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

Fortuna Mining Corp.

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

Operating cash flow growth 5 yrs

9.46 0.02 −0.21%

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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

Fortuna Mining Corp. (FSM) P/B ratio

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As of 5 November 2026, Fortuna Mining Corp. (FSM) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 0.4× (September 2022) to 4.6× (August 2016); the current reading is higher than 71% of that period. That is below the Gold industry median of 2.4× and below the Basic Materials sector median of 1.7×.

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<iframe src="https://stockrow.com/embed/FSM/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Fortuna Mining Corp. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/FSM/metrics/pb-ratio">Fortuna Mining Corp. (FSM) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	1.7×	91.91%
FY2024	0.9×	5.79%
FY2023	0.9×	0.00%
FY2022	0.9×	31.59%
FY2021	0.6×	(67.32%)
FY2020	2.0×	93.16%
FY2019	1.0×	6.60%
FY2018	1.0×	(35.44%)
FY2017	1.5×	(24.51%)
FY2016	2.0×	80.19%

Period	P/B ratio	Change
Jun 2026	1.4×	(19.97%)
Mar 2026	1.7×	0.73%
Dec 2025	1.7×	5.41%
Sep 2025	1.6×	26.44%
42 more quarters	Free account

Against its own ten years

Low 0.4× High 4.6×

Ten-year median 1.2×

Current reading's percentile 73

Company	P/B ratio
DRD DRDGOLD Limited compare	1.4×
FSM Fortuna Mining Corp.	1.6×
SSRM Silver Standard Resources Inc. compare	1.7×
ARIS Aris Mining Corporation compare	1.8×
OGC Oceanagold Corp. compare	2.3×
SA Seabridge Gold Inc. compare	3.1×
AAUC Allied Gold Corporation compare	4.4×
HYMC Hycroft Mining Holding Corporation compare	6.7×
NG Novagold Resources Inc. compare	7.0×
Gold industry median	2.4×
Basic Materials sector median	1.7×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Fortuna Mining Corp. (FSM) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on FSM

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on FSM

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