Fortuna(FSM)

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3 Reasons Growth Investors Will Love Fortuna (FSM)
ZACKS· 2025-06-02 17:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - Fortuna Mining (FSM) is currently highlighted as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company operates in the silver and gold mining sector, which is characterized by significant growth potential [3] Group 2: Earnings Growth - Fortuna's historical EPS growth rate stands at 19.6%, but the projected EPS growth for this year is significantly higher at 52.2%, surpassing the industry average of 37.6% [5] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Fortuna is reported at 31.4%, which is notably higher than the industry average of -2.4% [6] - Over the past 3-5 years, Fortuna has achieved an annualized cash flow growth rate of 38%, compared to the industry average of 5.7% [7] Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Fortuna have been revised upward, with the Zacks Consensus Estimate increasing by 6.1% over the past month [9] - Positive trends in earnings estimate revisions are correlated with near-term stock price movements, indicating strong potential for Fortuna [8] Group 5: Investment Positioning - Fortuna has achieved a Zacks Rank of 2 (Buy) and a Growth Score of A, positioning it well for potential outperformance in the market [11]
Fortuna publishes its 2024 Sustainability Report
GlobeNewswire News Room· 2025-05-21 09:00
VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce the publication of its seventh annual Sustainability Report, highlighting key developments in 2024 related to governance, corporate strategy, risk management, and performance. The report also outlines Fortuna’s commitments and progress on the environmental, social, and governance (ESG) factors most material to our business and stakeholders. Jorge A. Ganoza, President, and CEO, sta ...
Fortuna (FSM) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-05-16 14:56
Core Viewpoint - Fortuna Mining (FSM) has shown a downtrend recently, losing 8.6% over the past two weeks, but a hammer chart pattern suggests a potential trend reversal due to increased buying interest [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, with the formation suggesting that selling pressure may be exhausting [2][5]. - A hammer pattern forms when there is a small candle body with a long lower wick, indicating that despite a downtrend, buying interest emerges after reaching a new low [4][5]. - The occurrence of a hammer pattern at the bottom of a downtrend signals that bears may be losing control, indicating a potential trend reversal [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for FSM, which is a bullish indicator [7]. - The consensus EPS estimate for FSM has increased by 6.3% over the last 30 days, reflecting analysts' agreement on the company's potential for better earnings [8]. - FSM holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, indicating strong potential for outperformance in the market [9].
Here is Why Growth Investors Should Buy Fortuna (FSM) Now
ZACKS· 2025-05-15 17:45
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill this potential is challenging [1] Group 1: Fortuna Mining Overview - Fortuna Mining (FSM) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 19.6%, with projected EPS growth of 46.7% this year, surpassing the industry average of 46.2% [4] Group 2: Cash Flow Growth - Fortuna's year-over-year cash flow growth is 31.4%, significantly higher than the industry average of -4.1% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 38%, compared to the industry average of 4.8% [6] Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Fortuna, with the Zacks Consensus Estimate for the current year increasing by 6.3% over the past month [7] Group 4: Investment Positioning - Fortuna has earned a Growth Score of A and carries a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [9]
FSM Divests Yaramoko Mine, Provides Updated 2025 GEO Outlook
ZACKS· 2025-05-15 15:36
Core Viewpoint - Fortuna Mining Corp. has completed the sale of its interest in the Yaramoko Mine and three other subsidiaries to Soleil Resources International Ltd, marking a strategic shift in its operational focus and liquidity management [1][2][3][4]. Group 1: Sale Details - Fortuna Mining sold its interest in the Yaramoko Mine due to its limited remaining life and challenging operating conditions in Burkina Faso [3]. - The sale generated $70 million for Fortuna Mining, along with a $53.8 million dividend received prior to the deal's closure [4]. - The transaction is expected to enhance Fortuna Mining's liquidity, increasing cash and short-term investments to over $380 million and total liquidity to over $530 million [4]. Group 2: Operational Impact - Following the sale, Fortuna Mining will no longer have operations in Burkina Faso, with its portfolio now including the Séguéla mine in Côte d'Ivoire, Lindero mine in Argentina, Caylloma mine in Peru, and the Diamba Sud Gold Project in Senegal [2]. - The company has updated its 2025 gold equivalent production forecast to 309,000-339,000 ounces, a decrease from the previous range of 380,000-422,000 ounces, reflecting an 18% year-over-year dip [5]. - The All-in Sustaining Cost for 2025 is now projected to be between $1,670 and $1,765 per GEO, up from the earlier estimate of $1,550 to $1,680, primarily due to the exclusion of Yaramoko's contribution [5]. Group 3: Stock Performance - Fortuna Mining's shares have increased by 0.9% over the past year, contrasting with a 7% decline in the industry [6].
Fortuna Mining (FSM) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-04-29 23:20
Fortuna Mining (FSM) ended the recent trading session at $6.07, demonstrating a -1.62% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.58%. At the same time, the Dow added 0.75%, and the tech-heavy Nasdaq gained 0.55%.Shares of the silver and gold miner have appreciated by 1.15% over the course of the past month, outperforming the Basic Materials sector's loss of 1.58% and the S&P 500's loss of 0.84%.The investment community will be paying clos ...
Fortuna (FSM) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-04-24 17:05
Core Viewpoint - Fortuna Mining (FSM) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Fortuna's Earnings Outlook - For the fiscal year ending December 2025, Fortuna is expected to earn $0.66 per share, reflecting a 43.5% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Fortuna has risen by 4.8%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Fortuna to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Is Fortuna Mining Corp. (FSM) Outperforming Other Basic Materials Stocks This Year?
ZACKS· 2025-04-24 14:46
Company Performance - Fortuna Mining has gained approximately 42% year-to-date, significantly outperforming the average gain of 2.6% in the Basic Materials sector [4] - The Zacks Consensus Estimate for Fortuna Mining's full-year earnings has increased by 4.8% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [4] - Fortuna Mining currently holds a Zacks Rank of 2 (Buy), suggesting a favorable investment outlook [3] Industry Comparison - Fortuna Mining is part of the Mining - Miscellaneous industry, which includes 58 companies and has an average year-to-date gain of 3.2, indicating that Fortuna Mining is performing better than its industry peers [6] - In contrast, Akzo Nobel NV, another stock in the Basic Materials sector, has a year-to-date return of 4.5% and belongs to the Chemical - Diversified industry, which has seen a decline of 18.7% year-to-date [5][6] - The Basic Materials sector ranks 8 in the Zacks Sector Rank, reflecting the overall strength of the sector [2]
Fortuna to release first quarter 2025 financial results on May 7, 2025; Conference call at 12 p.m. Eastern time on May 8, 2025
GlobeNewswire News Room· 2025-04-22 09:00
VANCOUVER, British Columbia, April 22, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that it will release its financial statements and MD&A for the first quarter on Wednesday, May 7, 2025, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, May 8, 2025, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesa ...
Fortuna to release first quarter 2025 financial results on May 7, 2025; Conference call at 12 p.m. Eastern time on May 8, 2025
Newsfilter· 2025-04-22 09:00
Core Points - Fortuna Mining Corp. will release its financial statements and MD&A for Q1 on May 7, 2025, after market close [1] - A conference call to discuss the results will take place on May 8, 2025, at 9:00 a.m. Pacific time [2] - The call will be hosted by key executives including the President and CEO, CFO, and COOs for Latin America and West Africa [2] Conference Call Details - Date: May 8, 2025 [4] - Time: 9:00 a.m. Pacific time | 12:00 p.m. Eastern time [4] - Dial-in numbers: Toll-Free: +1.888.506.0062, International: +1.973.528.0011 [4] - Access code for the call: 794316 [4] - Replay availability until May 22, 2025, for the call and until May 8, 2026, for the webcast [4] Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with operations in multiple countries including Argentina, Burkina Faso, Côte d'Ivoire, Mexico, and Peru [5] - The company focuses on sustainability, producing gold and silver while ensuring environmental protection and social responsibility [5]