- Understand $fsm stock

$FSM Market Cap: $1.77 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$993.3M

TTM

Gross Margin

28.64%

TTM

Net Earnings

$2.029M

TTM

Current Assets

$384.1M

Q2 2024

Current Liabilities

$253.8M

Q2 2024

Current Ratio

151.35%

Q2 2024

Total Assets

$2.025B

Q2 2024

Total Liabilities

$689.9M

Q2 2024

Book Value

$1.335B

Q2 2024

Cash

$32.10M

Q2 2024

P/E

872.5

Sep 13, 2024 EST

Free Cash Flow

$153.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$842.4M	$681.5M	$599.9M	$279.0M	$257.2M	$263.3M	$268.1M	$210.3M	$154.7M	$174.0M	$137.4M	$161.0M	$110.0M	$74.10M	$51.40M	$24.70M	$29.50M
YoY Change	23.62%	13.61%	115.0%	8.48%	-2.32%	-1.79%	27.48%	35.94%	-11.09%	26.64%	-14.66%	46.36%	48.45%	44.16%	108.1%	-16.27%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$842.4M	$681.5M	$599.9M	$279.0M	$257.2M	$263.3M	$268.1M	$210.3M	$154.7M	$174.0M	$137.4M	$161.0M	$110.0M	$74.10M	$51.40M	$24.70M	$29.50M
Cost Of Revenue	$636.1M	$525.8M	$387.3M	$168.8M	$171.3M	$166.7M	$158.6M	$129.6M	$111.1M	$113.8M	$95.60M	$90.40M	$49.00M	$34.80M	$17.80M	$15.50M	$11.80M
Gross Profit	$206.3M	$155.7M	$212.5M	$110.2M	$85.90M	$96.60M	$109.6M	$80.60M	$43.60M	$60.30M	$41.80M	$70.70M	$61.00M	$39.20M	$33.70M	$9.200M	$17.70M
Gross Profit Margin	24.49%	22.85%	35.43%	39.5%	33.4%	36.69%	40.88%	38.33%	28.18%	34.66%	30.42%	43.91%	55.45%	52.9%	65.56%	37.25%	60.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$64.07M	$61.46M	$54.96M	$35.50M	$29.80M	$26.60M	$25.90M	$31.40M	$18.00M	$24.50M	$18.90M	$19.60M	$19.50M	$10.80M	$12.20M	$9.000M	$12.20M
YoY Change	4.26%	11.82%	54.82%	19.13%	12.03%	2.7%	-17.52%	74.44%	-26.53%	29.63%	-3.57%	0.51%	80.56%	-11.48%	35.56%	-26.23%
% of Gross Profit	31.06%	39.47%	25.86%	32.21%	34.69%	27.54%	23.63%	38.96%	41.28%	40.63%	45.22%	27.72%	31.97%	27.55%	36.2%	97.83%	68.93%
Research & Development		$1.225M	$1.012M	$1.200M	$2.400M	$700.0K	$1.500M	$200.0K	$300.0K	$0.00	$400.0K	$800.0K	$1.700M	$500.0K
YoY Change		21.05%	-15.67%	-50.0%	242.86%	-53.33%	650.0%	-33.33%		-100.0%	-50.0%	-52.94%	240.0%
% of Gross Profit		0.79%	0.48%	1.09%	2.79%	0.72%	1.37%	0.25%	0.69%	0.0%	0.96%	1.13%	2.79%	1.28%
Depreciation & Amortization	$219.7M	$172.8M	$122.3M	$45.41M	$46.00M	$44.77M	$42.52M	$33.02M	$25.74M	$23.52M	$20.30M	$21.37M	$9.420M	$6.460M	$5.860M	$5.310M	$5.260M
YoY Change	27.13%	41.33%	169.26%	-1.28%	2.75%	5.29%	28.77%	28.28%	9.44%	15.86%	-5.01%	126.86%	45.82%	10.24%	10.36%	0.95%
% of Gross Profit	106.48%	110.99%	57.54%	41.21%	53.55%	46.35%	38.8%	40.97%	59.04%	39.0%	48.56%	30.23%	15.44%	16.48%	17.39%	57.72%	29.72%
Operating Expenses	$82.74M	$62.77M	$60.70M	$36.30M	$32.40M	$28.10M	$26.50M	$31.60M	$18.70M	$25.30M	$20.30M	$21.40M	$21.60M	$11.50M	$18.10M	$14.40M	$17.60M
