Fortuna files Form 40-F, Annual Report

Rhea-AI Summary

Fortuna (NYSE: FSM) filed its annual report on Form 40-F for the fiscal year ended December 31, 2025 with the SEC on March 26, 2026. The filing includes audited consolidated financial statements, management's discussion and analysis, and the annual information form.

According to the company, the Form 40-F is available on Fortuna's website and the SEC website; printed copies of the audited financial statements are available free to shareholders on written request.

Market Reality Check

Price: $9.15 Vol: Volume 14,397,493 is 2.11...

high vol

$9.15 Last Close

Volume Volume 14,397,493 is 2.11x the 20-day average of 6,817,683 shares ahead of this routine filing. high

Technical Price at $9.15 is trading above the 200-day MA of $8.84 and about 33.94% below the $13.85 52-week high.

Peers on Argus

FSM’s +3.37% move came with elevated volume while key gold peers showed mixed pe...

2 Up

FSM’s +3.37% move came with elevated volume while key gold peers showed mixed performance: NG -1.53%, SAND -5.16%, SSRM -1.77%, BTG +0.25%, EGO -0.26%. Momentum scanner flagged NG and CDE moving up, but this pattern does not align cleanly with FSM, suggesting stock-specific dynamics rather than a broad sector rotation.

Historical Context

5 past events · Latest: Feb 25 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 25	Exploration results	Positive	-2.6%	New Diamba Sud drilling at Southern Arc and Moungoundi with strong grades.
Feb 19	Resource upgrade	Positive	+4.4%	73% increase in Indicated gold ounces to 1.25M at Diamba Sud project.
Feb 18	Earnings results	Positive	+4.4%	Record free cash flow, strong liquidity, and solid 2025 production metrics.
Feb 12	Exploration results	Positive	-8.9%	Sunbird drilling extended high‑grade mineralization ~400m beyond current envelopes.
Feb 11	Earnings timing	Neutral	+2.9%	Announcement of dates for Q4 and full‑year 2025 results and conference call.

Pattern Detected

Recent news has generally been operationally positive, but price reactions have been mixed, with both rallies and selloffs following exploration and resource updates.

Recent Company History

Over the last few months, Fortuna has reported multiple growth-oriented updates, including significant Diamba Sud resource expansion on Feb 19, 2026, strong Q4 and FY2025 results with record free cash flow on Feb 18, 2026, and high‑grade drilling at Sunbird and Diamba Sud. Price reactions ranged from +4.41% on earnings and resource upgrades to -8.94% after positive Sunbird drill results, indicating that strong operational news has not always translated into consistent upside.

Market Pulse Summary

This announcement confirms the filing of Fortuna’s Form 40‑F for the year ended December 31, 2025, m...

Analysis

This announcement confirms the filing of Fortuna’s Form 40‑F for the year ended December 31, 2025, making audited financial statements, MD&A, and the annual information form available through regulators and the company’s website. This follows earlier disclosures of strong 2025 results and resource growth. Investors evaluating the update may focus on details within the full annual report, including reserves, liquidity, and any changes in operational or project assumptions.

Key Terms

form 40-f, u.s. securities and exchange commission, management’s discussion and analysis, annual information form

4 terms

form 40-f regulatory

"announces that it has filed its annual report on Form 40-F for the fiscal year"

A Form 40-F is a standardized annual filing used by certain Canadian companies that trade in U.S. markets to give U.S. regulators and investors the same core financial statements and key disclosures they file in Canada. Think of it as a translated, formally packaged annual report that lets investors in a different marketplace compare a company’s results, governance and risks more easily, which reduces uncertainty and helps investment decisions.

u.s. securities and exchange commission regulatory

"with the U.S. Securities and Exchange Commission (“SEC”). The Form 40-F, which"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

management’s discussion and analysis financial

"includes the Company’s audited consolidated financial statements ... management’s discussion and analysis, and annual information"

Management’s discussion and analysis (MD&A) is a narrative section of a company’s financial filing where executives explain the recent financial results, underlying causes of those results, trends they see, and material risks and uncertainties in everyday language. Investors rely on it like a company’s report card with the manager’s comments—helping interpret raw numbers, judge future prospects and cash needs, and spot warnings or opportunities that the financial statements alone may not reveal.

annual information form regulatory

"management’s discussion and analysis, and annual information form, is available on the Company’s"

A company's annual information form is a comprehensive regulatory filing that lays out its business description, key assets, risks, legal matters and other background details shareholders need to understand the company’s operations. Think of it as a detailed owner’s manual or dossier that supplements financial statements, helping investors do deeper homework on how the business works and what could affect its future performance.

AI-generated analysis. Not financial advice.

VANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that it has filed its annual report on Form 40-F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (“SEC”).

The Form 40-F, which includes the Company’s audited consolidated financial statements for the year ended December 31, 2025, management’s discussion and analysis, and annual information form, is available on the Company’s website and on the SEC’s website.

Printed copies of the audited consolidated financial statements are available free of charge to Fortuna shareholders upon written request.

About Fortuna Mining Corp.

Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and a portfolio of exploration projects in Argentina, Côte d’Ivoire, Mexico, and Peru, as well as the Diamba Sud Gold Project in Senegal. Sustainability is at the core of our operations and stakeholder relationships. We produce gold and silver while creating long-term shared value through efficient production, environmental stewardship, and social responsibility. For more information, please visit our website at www.fortunamining.com

ON BEHALF OF THE BOARD

Jorge A. Ganoza
President, CEO, and Director
Fortuna Mining Corp.

Investor Relations:

Carlos Baca | info@fmcmail.com | fortunamining.com | X | LinkedIn | YouTube | Instagram | TikTok

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/f27eca21-8290-4e31-9566-5040eab2ef06

FAQ

What did Fortuna (FSM) file with the SEC on March 26, 2026?

Fortuna filed its annual report on Form 40-F for the fiscal year ended December 31, 2025. According to the company, the filing contains audited consolidated financial statements, MD&A, and the annual information form available on its website and the SEC site.

Where can investors access Fortuna's (FSM) 2025 audited consolidated financial statements?

The audited consolidated financial statements are available on Fortuna's website and the SEC website. According to the company, printed copies of the audited statements are also available free of charge to shareholders upon written request.

What documents are included in Fortuna's (FSM) Form 40-F for fiscal 2025?

Fortuna's Form 40-F includes audited consolidated financial statements, management's discussion and analysis, and an annual information form. According to the company, these materials cover the fiscal year ended December 31, 2025 and are posted online for investors.

How can Fortuna (FSM) shareholders request printed copies of the 2025 audited statements?

Shareholders can obtain printed copies free of charge by submitting a written request to Fortuna. According to the company, printed audited consolidated financial statements for the year ended December 31, 2025 will be provided at no cost to shareholders upon written request.

Does Fortuna (FSM) filing of Form 40-F affect where investors find company disclosures?

The Form 40-F consolidates key annual disclosures in one SEC filing for investor review. According to the company, investors can find the audited statements, MD&A, and annual information form on both Fortuna's website and the SEC website.