$3.3B
Market Cap
50.9%
Above 52W Low
$7.46
52W Low
18.8%
Below 52W High
$13.85
52W High
52-Week Range
$7.46
52W Low
$13.85
52W High
Holders
6 TRACKED INVESTORS HOLD FSM
U S GLOBAL INVESTORS INC increased by 359,941 shares· as of 2026-06-30 · filed 2026-07-27
Insider buying
4 buys by 1 insider · latest May 15, 2026 · last 12 months
Jorge A. Ganoza Durant
Director
$70,518
CAD $97K at 0.73 exchange (derived USD, FX as-of not published)
10,000 sh
May 15, 2026
SEDI4720232Jorge A. Ganoza Durant
Director
$75,187
CAD $103K at 0.73 exchange (derived USD, FX as-of not published)
10,000 sh
May 12, 2026
SEDI4718424Jorge A. Ganoza Durant
Director
$158,454
CAD $217K at 0.73 exchange (derived USD, FX as-of not published)
20,000 sh
May 11, 2026
SEDI4717913
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
Company Snapshot
Market & Listing
- Primary listing
- NYSE (FSM)
- Market Cap Tier
- Mid
- P/E (TTM)
- 7.9x
- Gold β
- 1.54OLS vs GLD/SLV · 252 daily sessions · R² reliability
Company & Operations
- Headquarters
- Vancouver, BC
- Stage
- Producer
- Commodities
- gold, silver
- Flagship
- Séguéla (Worodougou, Côte d'Ivoire)
- Jurisdictions
- Côte d'Ivoire, Burkina Faso, Argentina, Mexico, Peru
Contact & Links
- Website
- Visit
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 projectsFSM Gold Beta
1.54Latest fund position changes
View all13F
- U S GLOBAL INVESTORS INCincrease
U.S. Global Investors
383,650 → 743,591 shares (+93.8% QoQ) · as of 2026-06-30 · filed 2026-07-27 · SEC
- Sprott Inc.increase
217,841 → 316,718 shares (+45.4% QoQ) · as of 2026-06-30 · filed 2026-07-28 · SEC
Fund position filings reflect the last filed quarter and can be 45+ days old. They are not real-time.
Major stakes 5%+
View all- Passive stake13GArrowstreet Capital, Limited Partnership5%as of 2026-03-31 · filed 2026-05-15SEC filing
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
1.54x
Amplifies gold moves
R-squared
0.62
Model fit (moderate)
Reliability-Adjusted Beta
0.95x
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 1.54 means it has historically amplified gold moves.
R-squared of 0.62 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 |
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 $11.25, target $14.50 (+29%)
All-time avg $10.14 (7 targets)
Ownership from tracked investor filings and public statements. Insider buying from Canadian SEDI insider filings.