FSM on NYSE

FORTUNA MINING CORP.

FORTUNA MINING CORP. is a Canadian Gold and Silver Ores company based in Vancouver, active since 1990.2 Its shares trade on NYSE under the symbol FSM.2

Price unavailable

Last updated Oct 20, 2026.

Overview

$947.1MRevenue, fiscal 20253
$311.1MNet income, fiscal 20253

Compare with Centerra Gold, First Majestic Silver or Franco-Nevada, or pick any stock.

  • TickerFSM on NYSE2
  • IndustryGold and Silver Ores2
  • HeadquartersVancouver, Canada2
  • Incorporated inBritish Columbia, Canada4
  • Business address1111 Melville Street, Suite 820, Vancouver, V6E 3V64
  • Legal formCompany (includes community contribution company and unlimited liability company)2
  • LEI5493003Q88RVK7CW47352
  • StatusActive2
  • LEI statusIssued and current2
  • Registered address1111 Melville Street, V6E 3V6 Vancouver, Canada2
  • Registered withBC Registry Services, BC03929432

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

49.3%Gross margin3
43.1%Operating margin3
32.8%Net margin3
39.8%Revenue growth, 20253
17.9%Return on equity3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Gold Dore brought in 87% of the revenue FORTUNA MINING CORP. broke down this way in fiscal 2025.

  1. Gold Dore$820.0M387%up 46% from 2024
  2. Silver Lead Concentrates [member]$81.3M39%up 26% from 2024
  3. Zinc Concentrates [member]$42.2M34%down 15% from 2024
  4. Provisional Pricing Adjustments$3.5M30%up 224% from 2024
Products and services by year
Products and services20242025
Gold Dore$562.3M$820.0M
Silver Lead Concentrates [member]$64.3M$81.3M
Zinc Concentrates [member]$49.5M$42.2M
Provisional Pricing Adjustments$1.1M$3.5M

Regions

CI brought in 56% of the revenue FORTUNA MINING CORP. broke down this way in fiscal 2025.

  1. CI$525.8M356%up 59% from 2024
  2. AR$294.2M331%up 27% from 2024
  3. P E$127.1M313%up 11% from 2024
Regions by year
Regions20242025
CI$330.4M$525.8M
AR$231.9M$294.2M
P E$114.9M$127.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue48¢$480.2M
  • Selling, general and admin10¢$97.7M
  • Income tax11¢$111.4M
  • Profit31¢$311.1M

