FSM
Fortuna Mining Corp.
$10.39
+0.83 (+8.68%) ↑
As of Aug 2, 2026, 9:21 PM EDT· Delayed 15 min
$3.1B
Market Cap
68.4%
Above 52W Low
$6.17
52W Low
25.0%
Below 52W High
52-Week Range
$6.17
52W Low
$13.85
52W High
Holders
5 TRACKED INVESTORS HOLD FSM
CI Global Asset Management trimmed 100,000 shares· Q1 2026 · filed 2026-05-13
Get Alerts for Fortuna Mining Corp. (FSM)
Get notified when a tracked investor or company insider files a buy or sell for FSM. Alerts cover US SEC filings (Form 4 and 13F) that GoldSignal ingests.
Insider buying
No recent insider transactions on file.
Latest fund position changes
View all13F
- CI Global Asset Managementdecrease
500,000 → 400,000 shares (-20.0% QoQ) · 2026-03-31 · Filed 2026-05-13 · SEC
- Sprott Inc.decrease
276,085 → 217,841 shares (-21.1% QoQ) · 2026-03-31 · Filed 2026-05-08 · SEC
Fund position filings reflect the last filed quarter and can be 45+ days old. They are not real-time.
Major stakes
View all- Passive stake13G/AArrowstreet Capital, Limited Partnership5%May 15, 2026SEC filing
Mine projects and jurisdiction risk
Jurisdiction Risk for Fortuna Mining Corp.
Geographic risk is not evenly distributed. A single high-risk jurisdiction can carry outsized exposure even when most operations are in stable regions.
Jurisdiction risk tiers based on the Fraser Institute Annual Survey of Mining Companies
FSM Project Locations
5 projectsGold beta
FSM Gold Beta
1.49Daily OLS vs GLD (or SLV) · 252 sessions · published when R² ≥ 0.10. Taller means larger magnitude moves with gold.
Fortuna Mining Corp.
FSMNYSE🇨🇦
Gold beta measures how much this stock tends to move for every 1% move in the price of gold.
Gold Beta
1.49x
Amplifies gold moves
R-squared
0.52
Model fit (moderate)
Reliability-Adjusted Beta
0.78x
R²-weighted beta
Observation Window
252-DAY
Daily returns
How to read
β > 1.1
amplifies gold moves
β 0.9-1.1
tracks gold
β 0-0.9
dampens gold moves
β < 0
moves inversely
FSM's beta of 1.49 means it has historically amplified gold moves.
R-squared of 0.52 indicates a moderate relationship.
Methodology: OLS regression of FSM returns vs. GLD returns over 252 trading days. Source: Polygon.io price data. Updated daily.
Valuation measures
Trailing ratios from reported financials and cached prices.
| Metric | Current |
|---|---|
| Enterprise Value | $2.6B |
| Trailing P/E | 7.90 |
Company Details
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'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
CEO
Jorge A. Ganoza Durant
HeadquartersVancouver, BC
Key Stats
At a Glance
Analyst estimates
Sell-side consensus figures from FMP. Separate from filed company facts above.
Sell-side estimates
Estimates for FY ending Dec 31, 2026 · based on 2 analysts · FMP
Price target: $14.50 (2 analysts)
Trading at $10.39, target $14.50 (+40%)
All-time avg $10.14 (7 targets)
Ownership from tracked investor filings and public statements. Insider buying from SEC filings (Form 4).