YoY Change	31.82%	3.4%	67.22%	12.04%	15.3%	6.04%	-16.14%	68.98%	-26.09%	24.63%	-5.14%	-0.93%	87.83%	-36.46%	25.69%	-18.18%
Operating Profit	$123.6M	$92.93M	$151.8M	$73.90M	$53.50M	$68.50M	$83.10M	$49.00M	$24.90M	$35.00M	$21.50M	$49.30M	$39.40M	$27.70M	$15.60M	-$5.200M	$100.0K
YoY Change	32.98%	-38.79%	105.43%	38.13%	-21.9%	-17.57%	69.59%	96.79%	-28.86%	62.79%	-56.39%	25.13%	42.24%	77.56%	-400.0%	-5300.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	-$18.24M	-$17.87M	-$17.24M	-$9.500M	-$2.800M	$1.600M	-$6.900M	-$200.0K	-$2.500M	$300.0K	$600.0K	$300.0K	$1.200M	$1.000M	-$8.000M	$6.300M	$1.200M
YoY Change	2.08%	3.61%	81.51%	239.29%	-275.0%	-123.19%	3350.0%	-92.0%	-933.33%	-50.0%	100.0%	-75.0%	20.0%	-112.5%	-226.98%	425.0%
% of Operating Profit	-14.76%	-19.23%	-11.36%	-12.86%	-5.23%	2.34%	-8.3%	-0.41%	-10.04%	0.86%	2.79%	0.61%	3.05%	3.61%	-51.28%		1200.0%
Other Income/Expense, Net	-$3.292M	-$2.557M	-$3.868M	-$1.100M	-$1.000M	-$1.300M	-$700.0K	-$700.0K	-$500.0K	-$1.100M	-$900.0K	-$500.0K	-$500.0K	-$600.0K
YoY Change	28.74%	-33.89%	251.64%	10.0%	-23.08%	85.71%	0.0%	40.0%	-54.55%	22.22%	80.0%	0.0%	-16.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	-$11.05M	-$125.1M	$107.2M	$59.00M	$44.00M	$67.30M	$105.0M	$47.10M	-$3.200M	$32.90M	-$10.00M	$45.20M	$38.30M	$27.50M	$6.300M	$700.0K	$1.300M
YoY Change	-91.17%	-216.73%	81.66%	34.09%	-34.62%	-35.9%	122.93%	-1571.88%	-109.73%	-429.0%	-122.12%	18.02%	39.27%	336.51%	800.0%	-46.15%
Income Tax	$32.58M	$10.80M	$47.78M	$37.40M	$20.20M	$33.40M	$38.60M	$29.30M	$7.400M	$17.30M	$9.100M	$13.80M	$18.80M	$11.50M	$5.900M	$1.700M	$4.000M
% Of Pretax Income			44.58%	63.39%	45.91%	49.63%	36.76%	62.21%		52.58%		30.53%	49.09%	41.82%	93.65%	242.86%	307.69%
Net Earnings	-$50.84M	-$128.1M	$57.88M	$21.60M	$23.80M	$34.00M	$66.30M	$17.90M	-$10.60M	$15.60M	-$19.10M	$31.50M	$19.50M	$16.00M	$600.0K	-$900.0K	-$2.600M
YoY Change	-60.33%	-321.39%	167.95%	-9.24%	-30.0%	-48.72%	270.39%	-268.87%	-167.95%	-181.68%	-160.63%	61.54%	21.88%	2566.67%	-166.67%	-65.38%
Net Earnings / Revenue	-6.03%	-18.8%	9.65%	7.74%	9.25%	12.91%	24.73%	8.51%	-6.85%	8.97%	-13.9%	19.57%	17.73%	21.59%	1.17%	-3.64%	-8.81%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.17	-$0.44	$232.0K	$116.1K	$144.7K	$210.4K	$418.8K	$129.6K	-$82.17K	$121.8K	-$152.1K	$254.9K	$156.4K	$144.7K	$6.536K	-$10.66K	-$36.31K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$128.1M	$80.57M	$107.5M	$133.0M	$83.40M	$163.3M	$213.1M	$125.2M	$108.2M	$77.30M	$49.10M	$64.70M	$55.70M	$90.80M	$36.80M	$29.60M	$47.40M
YoY Change	59.05%	-25.06%	-19.16%	59.47%	-48.93%	-23.37%	70.21%	15.71%	39.97%	57.43%	-24.11%	16.16%	-38.66%	146.74%	24.32%	-37.55%
