Nama Insights

Fortuna Mining (FSM)

Basic Materials · Gold · NYSE

Fortuna Mining (FSM) is a Basic Materials company in the Gold industry. It has a market capitalization of $2.85B, a trailing price-to-earnings ratio of 9.8 and a free-cash-flow yield of 9.0%. Over the most recent reported fiscal year, revenue grew 39.8% and free cash flow per share grew 261.6%. Nama's AI scorecard rates it Strong Buy, 8.6 out of 10. On 12-month momentum it ranks in the rising band of its market.
AI scorecard
Strong Buy · 8.6/10
The top band of the Fundamental Verdict (8.6–10). As of Nov 7, 2026.
Momentum
Rising · +26.8% over 12 months ex. last
Second-best fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-30.5%
How far the last close sits under the highest price of the past five years.
Market cap$2.85B
Trailing P/E9.8
Price / book1.6
Price / sales2.4
FCF yield9.0%
Dividend yield—
Gross margin57.2%
Operating margin48.7%
Net margin32.0%
Revenue growth (YoY)+39.8%
Revenue growth (3-yr annual)+11.6%
EPS growth (YoY)+55.1%
FCF/share growth (YoY)+261.6%
Beta2.2
ExchangeNYSE
SectorBasic Materials
IndustryGold

FSM earnings

Next report: Feb 17, 2027 (Q4 2026, EPS estimate $0.30). Beat the EPS estimate in 1 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Nov 4, 2026 $0.16 $0.14 +14.3% $293.44M
Q2 2026 Aug 5, 2026 $0.24 $0.29 -17.2% $318.41M
Q1 2026 May 7, 2026 $0.35 $0.38 -7.9% $342.47M
Q4 2025 Feb 18, 2026 $0.23 $0.23 +0.0% $270.24M

FSM analyst price target

Median target $14.50 from 1 analysts, ranging $14.50 – $14.50.

Gold peers

TickerCompanyMarket capP/E
NEM Newmont $125.65B 12.4
AEM Agnico Eagle Mines $96.85B 16.3
B Barrick Mining $66.76B 11.9
WPM Wheaton Precious Metals $61.91B 29.7
FNV Franco-Nevada $49.17B 40.3
AU AngloGold Ashanti $47.03B 11.7
GFI Gold Fields $34.90B 70.0
KGC Kinross Gold $26.20B 8.6
Explore live FSM data on Nama Insights →

FSM FAQ

Is FSM a buy?
Nama's AI scorecard currently rates Fortuna Mining Strong Buy (8.6 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is FSM's P/E ratio?
Fortuna Mining trades at a trailing price-to-earnings ratio of 9.8.
When does FSM report earnings?
Fortuna Mining's next scheduled report is on Feb 17, 2027. Analysts expect EPS of $0.30.
What is the FSM price target?
The median analyst price target from 1 analysts is $14.50, with a range of $14.50 – $14.50.
Is FSM Shariah compliant?
Nama's AAOIFI-style screen reads Fortuna Mining as Not Shariah Compliant. At least one of the three ratios or the industry test failed.