$FSM

FORTUNA MINING CORP.

Fortuna Mining is a precious and base metals mining company engaged in exploration, extraction and processing in Latin America and West Africa. Its principal products are gold and silver, and it also produces and sells lead and zinc. Fortuna operates the Lindero open pit gold mine in Argentina, the underground Caylloma silver, lead and zinc mine in Peru, and the Séguéla open pit gold mine in Côte d’Ivoire. It is developing the Diamba Sud gold project in Senegal and conducts exploration at its operating mines and other properties in Argentina, Côte d’Ivoire, Mexico and Senegal. Fortuna makes money by producing and selling metals from its mines. The company is headquartered in Vancouver.

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Fortuna Mining (FSM) Q3 2026 Earnings Call Transcript

Fortuna Mining (FSM) reported Q3 2026 earnings with 69.6K gold equivalent ounces produced, meeting annual guidance. Adjusted EBITDA was $165M, net income $51M ($0.17/share), down from Q2 due to lower sales and volumes. Free cash flow was $90.8M. Growth projects include Seguela expansion and Diamba Sud construction, with $750M investment planned. Cash position is $443M, net cash $260M. Share buybacks paused to prioritize growth.

Before Senegal grants a permit, Fortuna's board authorized management to sign $250 million in project contracts.

Fortuna Mining Corp. (FSM, FVI) reported Q3 2026 results: $90.8M free cash flow, $51.2M net income, 69,665 gold equivalent ounces produced. CEO Ganoza noted operational issues and lower metal prices but remains on track for annual guidance. The company acquired the Bambadji project in Senegal and expects an exploitation permit for Diamba Sud by Q4 2026. The board authorized $250M in project contracts.

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Over the past 7 days, AlphAI's AI scored 2 news stories mentioning FSM (FORTUNA MINING CORP.). Coverage has skewed bearish: 0 bullish, 1 neutral, and 1 bearish.

Recent FSM coverage spans financial news, earnings and market movers.

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Fortuna Mining (FSM) Q3 2026 Earnings Call Transcript

Fortuna Mining (FSM) reported Q3 2026 earnings with 69.6K gold equivalent ounces produced, meeting annual guidance. Adjusted EBITDA was $165M, net income $51M ($0.17/share), down from Q2 due to lower sales and volumes. Free cash flow was $90.8M. Growth projects include Seguela expansion and Diamba Sud construction, with $750M investment planned. Cash position is $443M, net cash $260M. Share buybacks paused to prioritize growth.

$FSMHighAI 8/10

Before Senegal grants a permit, Fortuna's board authorized management to sign $250 million in project contracts.

Fortuna Mining Corp. (FSM, FVI) reported Q3 2026 results: $90.8M free cash flow, $51.2M net income, 69,665 gold equivalent ounces produced. CEO Ganoza noted operational issues and lower metal prices but remains on track for annual guidance. The company acquired the Bambadji project in Senegal and expects an exploitation permit for Diamba Sud by Q4 2026. The board authorized $250M in project contracts.

Fortuna Advances Diamba Sud Gold Project Permitting in Senegal

Fortuna Mining Corp. (FSM, FVI) announced progress on its Diamba Sud gold project in Senegal, receiving a Notice of Admissibility for its Exploitation Permit. The company expects final approval by Q4 2026 and aims for first gold in mid-2028. Fortuna targets 60% growth in annual gold production to 500,000 ounces by mid-2028, supported by the Diamba Sud project and a 30% plant expansion at its Séguéla mine.

Gold extends below the planned pit at Fortuna's Lindero mine.

Fortuna Mining Corp. (FSM, FVI) reported that infill drilling at its Lindero Mine in Argentina confirmed gold mineralization extends significantly below the current reserve pit design. The company plans to update its block model and pit design by year-end, supporting a revised life-of-mine plan and updated mineral reserve estimate. Key drill results include intersections with gold grades consistent with or higher than estimated grades.

Fortuna intersects 7.8 g/t gold over 12.8 meters at Southern Arc, Diamba Sud, and advances exploration at Bambadji, Senegal

Fortuna Mining Corp. reported positive exploration results from its Diamba Sud Gold Project in Senegal, including a 7.8 g/t gold intersection over 12.8 meters. The company also began drilling at the newly acquired Bambadji properties, with an $8 million campaign planned for 2026. Fortuna aims to update its mineral resource and reserve estimates by year-end.

Fortuna Mining Corp.: Fortuna reports third quarter 2026 production of 69,665 gold equivalent ounces and advances key growth initiatives

Fortuna Mining Corp. (FSM, FVI) reported Q3 2026 production of 69,665 gold equivalent ounces, down from Q2 2026 and Q3 2025. The company is on track to meet its annual guidance of 281,000-305,000 ounces. Fortuna approved a 30% expansion of its Séguéla processing plant and acquired the Bambadji project, expanding its Diamba Sud concession. Safety performance remained stable with a TRIFR of 1.20 per million hours worked.

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