Cash & Equivalents	$22.01M	$15.35M	$107.1M	$131.9M	$83.40M	$66.00M	$103.0M	$4.500M	$2.000M	$42.90M	$20.60M	$40.70M	$13.10M	$9.200M
Short-Term Investments		$78.00K	$416.0K	$1.100M	$0.00	$72.80M	$30.10M	$42.70M	$36.00M	$34.40M	$17.40M	$6.000M	$17.00M	$20.50M	$6.000M	$27.50M	$38.60M
Other Short-Term Assets	$14.71M	$11.23M	$9.550M	$3.300M	$6.600M	$8.300M	$5.000M	$3.100M	$1.500M	$1.800M	$1.900M	$1.400M	$1.300M	$900.0K	$300.0K	$2.200M	$1.500M
YoY Change	31.05%	17.54%	189.39%	-50.0%	-20.48%	66.0%	61.29%	106.67%	-16.67%	-5.26%	35.71%	7.69%	44.44%	200.0%	-86.36%	46.67%
Inventory	$115.8M	$92.03M	$85.82M	$35.30M	$14.50M	$14.40M	$17.80M	$13.60M	$10.40M	$14.90M	$15.50M	$12.90M	$11.30M	$4.000M	$2.300M	$1.700M	$1.700M
Prepaid Expenses
Receivables	$19.97M	$23.98M	$25.72M	$26.30M	$33.60M	$28.10M	$34.30M	$23.20M	$5.200M	$16.60M	$9.800M	$15.20M	$11.30M	$11.20M	$7.200M	$0.00	$400.0K
Other Receivables	$54.67M	$44.91M	$52.48M	$50.30M	$14.10M	$4.800M	$2.200M	$1.900M	$2.600M	$3.700M	$7.000M	$11.80M	$7.900M	$4.900M	$1.700M	$6.300M	$6.700M
Total Short-Term Assets	$333.3M	$252.7M	$281.1M	$248.1M	$152.1M	$218.9M	$272.5M	$166.9M	$128.0M	$114.4M	$83.20M	$106.0M	$87.50M	$111.8M	$48.40M	$39.80M	$57.70M
YoY Change	31.9%	-10.09%	13.29%	63.12%	-30.52%	-19.67%	63.27%	30.39%	11.89%	37.5%	-21.51%	21.14%	-21.74%	130.99%	21.61%	-31.02%
Property, Plant & Equipment	$1.574B	$1.568B	$1.712B	$791.1M	$732.0M	$505.0M	$430.3M	$394.4M	$242.4M	$233.8M	$217.0M	$207.5M	$181.8M	$117.4M	$91.40M	$72.90M	$66.20M
YoY Change	0.42%	-8.45%	116.45%	8.07%	44.95%	17.36%	9.1%	62.71%	3.68%	7.74%	4.58%	14.14%	54.86%	28.45%	25.38%	10.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments				$900.0K	$13.50M	$47.40M	$2.700M
YoY Change				-93.33%	-71.52%	1655.56%
Other Assets	$45.98M	$51.11M	$23.95M	$10.60M			$0.00	$1.000M	$9.200M	$2.100M	$1.800M	$2.100M	$1.800M	$4.700M	$0.00	$3.100M	$900.0K
YoY Change	-10.03%	113.4%	125.95%				-100.0%	-89.13%	338.1%	16.67%	-14.29%	16.67%	-61.7%		-100.0%	244.44%
Total Long-Term Assets	$1.635B	$1.624B	$1.741B	$807.2M	$784.0M	$567.6M	$434.1M	$396.0M	$251.7M	$235.9M	$219.0M	$210.3M	$184.1M	$122.1M	$91.30M	$76.20M	$67.20M
YoY Change	0.68%	-6.74%	115.66%	2.96%	38.13%	30.75%	9.62%	57.33%	6.7%	7.72%	4.14%	14.23%	50.78%	33.73%	19.82%	13.39%
Total Assets	$1.968B	$1.876B	$2.022B	$1.055B	$936.1M	$786.5M	$706.6M	$562.9M	$379.7M	$350.3M	$302.2M	$316.3M	$271.6M	$233.9M	$139.7M	$116.0M	$124.9M
YoY Change
Accounts Payable	$100.4M	$72.57M	$82.53M	$21.90M	$16.00M	$14.10M	$13.60M	$15.30M	$18.20M	$10.10M	$9.900M	$11.20M	$9.000M	$0.00	$0.00	$0.00	$0.00
YoY Change	38.33%	-12.07%	276.86%	36.88%	13.48%	3.68%	-11.11%	-15.93%	80.2%	2.02%	-11.61%	24.44%
Accrued Expenses	$25.89M	$25.44M	$25.73M	$18.90M	$16.50M	$16.10M	$16.30M	$13.50M	$7.100M	$8.600M	$4.200M	$4.200M	$5.800M	$5.200M	$2.600M
