Gold and silver prices are in rebound mode after last week’s precious metals plunge, with the former losing 10% and the latter plummeting 30% in value in and around January 30.The sharp plunge sheds light on the fickleness of the commodities market, where a multitude of factors, including the U.S. dollar, interest rate buzz, and market risk, top the precious metals trading charts.“This looks more like extreme whiplash and margin calls than a fundamental breakdown in demand for gold and silver,” said David M ...

Core Viewpoint - Fortuna Mining Corp (FSM) is a significant player in the mining industry, focusing on precious metals like silver and gold, with operations in Latin America and West Africa [1] Stock Performance - FSM's stock has seen a slight decline of approximately 2.66% over the past month, with a more notable 10-day decline of about 10.14%, which may present a buying opportunity for long-term investors [2][5] Growth Potential - FSM has a significant stock price growth potential of 44.26%, indicating that the stock is currently undervalued and presents an attractive entry point for growth-seeking investors [3][5] - The company boasts a high Piotroski Score of 8, reflecting strong fundamentals that support its potential for substantial appreciation [3][5] Target Price - Analysts have set a target price for FSM at $14, suggesting confidence in the company's ability to achieve its growth objectives and indicating significant upside from current trading levels [4]

Core Viewpoint - Fortuna Mining Corp. is recognized as one of the best-performing silver stocks to consider for investment, with positive ratings and growth projections from analysts [1][2]. Group 1: Analyst Ratings and Price Targets - BMO Capital has maintained an Outperform rating for Fortuna Mining Corp. and increased its price target from C$15 to C$17, indicating confidence in the company's future performance [2]. Group 2: Production and Financial Outlook - Fortuna Mining Corp. anticipates producing between 281,000 and 305,000 ounces of gold equivalent in 2026, driven by increased output at the Seguela Mine, although this will be partially offset by reduced production at Caylloma due to gold-to-base-metal conversion impacts [3]. - The estimated all-in sustaining cost (AISC) per ounce is projected to be between $1,830 and $1,975, influenced by higher royalties and metal price impacts at Caylloma [3]. - Growth in production is expected to be supported by higher gold output at Seguela and reduced cash costs at Lindero, despite challenges from increased costs [3]. Group 3: Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with operations in West Africa and Latin America, focusing on gold and silver production [4].

Core Viewpoint - Fortuna Mining Corp. has announced updated Mineral Reserves and Resources for the Séguéla Mine, indicating a total of 1.54 million ounces of gold in Mineral Reserves as of December 31, 2025, with significant potential for further growth and expansion in production capacity [1][2][9]. Mineral Reserves - The Séguéla Mine has Proven and Probable Mineral Reserves of 16.0 million tonnes, containing 1.54 million ounces of gold, reflecting a 31% increase in contained gold ounces compared to October 31, 2025 [9]. - Mineral Reserve tonnes increased by 23% and the average gold grade rose by 7% to 3.01 g/t Au during the same period [9]. - The first-time estimation of underground Mineral Reserves at the Sunbird deposit totals 3.5 million tonnes at an average grade of 3.60 g/t Au, containing 401,000 ounces of gold [13]. Mineral Resources - Measured and Indicated Mineral Resource gold ounces, exclusive of Mineral Reserves, decreased by 333,000 ounces due to the application of modifying factors for the estimation of underground Mineral Reserves [9]. - Inferred Resources remained relatively unchanged compared to October 31, 2025 [10]. Production and Expansion Potential - The mine life of Séguéla now exceeds 9 years at current production rates, with exploration drilling indicating further growth potential [2]. - A processing plant expansion study has been initiated, which could increase annual gold production to over 200,000 ounces, with completion expected in Q2 2026 [2][14]. - Current mining rate is 1.75 million tonnes per annum, with plans to expand capacity to between 2.0 and 2.5 million tonnes per year [7][14]. Exploration and Future Growth - Exploration drilling completed in 2025 suggests that mineralization at the Sunbird deposit remains open down plunge and down dip, with an updated estimate planned for Q2 2026 [7]. - Drilling at Kingfisher, Koula, and Ancien deposits shows that mineralization remains open at depth, indicating additional potential for underground mining expansion [7].

Core Insights - Fortuna Mining Corp. has experienced a significant stock price increase of over 59.27% in the past six months, indicating strong market performance [1] - The company announced positive exploration drilling results from its Diamba Sud Gold Project in Senegal, highlighting the potential for resource expansion [2] Group 1: Economic Potential - The Preliminary Economic Assessment indicates a strong economic outlook with an estimated after-tax NPV5% of US$563 million and a 72% IRR at a gold price of US$2,750 per ounce [2] - Recent drilling results show high-grade mineralization, with hole DSDD555 returning 6.8 g/t gold over 35.5 meters true width, suggesting significant resource potential [2] Group 2: Future Plans - Fortuna Mining Corp. aims to complete a feasibility study and make a construction decision by Q2 2026, which could further enhance project value [3] - Updated resource estimates are expected in Q1 2026, potentially increasing the attractiveness of the project ahead of the feasibility study [3] Group 3: Company Overview - Fortuna Mining Corp. is a Canadian mining company focused on extracting precious metals, primarily gold and silver, with operations in Latin America and West Africa [4]

