Fortuna Silver Mines Net Income

FSM Stock  USD 11.49  0.38  3.20%   
As of the 30th of January, Fortuna Silver shows the Coefficient Of Variation of 487.09, mean deviation of 2.16, and Downside Deviation of 2.27. Fortuna Silver Mines technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fortuna Silver Mines variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Fortuna Silver Mines is priced favorably, providing market reflects its regular price of 11.49 per share. Given that Fortuna Silver has jensen alpha of 0.4826, we urge you to verify Fortuna Silver Mines's prevailing market performance to make sure the company can sustain itself at a future point.

Fortuna Silver Total Revenue

1.28 Billion

Fortuna Silver's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Fortuna Silver's valuation are provided below:
Gross Profit
497.8 M
Profit Margin
0.1836
Market Capitalization
3.5 B
Enterprise Value Revenue
2.6913
Revenue
1.3 B
There are over one hundred nineteen available fundamental signals for Fortuna Silver Mines, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to verify Fortuna Silver's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. At this time, Fortuna Silver's Market Cap is very stable compared to the past year. As of the 30th of January 2026, Enterprise Value is likely to grow to about 504.6 M, while Working Capital is likely to drop (544.2 K). This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income148 M155.4 M
Net Income From Continuing Ops127.7 M134.1 M
Net Loss-115.3 M-109.6 M
Net Income Per Share 0.38  0.39 
Net Income Per E B T 0.55  0.59 
At this time, Fortuna Silver's Net Income is very stable compared to the past year. As of the 30th of January 2026, Net Income From Continuing Ops is likely to grow to about 134.1 M, though Net Loss is likely to grow to (109.6 M).
  
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Evaluating Fortuna Silver's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Fortuna Silver Mines's fundamental strength.

Latest Fortuna Silver's Net Income Growth Pattern

Below is the plot of the Net Income of Fortuna Silver Mines over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Fortuna Silver Mines financial statement analysis. It represents the amount of money remaining after all of Fortuna Silver Mines operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Fortuna Silver's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortuna Silver's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 128.74 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Fortuna Net Income Regression Statistics

Arithmetic Mean30,087,190
Coefficient Of Variation232.97
Mean Deviation48,382,639
Median21,553,000
Standard Deviation70,093,867
Sample Variance4913.2T
Range283.6M
R-Value0.38
Mean Square Error4475.6T
R-Squared0.15
Significance0.13
Slope5,303,652
Total Sum of Squares78610.4T

Fortuna Net Income History

2026155.4 M
2025148 M
2024128.7 M
2023-50.8 M
2022-128.1 M
202157.9 M
202021.6 M

Other Fundumenentals of Fortuna Silver Mines

Fortuna Silver Net Income component correlations

Fortuna Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Fortuna Silver is extremely important. It helps to project a fair market value of Fortuna Stock properly, considering its historical fundamentals such as Net Income. Since Fortuna Silver's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fortuna Silver's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fortuna Silver's interrelated accounts and indicators.
Will Metals & Mining sector continue expanding? Could Fortuna diversify its offerings? Factors like these will boost the valuation of Fortuna Silver. Market participants price Fortuna higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Fortuna Silver data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
1.352
Earnings Share
0.84
Revenue Per Share
4.084
Quarterly Revenue Growth
0.383
Return On Assets
0.1219
Investors evaluate Fortuna Silver Mines using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Fortuna Silver's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Fortuna Silver's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Fortuna Silver's market price signifies the transaction level at which participants voluntarily complete trades.

Fortuna Silver 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fortuna Silver's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fortuna Silver.
0.00
11/01/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/30/2026
0.00
If you would invest  0.00  in Fortuna Silver on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding Fortuna Silver Mines or generate 0.0% return on investment in Fortuna Silver over 90 days. Fortuna Silver is related to or competes with Endeavour Silver, Perpetua Resources, Aura Minerals, Boise Cascad, Methanex, Centerra Gold, and Sayona Mining. Fortuna Silver Mines Inc. engages in the acquisition, exploration, and mining of precious and base metal deposits in Arg... More

Fortuna Silver Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fortuna Silver's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fortuna Silver Mines upside and downside potential and time the market with a certain degree of confidence.