YoY Change	1.77%	-1.1%	36.12%	14.55%	2.48%	-1.23%	20.74%	90.14%	-17.44%	104.76%	0.0%	-27.59%	11.54%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$58.84M	$9.416M	$10.52M	$7.000M	$8.800M	$3.400M	$900.0K	$2.100M	$800.0K		$200.0K	$400.0K	$700.0K	$1.100M	$1.000M	$800.0K	$400.0K
YoY Change	524.92%	-10.52%	50.33%	-20.45%	158.82%	277.78%	-57.14%	162.5%			-50.0%	-42.86%	-36.36%	10.0%	25.0%	100.0%
Total Short-Term Liabilities	$243.8M	$135.1M	$166.8M	$96.40M	$89.80M	$61.30M	$60.60M	$58.10M	$34.20M	$32.00M	$16.80M	$18.50M	$23.60M	$14.80M	$12.20M	$5.600M	$6.400M
YoY Change	80.46%	-19.0%	73.0%	7.35%	46.49%	1.16%	4.3%	69.88%	6.88%	90.48%	-9.19%	-21.61%	59.46%	21.31%	117.86%	-12.5%
Long-Term Debt	$205.4M	$231.1M	$176.4M	$171.1M	$161.6M	$74.70M	$39.90M	$40.70M	$39.50M	$0.00	$0.00	$200.0K	$100.0K	$3.200M	$1.500M	$1.400M	$400.0K
YoY Change	-11.12%	31.03%	3.08%	5.88%	116.33%	87.22%	-1.97%	3.04%			-100.0%	100.0%	-96.88%	113.33%	7.14%	250.0%
Other Long-Term Liabilities	$70.71M	$53.72M	$57.54M	$42.50M	$28.40M	$16.30M	$13.90M	$15.60M	$16.70M	$16.60M	$12.50M	$12.00M	$6.900M	$4.900M	$2.500M	$1.100M	$1.900M
YoY Change	31.62%	-6.63%	35.39%	49.65%	74.23%	17.27%	-10.9%	-6.59%	0.6%	32.8%	4.17%	73.91%	40.82%	96.0%	127.27%	-42.11%
Total Long-Term Liabilities	$276.1M	$284.8M	$233.9M	$213.6M	$190.0M	$91.00M	$53.80M	$56.30M	$56.20M	$16.60M	$12.50M	$12.20M	$7.000M	$8.100M	$4.000M	$2.500M	$2.300M
YoY Change	-3.06%	21.77%	9.51%	12.42%	108.79%	69.14%	-4.44%	0.18%	238.55%	32.8%	2.46%	74.29%	-13.58%	102.5%	60.0%	8.7%
Total Liabilities	$729.5M	$631.5M	$646.8M	$329.6M	$300.6M	$183.7M	$143.1M	$139.8M	$115.5M	$77.60M	$54.60M	$51.80M	$43.30M	$31.30M	$27.20M	$26.50M	$23.50M
YoY Change	15.52%	-2.37%	96.23%	9.65%	63.64%	28.37%	2.36%	21.04%	48.84%	42.12%	5.41%	19.63%	38.34%	15.07%	2.64%	12.77%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $1.7703 Billion

About

Fortuna Mining Corp is a CA-based company operating in Metals & Mining industry. The company is headquartered in Vancouver, British Columbia and currently employs 2,490 full-time employees. Fortuna Mining Corp., formerly Fortuna Silver Mines Inc., is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. The company has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan. The Seguela Mine in Cote d’Ivoire consists of the Antenna, Koula, Agouti, Boulder, Ancien, and Sunbird deposits, which will be mined via open-pit methods. Its Yaramoko Mine is in the Hounde greenstone belt region in the Province of Bale in southwestern Burkina Faso. The Lindero Mine is in Salta, Argentina. The San Jose Mine in the Taviche Mining District, Oaxaca, Mexico, produces silver and gold. Caylloma Mine in the Caylloma District of Arequipa, Peru.

Industry: Gold and Silver Ores Peers: