Fortuna Mining Corp.

Fortuna Mining reported adjusted earnings of $0.25 per share and revenue of $318.4 million for Q2, missing analysts' expectations of $0.39 and $346.16 million. The quarter remained operationally strong, with free cash flow of $85.7 million and a net cash position of about $434.2 million; the company repurchased $82 million of stock. Results were weighed down by lower realized gold prices, higher taxes and one‑time charges, but Fortuna reaffirmed its production target of +60% by mid‑2028, driven by the Séguéla expansion and Diamba Sud. The stock rose only modestly as market participants took the company’s balance‑sheet strength and growth pipeline into account. » Mere på de.investing.com

Fortuna Mining delivered a record free cash flow of USD 174 million in Q1 2026 and an adjusted attributable net profit of USD 111 million, driven by realized gold prices that rose 69% year‑on‑year to USD 4,884/oz. Production was 72,872 gold equivalent ounces (GEO) and the EBITDA margin expanded to 64%; liquidity stood at USD 816 million with a net cash position of USD 493 million. Fortuna confirmed its full‑year guidance and plans to increase gold production by about 60% over the next 24 months as projects such as the Séguéla expansion and Diamba‑Sud progress. Management notes the usual risk disclaimer, in particular commodity price and geopolitical risks as well as cost inflation at certain operations. » Mere på de.investing.com

The board of directors of Fortuna Mining has approved a share buyback program for up to 15,227,869 common shares (5% of outstanding shares), running from May 4, 2026, to May 3, 2027. Purchases will be made on the NYSE in compliance with SEC rules and Rule 10b-18; all repurchased shares will be cancelled. Management cites a strong liquidity position and valuation metrics (current ratio 4.42, price-to-book ratio 0.3) as evidence the stock is undervalued. » Mere på de.investing.com

Fortuna Mining reported a net profit of $68.1 million in the fourth quarter of 2025 and adjusted earnings of $0.22 per share, supported by a realized gold price of $4,166/oz. Free cash flow was $132 million in the quarter ($330 million for the year) and total liquidity rose to $704 million. The company plans to reach annual production of 500,000 ounces within 24 months and intends to invest targetedly in exploration and the expansion of the Séguéla and Diamba Sud projects. Risks remain gold price volatility, operational interruptions and execution risks related to the expansion projects. » Mere på de.investing.com

Fortuna Mining shares reached a new record high of $10.39 after a year-to-date return of 126.08% and a six-month gain of 50.83%. With a market capitalization of $3.17 billion, a P/E ratio of 12.34 and, according to InvestingPro, an "excellent" financial position plus aggressive buybacks, FSM appears undervalued. Analyst reactions are positive: National Bank Financial upgraded the rating to "Outperform" and set a C$15.00 target after visiting the Séguéla mine and improved reserve estimates. A PEA for the Diamba-Sud project was also released, showing an expected annual production of 147,000 ounces and all-in sustaining costs of $904/oz. » Mere på de.investing.com