy” rating. Its primary commodity, gold, is seeing per-ounce prices rise driven by interest rate cuts from the U.S. Federal Reserve and robust safe-haven demand. The company's profitability is expected to improve, supported by bullish gold prices above all else, consistent production, operational efficiencies, and disciplined capital allocation to assets development. Fortuna improves its financial position: increased liquidity and less dependence on expensive loans. The financial position supports the company in its goal of drawing significant growth potential from ongoing projects.
Positive
Zacks Investment Research
1 month ago
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