Out of $947.1M in revenue.3

Financial statements

Revenue56789103$947.1M in 2025+260% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $263.3M$263.3M20182019: $257.2M$257.2M2019−2%2020: $279.0M$279.0M2020+8%2021: $599.9M$599.9M2021+115%2022: $681.5M$681.5M2022+14%2023: $842.4M$842.4M2023+24%2024: $677.2M$677.2M2024−20%2025: $947.1M$947.1M2025+40%
Gross profit56789103$466.9M in 2025+383% since 2018
0$200.0M$400.0M$600.0M2018: $96.6M$96.6M20182019: $84.6M$84.6M2019−12%2020: $110.2M$110.2M2020+30%2021: $205.5M$205.5M2021+86%2022: $146.8M$146.8M2022−29%2023: $190.0M$190.0M2023+29%2024: $233.4M$233.4M2024+23%2025: $466.9M$466.9M2025+100%
Operating income56789103$408.4M in 2025+563% since 2018
-$200.0M0$200.0M$400.0M$600.0M2018: $61.6M$61.6M20182019: $34.2M$34.2M2019−44%2020: $57.2M$57.2M2020+67%2021: $136.9M$136.9M2021+139%2022: -$113.6M-$113.6M20222023: -$407.0K-$407.0K2023−100%2024: $156.1M$156.1M20242025: $408.4M$408.4M2025+162%
Net income56789103$311.1M in 2025+815% since 2018
-$200.0M0$200.0M$400.0M2018: $34.0M$34.0M20182019: $23.8M$23.8M2019−30%2020: $21.6M$21.6M2020−9%2021: $59.4M$59.4M2021+176%2022: -$135.9M-$135.9M20222023: -$43.6M-$43.6M2023−68%2024: $141.9M$141.9M20242025: $311.1M$311.1M2025+119%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2025-12-312024-12-31
Sales$947.1M$677.2M
Cost of sales$480.2M$443.9M
Mine operating income$466.9M$233.4M
General and administration$97.7M$68.1M
Foreign exchange loss$7.8M$7.6M
Reversal of impairment of mineral properties, plant and equipment-$52.7M
Write-off of mineral properties$5.0M
Other expenses$690.0K$1.6M
Operating expenses (income), total$58.5M$77.2M
Operating income$408.4M$156.1M
Investment gains$3.4M$9.7M
Interest and finance costs, net-$12.3M-$24.1M
Gain on derivatives$698.0K
Financial income (expense), total-$8.2M-$14.4M
Income before income taxes$400.2M$141.7M
Current income tax expense$125.1M$77.0M
Deferred income tax recovery-$13.7M-$25.5M
Total tax expense$111.4M$51.4M
Net income from continuing operations$288.8M$90.3M
Net income from discontinued operations, net of tax$22.3M$51.6M
Net income$311.1M$141.9M
Fortuna shareholders$269.7M$84.5M
Non-controlling interests$19.1M$5.8M
Fortuna shareholders$287.5M$128.7M
Non-controlling interests$23.6M$13.2M
Basic (in dollars per share)$0.88$0.27
Diluted (in dollars per share)$0.85$0.27
Basic (in dollars per share)$0.94$0.42
Diluted (in dollars per share)$0.90$0.41
Basic (in shares)306.9M shares308.9M shares
Diluted (in shares)334.9M shares310.7M shares

Compare FORTUNA MINING CORP. with another company

Corporate structure

FORTUNA MINING CORP. sits at the top of its group. 3 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of FORTUNA MINING CORP.

  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on FORTUNA MINING CORP., latest Oct 8, 2026 (2 filings since Jan 23, 2025)
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Filed SCHEDULE 13G/A on FORTUNA MINING CORP., latest May 15, 2026 (2 filings since Nov 13, 2025)
  • VAN ECK ASSOCIATES CORP Filed SCHEDULE 13G/A on FORTUNA MINING CORP., latest May 15, 2026 (6 filings since Feb 11, 2022)
  • Global X Management CO LLC Filed SCHEDULE 13G on FORTUNA MINING CORP., latest Feb 17, 2026
  • FORTUNA MINING CORP. Vancouver, British Columbia, Canada
    • MANSFIELD MINERA S A Subsidiary · 100% · Salta, Argentina
    • COMPANIA MINERA CUZCATLAN SA DE CV (COMPAÑIA MINERA CUZCATLAN SA DE CV) Subsidiary · Ciudad de México, Mexico

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FORTUNA MINING CORP. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$75.9M3 Dec 31, 2025$66.3M3 Dec 31, 2024+14.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$554.0M3 Dec 31, 2025$231.3M3 Dec 31, 2024+139.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$122.7M3 Dec 31, 2025$134.5M3 Dec 31, 2024−8.8%

Former names

  • FORTUNA SILVER MINES INCOct 11, 2005 to Jun 21, 20244

Timeline

  1. Sep 4, 1990Founded FORTUNA MINING CORP. is founded2

Filings

229 filings to the SEC since October 2021: 5 annual reports, 11 large holders, 213 other. The latest 20:

