Fortuna Mining (FSM) vs. Its Peers Critical Review

Fortuna Mining (NYSE:FSM) is one of 1,984 public companies in the “Metals & Mining” industry, but how does it compare to its competitors? We will compare Fortuna Mining to similar companies based on the strength of its analyst recommendations, institutional ownership, valuation, earnings, risk, profitability and dividends.

Profitability

This table compares Fortuna Mining and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fortuna Mining	24.70%	17.19%	12.61%
Fortuna Mining Competitors	-1,168,050,136,845,918,000.00%	-53.17%	-2.08%

Insider & Institutional Ownership

33.8% of Fortuna Mining shares are owned by institutional investors. Comparatively, 16.1% of shares of all “Metals & Mining” companies are owned by institutional investors. 1.0% of Fortuna Mining shares are owned by insiders. Comparatively, 17.6% of shares of all “Metals & Mining” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Volatility and Risk

Fortuna Mining has a beta of 1.02, indicating that its stock price is 2% more volatile than the S&P 500. Comparatively, Fortuna Mining’s competitors have a beta of 0.96, indicating that their average stock price is 4% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Fortuna Mining and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fortuna Mining	0	1	4	0	2.80
Fortuna Mining Competitors	6404	22599	32294	1796	2.47

Fortuna Mining presently has a consensus price target of $14.00, suggesting a potential upside of 47.91%. As a group, “Metals & Mining” companies have a potential upside of 29.69%. Given Fortuna Mining’s stronger consensus rating and higher probable upside, equities analysts clearly believe Fortuna Mining is more favorable than its competitors.

Valuation & Earnings

This table compares Fortuna Mining and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fortuna Mining	$947.06 million	$287.47 million	8.02
Fortuna Mining Competitors	$5.46 billion	$278.94 million	-44.99

Fortuna Mining’s competitors have higher revenue, but lower earnings than Fortuna Mining. Fortuna Mining is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Fortuna Mining beats its competitors on 10 of the 13 factors compared.

About Fortuna Mining

Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.