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FSM Stock Forecast 2026-2027
$10.86
Current Price
$3.34B
Market Cap
Buy 3
Hold 1
Sell 0
Wall St Analyst Ratings
Distance to FSM Price Targets
+28.9%
To High Target of $14.00
+28.9%
To Median Target of $14.00
+28.9%
To Low Target of $14.00
FSM Price Momentum
+4.0%
1 Week Change
+26.7%
1 Month Change
+70.5%
1 Year Change
+10.7%
Year-to-Date Change
-21.6%
From 52W High of $13.85
+107.6%
From 52W Low of $5.23
📊 TOP ANALYST CALLS
Did FSM Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Fortuna Silver is one of their latest high-conviction picks.
Latest FSM Stock Price Targets & Analyst Predictions
Based on our analysis of 4 Wall Street analysts, FSM has a bullish consensus with a median price target of $14.00 (ranging from $14.00 to $14.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $10.86, the median forecast implies a 28.9% upside. This outlook is supported by 3 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Eric Winmill at Scotiabank, projecting a 28.9% upside. Conversely, the most conservative target is provided by Eric Winmill at Scotiabank, suggesting a 28.9% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
FSM Analyst Ratings
3
Buy
1
Hold
0
Sell
FSM Price Target Range
Low
$14.00
Average
$14.00
High
$14.00
Current: $10.86
Latest FSM Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for FSM.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 26, 2026 | Scotiabank | Eric Winmill | Sector Outperform | Maintains | $14.00 |
| Nov 24, 2025 | Scotiabank | Eric Winmill | Sector Outperform | Upgrade | $11.00 |
| Oct 23, 2025 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $10.50 |
| Oct 16, 2025 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $8.50 |
| Aug 6, 2025 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $8.00 |
| Jul 15, 2025 | CIBC | Underperformer | Maintains | $8.00 | |
| Apr 14, 2025 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $7.00 |
| Jan 15, 2025 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $6.00 |
| Aug 19, 2024 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $6.50 |
| May 23, 2024 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $6.00 |
| Apr 8, 2024 | Scotiabank | Eric Winmill | Sector Perform | Maintains | $4.75 |
| Mar 12, 2024 | National Bank Financial Inc | Don DeMarco | Sector Perform | Maintains | $5.00 |
| May 30, 2023 | Scotiabank | Eric Winmill | Sector Perform | Reinstates | $4.25 |
| Jan 18, 2022 | Canaccord Genuity | Dalton Baretto | Buy | Upgrade | $N/A |
| Sep 10, 2019 | Scotiabank | Sector Outperform | Upgrade | $N/A | |
| Nov 22, 2017 | Raymond James | Outperform | Downgrade | $N/A | |
| Nov 21, 2017 | Raymond James | Outperform | Downgrade | $N/A | |
| Apr 5, 2017 | Raymond James | Strong Buy | Upgrade | $N/A | |
| Mar 31, 2017 | BMO Capital | Outperform | Upgrade | $N/A | |
| May 12, 2016 | BMO Capital | Market Perform | Downgrade | $N/A |
Fortuna Mining Corp (FSM) Competitors
The following stocks are similar to Fortuna Silver based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Fortuna Mining Corp (FSM) Financial Data
Fortuna Mining Corp has a market capitalization of $3.34B with a P/E ratio of 12.8x. The company generates $947.06M in trailing twelve-month revenue with a 30.4% profit margin.
Revenue growth is +38.4% quarter-over-quarter, while maintaining an operating margin of +43.4% and return on equity of +18.0%.
Valuation Metrics
Market Cap
$3.34B
Enterprise Value
$3.02B
P/E Ratio
12.8x
PEG Ratio
6.2x
Price/Sales
3.5x
Growth & Margins
Revenue Growth (YoY)
+38.4%
Gross Margin
+54.9%
Operating Margin
+43.4%
Net Margin
+30.4%
EPS Growth
+500.0%
Financial Health
Cash/Price Ratio
+16.9%
Current Ratio
3.0x
Debt/Equity
12.2x
ROE
+18.0%
ROA
+11.6%
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Fortuna Mining Corp (FSM) Business Model
About Fortuna Mining Corp
What They Do
Operates precious metals mines in Latin America and Africa.
Business Model
The company generates revenue primarily through the production and sale of precious metals, focusing on gold, silver, lead, and zinc from its three operating mines. It reports consolidated production in gold equivalent ounces and maintains an exploration portfolio that could lead to further profitability.
Additional Information
Fortuna Mining Corp. emphasizes sustainability in its operations, implementing renewable energy initiatives and responsible mining practices. It has a strong presence in multiple countries, enhancing its market position and stakeholder relationships.
Company Information
Sector
Basic Materials
Industry
Gold
Employees
0
CEO
Mr. Jorge A. Ganoza Durant B.Sc., Eng
Country
Canada
IPO Year
2007
Website
www.fortunamining.comFortuna Mining Corp (FSM) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Buenaventura Releases Q1 Production Results & Volume Sold
BVN reports Q1 output, with multiple mines beating its guidance, led by strong silver and gold production across key operations.
Apr 17, 2026
By Zacks Equity Research
Analyst Blog
Fortuna Mining's Q1 Gold-Equivalent Production Increases Sequentially
FSM's Q1 GEO output rises 11.9% sequentially, driven by stronger Seguela and Lindero performance as expansion studies and project development progress.
Apr 10, 2026
By Zacks Equity Research
Analyst Blog
Latest News
Fortuna Renews Share Buyback Program
3 days ago
Quick Summary
Fortuna Mining Corp. has approved a normal course issuer bid to repurchase up to 15.2 million shares, or 5% of its outstanding shares, starting May 4, 2026.
Why It Matters
Fortuna Mining's share buyback signals confidence in its financial health, potentially boosting share value and providing a return of capital to shareholders.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announced its Q1 2026 production results from its mines in West Africa and Latin America, with figures reported in U.S. dollars.
Why It Matters
Production results impact Fortuna Mining's revenue and profitability, influencing stock performance and investor sentiment in the mining sector.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
FSM reports a 11.9% sequential increase in Q1 GEO output, attributed to improved performance at Seguela and Lindero as expansion studies and project development advance.
Why It Matters
FSM's Q1 GEO output increase indicates operational growth and project success, potentially boosting revenue and investor confidence, signaling a positive outlook for future earnings.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
VIST, AGRO, FSM, DAN, and CPRI are identified as high-earnings-yield value stocks to consider amid ongoing Middle East tensions and Federal Reserve uncertainty.
Why It Matters
High-earnings-yield value stocks like VIST, AGRO, FSM, DAN, and CPRI may offer stability and potential returns amid market volatility from geopolitical tensions and Fed uncertainty.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
Gold mining stocks surged in Q1 2026 but faced challenges due to Middle East conflicts. Short-term oil crises may hinder growth, though long-term effects could be beneficial for the sector.
Why It Matters
Rising uncertainty from geopolitical tensions affects gold mining stocks, creating volatility. Short-term challenges may shift to long-term gains as safe-haven demand for gold increases.
Source: Seeking Alpha
Market Sentiment:
Negative
Quick Summary
Fortuna (FSM) is expected to deliver strong returns due to its robust growth potential.
Why It Matters
Fortuna's solid growth attributes suggest potential for high returns, indicating strong performance prospects that could attract investor interest and drive stock prices higher.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About FSM Stock
What is Fortuna Mining Corp's (FSM) stock forecast for 2026?
Based on our analysis of 4 Wall Street analysts, Fortuna Mining Corp (FSM) has a median price target of $14.00. The highest price target is $14.00 and the lowest is $14.00.
Is FSM stock a good investment in 2026?
According to current analyst ratings, FSM has 3 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $10.86. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for FSM stock?
Wall Street analysts predict FSM stock could reach $14.00 in the next 12 months. This represents a 28.9% increase from the current price of $10.86. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Fortuna Mining Corp's business model?
The company generates revenue primarily through the production and sale of precious metals, focusing on gold, silver, lead, and zinc from its three operating mines. It reports consolidated production in gold equivalent ounces and maintains an exploration portfolio that could lead to further profitability.
What is the highest forecasted price for FSM Fortuna Mining Corp?
The highest price target for FSM is $14.00 from Eric Winmill at Scotiabank, which represents a 28.9% increase from the current price of $10.86.
What is the lowest forecasted price for FSM Fortuna Mining Corp?
The lowest price target for FSM is $14.00 from Eric Winmill at Scotiabank, which represents a 28.9% increase from the current price of $10.86.
What is the overall FSM consensus from analysts for Fortuna Mining Corp?
The overall analyst consensus for FSM is bullish. Out of 4 Wall Street analysts, 3 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $14.00.
How accurate are FSM stock price projections?
Stock price projections, including those for Fortuna Mining Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 20, 2026 2:56 AM UTC