Core Viewpoint - Fortuna Mining Corp. achieved its annual production guidance for 2025, producing 317,001 gold equivalent ounces (GEO) across its three operating mines in Latin America and West Africa, despite a decrease in fourth-quarter production due to mechanical downtime at the Lindero mine [1][6]. Fourth Quarter 2025 Highlights - GEO production for Q4 2025 was 65,130, down from 72,462 in Q3 2025 and 75,562 in Q4 2024, primarily due to mechanical downtime at Lindero [2][6]. - Lindero's production was impacted by a failure of the primary crusher and HPGR, leading to a 21% decrease in gold production compared to the previous quarter [15][16]. Full Year 2025 Highlights - Total GEO production from ongoing operations was 279,207, a decrease from 292,169 GEO in 2024, attributed to rising gold prices affecting the gold-to-base-metal ratios [6]. - Séguéla mine achieved record gold production of 152,426 ounces, exceeding the upper end of its annual guidance by 4% [11][6]. - The company streamlined its portfolio by divesting short reserve-life assets, including the San Jose and Yaramoko mines [6]. 2026 Outlook Highlights - The company aims for GEO production between 281,000 and 305,000, representing a projected increase of 1% to 9% compared to 2025 [6][28]. - Cash costs are expected to range from $895 to $1,000 per GEO, with all-in sustaining costs (AISC) projected between $1,830 and $1,975 per GEO [6][29]. - Key growth projects include advancing the Diamba Sud Gold Project and expanding the Séguéla processing plant [6][26]. Regional Performance Séguéla Mine, Côte d'Ivoire - Séguéla produced 36,942 ounces of gold in Q4 2025, with a gold grade of 3.16 g/t and a recovery rate of 92.1% [8][9]. - The mine's production was impacted by downtime due to maintenance but still achieved record annual production [11][7]. Lindero Mine, Argentina - Lindero produced 19,201 ounces of gold in Q4 2025, a 21% decrease from Q3 2025, due to mechanical issues [15][17]. - The mine's total production for 2025 was 87,489 ounces, falling short of annual guidance [17]. Caylloma Mine, Peru - Caylloma produced 39,292 GEO in 2025, with strong operational performance in base metal production exceeding guidance [20][24]. - The mine processed 555,649 tonnes of ore in 2025, maintaining consistent production levels [19][22]. Financial Position - As of December 31, 2025, the company had an estimated liquidity of $704 million and a net cash position of $382 million, supporting planned investments in project development and expansion [27].

Core Viewpoint - The share price of Solvay SA (SVYSF) is under pressure due to concerns regarding the sustainability of its dividend [1] Group 1: Company Overview - Solvay SA is facing scrutiny over its dividend sustainability, which is impacting its share price [1] - The company is part of a broader investment strategy that includes a mix of dividend and growth stocks [1] Group 2: Investment Strategy - The Investment Doctor emphasizes the importance of a portfolio that balances dividend income with capital gains, particularly in the small-cap sector [1] - The investment group European Small Cap Ideas focuses on high-quality small-cap investment opportunities in Europe, providing model portfolios and educational content [1]

Core Insights - Fortuna Mining Corp is undergoing a portfolio optimization process aimed at transitioning up to 2025, rather than pursuing an unconstrained expansion strategy. This fundamental change may take time for the market to fully recognize [1]. Company Analysis - The focus of Fortuna Mining Corp is on optimizing its portfolio, indicating a strategic shift towards enhancing operational efficiency and value creation rather than merely expanding its asset base [1]. Industry Perspective - The consumer products sector is characterized by companies that possess strong brand recognition, solid financials, and growth potential, which are critical factors for identifying profitable investment opportunities [1].

Core Insights - Windfall Geotek Inc. has identified 11 high-priority zinc targets in the Chibougamau mining camp region of Québec for Tomagold, utilizing its AI-driven mineral exploration technology [1][2] - The AI System analyzed over 112,704 historical assays and evaluated approximately 505,755 cells, reducing the exploration search area by 98-99%, which significantly lowers exploration time and costs [2][5] - Tomagold has initiated field investigations and drilling campaigns based on AI-generated targets, with ongoing fieldwork expected to continue on additional targets [3][4] Company Overview - Windfall Geotek is a leader in AI-driven mineral exploration, leveraging historical geological data and advanced algorithms to enhance exploration efforts [5][6] - The company aims to validate selected AI-generated targets to demonstrate the effectiveness and reliability of its AI system [6][7] - Windfall's multidisciplinary team includes geophysicists, geologists, AI specialists, and mathematicians, expanding its expertise into various applications beyond mineral exploration [6][7]

Core Viewpoint - Fortuna Mining Corp. reports positive exploration drilling results from the Southern Arc deposit at the Diamba Sud Gold Project in Senegal, indicating strong potential for resource growth and robust project economics with an estimated after-tax NPV5% of US$563 million and an IRR of 72% at a gold price of US$2,750 per ounce [1][2]. Exploration Results - The company has completed an additional 63 reverse-circulation and diamond drill holes totaling 9,619 meters at Southern Arc, with ongoing drilling using five rigs [3][6]. - Significant drill results include: - DSDD555: 6.8 g/t gold over an estimated true width of 35.5 meters [2][3]. - DSDD574: 1.7 g/t gold over an estimated true width of 29.6 meters and 2.0 g/t over an estimated true width of 20.0 meters [5][6]. - DSDD558: 8.8 g/t gold over an estimated true width of 14.4 meters [4][5]. - DSDD563: 5.8 g/t gold over an estimated true width of 20.8 meters [4][5]. Project Development - The Diamba Sud project is currently at the PEA stage and is advancing towards a feasibility study, with a construction decision targeted for the second quarter of 2026 [1][2]. - An updated resource estimate is expected in the first quarter of 2026, incorporating the latest drilling results [2][3]. Geological Context - Mineralization at Southern Arc is characterized by fine stockwork vein arrays and pyrite-silica flooding, with strong correlation to tectonic breccia and carbonate units [7][8]. - The mineralization remains open to the south, east, and at depth, with drilling only testing to approximately 150 meters below the surface [8].