  1. Oct 13, 20266-K EDGAR
  2. Oct 8, 2026SCHEDULE 13G/A EDGAR
  3. Oct 7, 20266-K EDGAR
  4. Sep 24, 20266-K EDGAR
  5. Sep 1, 2026SD EDGAR
  6. Aug 11, 20266-K EDGAR
  7. Aug 6, 20266-K EDGAR
  8. Jul 30, 20266-K EDGAR
  9. Jul 23, 20266-K EDGAR
  10. Jul 13, 20266-K EDGAR
  11. Jul 13, 20266-K EDGAR
  12. Jul 9, 20266-K EDGAR
  13. Jun 30, 20266-K EDGAR
  14. Jun 26, 20266-K EDGAR
  15. Jun 15, 20266-K EDGAR
  16. May 28, 20266-K EDGAR
  17. May 20, 20266-K EDGAR
  18. May 15, 2026SCHEDULE 13G/A EDGAR
  19. May 15, 2026SCHEDULE 13G/A EDGAR
  20. May 7, 20266-K EDGAR

The 229 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Van Eck Associates Corp20,986,066$177.4M0.1%+97,584
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.15,035,452$127.1M0.2%−2,297,898
Dimensional Fund Advisors LP10,562,217$89.2M0.0%−71,940
Vanguard Capital Management LLC8,839,150$74.7M0.0%+62,036
American Century Companies Inc8,530,023$72.1M0.0%−233,527
D. E. Shaw & Co., Inc.7,976,417$67.4M0.0%+685,364
Arrowstreet Capital, Limited Partnership6,564,537$55.4M0.0%−8,404,233
Morgan Stanley5,286,739$44.7M0.0%−973,014
Barclays PLC5,274,406$44.6M0.0%+1,465,061
Two Sigma Investments, LP5,241,620$44.3M0.0%−226,751
Norges Bank4,040,366$34.1M0.0%New
Bank Of America Corp /de/3,820,677$32.3M0.0%+964,369
Invesco Ltd.3,566,459$30.1M0.0%−396,734
Millennium Management LLC3,336,789$28.2M0.0%+1,097,168
Point72 Asset Management, L.P.2,980,532$25.2M0.0%+1,306,602
Toronto Dominion Bank2,797,941$23.6M0.0%−72,686
Vanguard Fiduciary Trust Co2,662,575$22.5M0.0%−752
Goldman Sachs Group Inc2,595,169$21.9M0.0%+32,330
Nuveen, LLC2,482,269$21.0M0.0%+57,013
Bank Of Montreal /can/2,170,081$18.3M0.0%−22,396
Causeway Capital Management LLC2,086,645$17.6M0.2%+835,600
Qube Research & Technologies Ltd1,953,393$16.5M0.0%−835,416
TD Asset Management Inc1,722,577$14.6M0.0%−198,269
DAVENPORT & Co LLC1,688,760$14.2M0.1%+1,638,060
Picton Mahoney Asset Management1,643,665$13.9M0.1%+1,482,118

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How FORTUNA MINING CORP. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFORTUNA MINING CORP.1
  • CIK0001341335
  • Employer ID (EIN)00-000000015
  • Incorporated inCanada15
  • Fiscal year endsDecember 311
  • Industry code (SIC)1040 Gold and Silver Ores1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address1111 Melville Street, Suite 820, Vancouver, V6E 3V6, British Columbia, Canada1
  • Phone604-484-40851
  • Shares outstanding305,959,986 shares as of Dec 31, 202515
  • On EDGAR sinceOct 11, 20051
  • Filings611 in all: 6-K (527), SC 13G/A (21), 40-F (15), SC 13G (8), CORRESP (7), SCHEDULE 13G/A (6), F-X (4), F-10 (3)1
    All 18 form types

    REGDEX (3), SCHEDULE 13G (3), SD (3), UPLOAD (3), D (2), F-10/A (2), 40-F/A (1), 40FR12B (1), CERTNYS (1), F-X/A (1)

  • Latest filingsAnnual report (40-F) Mar 26, 2026

Securities registered for trading

ClassSymbolExchange
Common SharesFSMNew York Stock Exchange

From the cover page of the 40-F filed Mar 26, 2026 (Section 12(b) of the Exchange Act).15

Sources

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