Fortuna Mining Corp.
FSM · NYSE · producer · market cap $3.6B as of 24 Aug 2026
What Fortuna Mining Corp.'s own filings say about its costs, margins and results, every figure cited.
Fortuna Mining Corp. share price
- Latest AISC$2,157/ozRank 25 of 35release
- Margin at today's spot
- Gold produced, attributable72,217source
- Next report5 Novprior report
Today's spot price minus the latest reported mining cost. Reporting periods vary. This is an illustrative spread, not reported profit. Methodology
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
About Fortuna Mining Corp.
Fortuna Mining Corp. (FSM) derives its revenue from the sale of gold, silver, lead and zinc, with operating mines and exploration activities in Argentina, Côte d'Ivoire, Mexico and Peru at the filing date, as well as the preliminary economic assessment stage Diamba Sud gold project in Senegal. Its mines include the Lindero Mine in Argentina and the Séguéla Mine in Côte d'Ivoire. The majority of the company's production and revenue to December 31, 2025 came from its operations in Argentina, Côte d'Ivoire and Peru. In Argentina, the company is required to convert the equivalent value of foreign currency proceeds from the export of all gold doré from the Lindero Mine into Argentine Pesos, and to obtain the prior consent of the Argentine Central Bank for the payment of cash dividends and distributions of profits out of Argentina. On January 10, 2025, the Government of Côte d'Ivoire revised a portion of its Mining Code and increased the royalty on gold sales by 2%, from 6% to 8%, where the selling price per ounce is greater than $2,000. The Diamba Sud research permit was granted in 2015. The company applied for an exploitation permit for the project on February 1, 2026.
Costs and margins
- Price, quarter average
- $4,512/toz
- AISC
- $2,157/oz
- Margin
- $2,355/oz
- Margin, % of price
- 52.2%
Latest AISC $2,157 per troy ounce. Gold miners: median AISC $1,926 per troy ounce, Q2 2026, 35 reporters. 25 lowest of 35 gold miners reporting Q2 2026.
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2025 | $3,459 | $1,987 |
| Q4 2025 | $4,152 | $2,054 |
| Q1 2026 | $4,876 | $2,107 |
| Q2 2026 | $4,512 | $2,157 |
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q2 2025 | $3,293 | $1,932 |
| Q3 2025 | $3,459 | $1,987 |
| Q4 2025 | $4,152 | $2,054 |
| Q1 2026 | $4,876 | $2,107 |
| Q2 2026 | $4,512 | $2,157 |
All-in sustaining cost (AISC) and the average gold price by quarter, newest first, US$ per ounce; every row cites the company's own release.
Its panel on the Miner Margins page carries the cohort it sits in and the basis notes.
Production and guidance
Q2 2026, as reported
- Gold produced, attributable
- 72,217 gold equivalent ounces
- Prior-quarter gold production
- 72,872 gold equivalent ounces
More ways to compare Fortuna Mining Corp.
- Reported AISC
- Rank 25 of 35View comparable rankings
Fortuna Mining's mines and operations
Mine-by-mine operating data will be added as company filings are reviewed.
Financials, as filed
Key financials
- Revenue
- $947.1M
- Net income
- $287.5M
- Cash and equivalents
- $554.0M
- EPS (diluted)
- $0.90
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue ifrs-full:Revenue | FY 2025 | $947,059,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Net income ifrs-full:ProfitLossAttributableToOwnersOfParent | FY 2025 | $287,469,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| EPS (basic) ifrs-full:BasicEarningsLossPerShare | FY 2025 | $0.94 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| EPS (diluted) ifrs-full:DilutedEarningsLossPerShare | FY 2025 | $0.90 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Cash and equivalents ifrs-full:CashAndCashEquivalents | FY 2025 | $553,985,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | FY 2025 | 305,959,986 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
Annual figures only: this company files no quarterly XBRL with the SEC.
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
| Statement line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | not available | $1,062,037,000, restated in a later filing | $842,428,000 | $681,491,000 | $599,853,000 | $278,966,000 | $257,187,000 |
| Operating income | not available | not available | not available | not available | not available | not available | not available |
| Net income | not available | $128,735,000 | -$50,836,000 | -$128,132,000 | $57,877,000 | $21,553,000 | not available |
| Operating cash flow | not available | $365,677,000 | $296,909,000 | $194,249,000 | $147,138,000 | $93,385,000 | $63,005,000, restated in a later filing |
| Capital expenditure | not available | not available | not available | not available | not available | not available | not available |
| Cash and equivalents | not available | $231,328,000 | $128,148,000 | $80,493,000 | $107,097,000 | $131,898,000 | $83,404,000 |
| Debt | not available | not available | not available | not available | not available | not available | not available |
| Dividend per share | not available | not available | not available | not available | not available | not available | not available |
| Source | not available | 40-F · 27 Mar 2025 | 40-F · 28 Mar 2024 | 40-F · 30 Mar 2023 | 40-F · 31 Mar 2022 | 40-F · 30 Mar 202140-F · 31 Mar 2022 | 40-F · 30 Mar 2020 |
- A dash means the SEC filings carry no figure for that year. It is never zero.
- * The figure as first filed; restated in a later filing.
Filings
| Date | Source |
|---|---|
| 11 Aug 2026 | 6-K(11 Aug 2026) |
| 6 Aug 2026 | 6-K(6 Aug 2026) |
| 30 Jul 2026 | 6-K(30 Jul 2026) |
| 23 Jul 2026 | 6-K(23 Jul 2026) |
| 13 Jul 2026 | 6-K(13 Jul 2026) |
| 13 Jul 2026 | 6-K(13 Jul 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.