Fortuna Silver Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortuna Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortuna Silver's standard deviation. In reality, there are many statistical measures that can use Fortuna Silver historical prices to predict the future Fortuna Silver's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortuna Silver's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.7411.4914.24
Details
Intrinsic
Valuation
LowRealHigh
9.8412.5915.34
Details
Naive
Forecast
LowNextHigh
9.2912.0414.79
Details
5 Analysts
Consensus
LowTargetHigh
12.7414.0015.54
Details

Fortuna Silver January 30, 2026 Technical Indicators

Fortuna Silver Mines Backtested Returns

Fortuna Silver appears to be not too volatile, given 3 months investment horizon. Fortuna Silver Mines secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21 % return per unit of risk over the last 3 months. By reviewing Fortuna Silver's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Fortuna Silver's Coefficient Of Variation of 487.09, downside deviation of 2.27, and Mean Deviation of 2.16 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fortuna Silver holds a performance score of 16. The firm shows a Beta (market volatility) of 1.23, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fortuna Silver will likely underperform. Please check Fortuna Silver's value at risk, as well as the relationship between the skewness and price action indicator , to make a quick decision on whether Fortuna Silver's price patterns will revert.

Auto-correlation

    
  0.70  

Good predictability

Fortuna Silver Mines has good predictability. Overlapping area represents the amount of predictability between Fortuna Silver time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortuna Silver Mines price movement. The serial correlation of 0.7 indicates that around 70.0% of current Fortuna Silver price fluctuation can be explain by its past prices.
Correlation Coefficient0.7
Spearman Rank Test0.71
Residual Average0.0
Price Variance0.46
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Fortuna Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

16.57 Million

At this time, Fortuna Silver's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Fortuna Silver Mines reported net income of 128.74 M. This is 1169.72% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The net income for all United States stocks is 77.45% higher than that of the company.

Fortuna Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortuna Silver's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortuna Silver could also be used in its relative valuation, which is a method of valuing Fortuna Silver by comparing valuation metrics of similar companies.
Fortuna Silver is currently under evaluation in net income category among its peers.

Fortuna Silver ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortuna Silver's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortuna Silver's managers, analysts, and investors.
Environmental
Governance
Social

Fortuna Silver Institutional Holders

Institutional Holdings refers to the ownership stake in Fortuna Silver that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fortuna Silver's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fortuna Silver's value.
Shares
Millennium Management Llc2025-06-30
5.4 M
Connor Clark & Lunn Inv Mgmt Ltd2025-06-30
4.5 M
Citadel Advisors Llc2025-06-30
3.9 M
Two Sigma Investments Llc2025-06-30
3.8 M
Hillsdale Investment Management Inc.2025-06-30
3.7 M
Amundi2025-06-30
3.6 M
Voloridge Investment Management, Llc2025-06-30
3.5 M
Nuveen, Llc2025-06-30
M
Jane Street Group Llc2025-06-30
2.8 M
Van Eck Associates Corporation2025-06-30
20.4 M
Morgan Stanley - Brokerage Accounts2025-06-30
13 M

Fortuna Fundamentals

About Fortuna Silver Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fortuna Silver Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortuna Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortuna Silver Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Fortuna Silver Mines is a strong investment it is important to analyze Fortuna Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortuna Silver's future performance. For an informed investment choice regarding Fortuna Stock, refer to the following important reports:
Check out
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Will Metals & Mining sector continue expanding? Could Fortuna diversify its offerings? Factors like these will boost the valuation of Fortuna Silver. Market participants price Fortuna higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Fortuna Silver data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
1.352
Earnings Share
0.84
Revenue Per Share
4.084
Quarterly Revenue Growth
0.383
Return On Assets
0.1219
Investors evaluate Fortuna Silver Mines using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Fortuna Silver's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Fortuna Silver's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Fortuna Silver's market price signifies the transaction level at which participants voluntarily complete trades.