Fortuna Mining (TSX:FVI) is drawing attention after its recent name change from Fortuna Silver Mines in June 2024. This shift reflects its broader precious and base metals portfolio across several international operations.
See our latest analysis for Fortuna Mining.
At a share price of CA$13.09, Fortuna’s recent 1 day share price return of a 2.68% decline and 7 day share price return of a 3.75% decline sit against a much stronger 1 year total shareholder return of 107.78%. This suggests that momentum has cooled in the short term, while longer term holders have seen substantial gains.
If Fortuna’s move beyond silver has your attention, it could be a good moment to broaden your watchlist with fast growing stocks with high insider ownership.
With Fortuna Mining trading at CA$13.09, sitting close to its analyst price target and carrying an intrinsic discount flag, you have to ask yourself: is there still value on the table, or is the market already reflecting expectations for future growth?
With Fortuna Mining’s fair value in the narrative set just above the CA$13.09 last close, the story leans toward a modestly supportive valuation.
Expansion projects and exploration in West Africa and Latin America position Fortuna to boost production, access new revenue streams, and support long term growth. Operational efficiencies, rising precious metals prices, and improved ESG performance collectively strengthen profitability, reduce risks, and enhance earnings stability.
Curious what underpins that near match between price and fair value? The narrative leans heavily on rising margins, moderating revenue trends, and a re rated earnings multiple.
Result: Fair Value of CA$13.30 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, the story still hinges on successful delivery at Séguéla and Diamba Sud, while high all in sustaining costs and rising capital spending could pressure margins and cash flow.
Find out about the key risks to this Fortuna Mining narrative.
If you read this and feel the story should look different, or you simply prefer your own process, you can build a full view in minutes with Do it your way.
A great starting point for your Fortuna Mining research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.
If Fortuna does not quite fit your plan, do not stop here. Use the Simply Wall St Screener to uncover fresh ideas that match your style.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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