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Fortuna Mining Stock Price, News & Analysis

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Welcome to our dedicated page for Fortuna Mining news (Ticker: FSM), a resource for investors and traders seeking the latest updates and insights on Fortuna Mining stock.

Fortuna Mining Corp. (NYSE: FSM, TSX: FVI) generates a steady flow of news related to its precious metals mining operations in Latin America and West Africa. As a Canadian company with three operating mines and a portfolio of exploration projects in Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal, its disclosures cover production performance, project development, exploration results, and corporate actions.

News updates frequently focus on quarterly and annual production, expressed in gold equivalent ounces (GEO) that combine gold, silver, lead, and zinc. Recent releases detail record gold production at the Séguéla Mine in Côte d’Ivoire, consolidated GEO output from ongoing operations, and guidance ranges for future GEO production, cash costs, and all-in sustaining costs. Operational updates also describe mine-specific events, such as mechanical downtime and subsequent remediation at the Lindero Mine in Argentina, and strong base metal production at the Caylloma Mine in Peru.

Investors following FSM news will also see extensive coverage of growth projects and exploration. Fortuna reports on Mineral Reserve and Mineral Resource updates at Séguéla, underground studies at the Sunbird deposit, and drilling results that expand mineralization at both Séguéla and the Diamba Sud Gold Project in Senegal. Technical milestones, including the filing of NI 43-101 reports and the award of feasibility and plant expansion studies, are regular topics.

Corporate and financial news items include quarterly financial results, liquidity and net cash positions, and share repurchases under the company’s normal course issuer bid. Together, these updates provide context on Fortuna’s operating performance, project pipeline, and capital allocation. Bookmark this page to review the latest FSM production reports, exploration results, technical studies, and regulatory announcements as they are released.

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Fortuna Mining (NYSE: FSM) reported new Diamba Sud exploration results on Feb 25, 2026, adding 44 holes (7,518 m) at Southern Arc and 46 holes (4,471 m) at Moungoundi.

Highlights include DSDD608: 6.0 g/t Au over 24.1 m and Southern Arc defined as 6.0 Mt at 1.9 g/t Au (367,000 oz); drilling remains ongoing and the deposit is open along strike and at depth.

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Fortuna (NYSE: FSM) reported an updated Diamba Sud Mineral Resource estimate effective Jan 16, 2026, with Indicated Resources of 26.0 Mt at 1.50 g/t Au containing 1.25 million ounces of gold — a 73% increase in indicated gold ounces versus the prior estimate.

The update includes the first-time Indicated estimate for Southern Arc (367 koz), ongoing expansion drilling, and a feasibility study targeted for completion by end of Q2 2026.

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Fortuna (NYSE: FSM) reported Q4 and full-year 2025 results showing record free cash flow, strong liquidity and portfolio realignment. Q4 free cash flow was $132.3M and FY2025 free cash flow was $330.0M. Liquidity rose to $704.0M with net cash of $381.5M.

Production met full-year guidance at 317,001 GEOs, adjusted attributable net income was $203.1M, and AISC was $1,870/GEO for 2025. Séguéla reserves increased 31% and Diamba Sud early works received ~$67M in funding.

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Fortuna Mining (NYSE: FSM) reported results from 22 drill holes (9,816 meters) at the Sunbird deposit, Séguéla mine, Côte d’Ivoire, dated Feb 12, 2026. Drilling extended high‑grade mineralization ~400 meters beyond existing Mineral Resource and Mineral Reserves envelopes, with notable intercepts such as 6.1 g/t Au over an estimated true width of 18.9 meters and 73.5 g/t Au over 0.7 meters. Five rigs are active and drilling is expected to continue through 2026. All holes were completed after the June 30, 2025 data cut‑off and are not included in the current resource statement.

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Fortuna (NYSE: FSM) will release fourth-quarter and full-year 2025 financial results on February 18, 2026 after market close.

A conference call to discuss results will be held on February 19, 2026 at 9:00 a.m. PT / 12:00 p.m. ET with senior management, a webcast, dial-in numbers, replay details and archived transcript.

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Fortuna Mining (NYSE: FSM) submitted an exploitation permit application for the Diamba Sud gold project to Senegal's Ministry of Energy, Petroleum, and Mines on February 4, 2026. The company is advancing early works, site preparation and detailed engineering to de-risk critical path activities.

An updated Mineral Resource estimate is planned by the end of February 2026 to underpin Mineral Reserves and a feasibility study that will inform a potential construction decision targeted for mid-2026. The project previously demonstrated robust economics in a October 2025 PEA.

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Fortuna (NYSE: FSM) updated Séguéla Mine Mineral Reserves and Resources as of Dec 31, 2025. Proven and Probable Mineral Reserves total 16.0 million tonnes at 3.01 g/t Au, containing 1.54 million ounces of gold, a 31% increase in contained ounces since Oct 31, 2025, driven by the first-time underground reserve at Sunbird (3.47 Mt at 3.60 g/t; 401 koz). Mine life now exceeds 9 years at the current 1.75 Mtpa rate. A processing plant expansion study targets 2.0–2.5 Mtpa and >200,000 oz annual production, with study completion targeted in Q2 2026.

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Fortuna Mining (NYSE: FSM) reported full-year 2025 GEO production of 317,001 ounces, meeting its 2025 guidance range of 309,000–339,000 GEO. Production from ongoing operations was 279,207 GEO. Séguéla delivered record gold of 152,426 oz, about 4% above the upper guidance. Lindero produced 87,489 oz, missing guidance after Q4 crusher and HPGR downtime; repairs and a planned 30-day foundation replacement (est. $2.2M) are scheduled in 2026. Fortuna ended 2025 with estimated liquidity of $704M and net cash of $382M, and is budgeting ~$100M for Diamba Sud as it targets a mid‑2026 construction decision. 2026 consolidated GEO guidance: 281,000–305,000 with AISC $1,830–1,975/oz.

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Fortuna (NYSE: FSM) repurchased 1,700,000 common shares on the NYSE between Dec 23, 2025 and Jan 7, 2026 at a weighted-average price of $10.01, for total gross consideration of $17,019,894 (excluding brokerage). All repurchased shares will be cancelled.

The repurchased shares represent approximately 11% of the 15,347,999 shares authorized under the NCIB. Fortuna reports ongoing project progress in West Africa: early works and camp construction at Diamba Sud, a feasibility study targeted for Q2 2026, planned ESIA approval in Q1 2026, and an exploitation permit application before the exploration permit expires in June 2026. At Séguéla, a processing plant expansion feasibility study is underway to evaluate long-term growth and potential underground incorporation at the Sunbird deposit.

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Fortuna Mining (NYSE: FSM) reported additional drill results from the Southern Arc deposit at the Diamba Sud gold project in Senegal, and confirmed project economics from a PEA with an after-tax NPV5% of US$563 million and an IRR of 72% at US$2,750/oz gold.

New drilling (63 holes, 9,619m) included DSDD574 with 1.7 g/t Au over 29.6m and 2.0 g/t Au over 20.0m. The program advances infill and step-out targets; an updated resource is expected in Q1 2026 and a construction decision is targeted for Q2 2026. The PEA is preliminary and includes inferred resources.

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FAQ

What is the current stock price of Fortuna Mining (FSM)?

The current stock price of Fortuna Mining (FSM) is $10.29 as of March 13, 2026.

What is the market cap of Fortuna Mining (FSM)?

The market cap of Fortuna Mining (FSM) is approximately 3.4B.

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3.37B
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