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 6,810 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
We haven’t received any recent analyst ratings for FSM.
Financial journalist opinion
Based on 6 articles about FSM published over the past 30 days
Positive
Seeking Alpha
1 week 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 week ago
Bet On These 5 Top-Ranked Stocks With Rising P/E
Tap five stocks with increasing P/E ratios for an out-of-the-box approach. These stocks are Constellation Brands, Stryve Foods, Canoo, Fortuna Mining & Qualcomm.
Positive
Zacks Investment Research
2 weeks ago
5 Mining Stocks to Add Shine to Your Portfolio Before the Year Ends
Gold and silver are poised to end this year strong and gain further in 2025. We suggest adding PAAS, FNLPF, CDE, NGD and FSM for potential gains in 2025.
Neutral
GlobeNewsWire
3 weeks ago
Fortuna extends Kingfisher deposit with drill intersect of 4.1 g/t Au over 15.3 meters at the Séguéla Mine, Côte d'Ivoire
VANCOUVER, British Columbia, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d'Ivoire.
Positive
Zacks Investment Research
4 weeks ago
Looking for a Growth Stock? 3 Reasons Why Fortuna (FSM) is a Solid Choice
Fortuna (FSM) possesses solid growth attributes, which could help it handily outperform the market.
Neutral
GlobeNewsWire
1 month ago
Fortuna updates Mineral Reserves and Mineral Resources for the Séguéla Mine, Côte d'Ivoire
VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce updated Mineral Reserves and Mineral Resources at its Séguéla Mine with the discovery of over 500,000 gold ounces of new Inferred Resources.
Neutral
GlobeNewsWire
1 month ago
Fortuna reports progress on its share buyback program
VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report that during the fourth quarter as of Friday, November 29, 2024, it has repurchased under the Company's normal course issuer bid (NCIB) an aggregate of 6,402,640 common shares on the open market of the New York Stock Exchange. Shares were repurchased at a weighted-average price of $4.77 per common share for a total gross amount of $30,529,066, excluding brokerage fees; these shares will be cancelled. To date, the Company has repurchased 41.88 percent of the 15,287,201 shares it is authorized to repurchase under the NCIB (refer to Fortuna news release dated April 30, 2024 ).
Positive
Zacks Investment Research
1 month ago
3 Reasons Why Fortuna (FSM) Is a Great Growth Stock
Fortuna (FSM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Positive
Zacks Investment Research
1 month ago
Fortuna Mining's Q3 Earnings Beat Estimates, Rise Y/Y on High Prices
FSM's third-quarter 2024 results reflect the impacts of higher gold and silver prices.
Neutral
Seeking Alpha
2 months ago
Fortuna Mining Corp. (FSM) Q3 2024 Earnings Call Transcript
Fortuna Mining Corp. (NYSE:FSM ) Q3 2024 Results Conference Call November 7, 2024 12:00 PM ET Company Participants Carlos Baca - Vice President, Investor Relations Jorge Alberto Ganoza - President and Chief Executive Officer Luis D. Ganoza - Chief Financial Officer David Whittle - Chief Operating Officer, West Africa Conference Call Participants Don DeMarco - National Bank Financial Adrian Pay - Adrian Pay Asset Management Operator Greetings.
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