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Friday 6 November 2026 Export FSM’s income statement to Excel — free account

Fortuna Mining Corp.

FSM Basic Materials Gold

Fortuna Mining Corp.’s revenue for fiscal 2025 (year ended December 2025) was $947.1 million, up 39.8% from fiscal 2024.

Revenue
+38.2%
EPS
+108.3%
Free cash flow
+247.0%
Total debt
+4.85%

Quarter to June 2026, against a year earlier

9.53 0.06 −0.63%
Market cap
$2.8B
P/E
7.7×
Fwd P/E
—
Dividend yield
—
F-score
9/9
Altman Z
4.41
Beneish M
−3.15
Dividend safety
70/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Fortuna Mining Corp. (FSM) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Fortuna Mining Corp. (FSM) trades at a EV/EBITDA of 3.1×. Over the past ten years it has ranged from 2.4× (November 2018) to 55.8× (August 2016); the current reading is higher than 4% of that period. That is below the Gold industry median of 6.7× and below the Basic Materials sector median of 9.2×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 4.5× 13.13%
FY2024 4.0× (28.95%)
FY2023 5.6× (73.82%)
FY2022 21.3× 447.38%
FY2021 3.9× (73.18%)
FY2020 14.5× 57.77%
FY2019 9.2× 98.28%
FY2018 4.6× 5.91%
FY2017 4.4× (52.55%)
FY2016 9.2× (0.98%)

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 2.7× (23.57%)
Mar 2026 3.6× (20.31%)
Dec 2025 4.5× (9.71%)
Sep 2025 5.0× 7.48%
42 more quarters

Against its own ten years

Low 2.4× High 55.8×
Ten-year median 5.7×
Current reading's percentile 4

EV/EBITDA against peers

Company EV/EBITDA
SA Seabridge Gold Inc. compare n/m
HYMC Hycroft Mining Holding Corporation compare n/m
NG Novagold Resources Inc. compare n/m
FSM Fortuna Mining Corp. 3.1×
OGC Oceanagold Corp. compare 3.9×
DRD DRDGOLD Limited compare 4.9×
ARIS Aris Mining Corporation compare 5.2×
SSRM Silver Standard Resources Inc. compare 5.5×
AAUC Allied Gold Corporation compare 6.9×
Gold industry median 6.7×
Basic Materials sector median 9.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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