Financials Fortuna Mining Corp.

Equities

FVI

CA3499151080

Diversified Mining

Market Closed - Toronto S.E. 16:00:00 2024-06-25 EDT 5-day change 1st Jan Change
6.7 CAD -0.74% Intraday chart for Fortuna Mining Corp. -2.05% +31.37%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 652.3 1,513 1,139 1,089 1,179 1,502 - -
Enterprise Value (EV) 1 730.5 1,539 1,189 1,228 1,179 1,423 1,197 1,123
P/E ratio 29.1 x 68.4 x 17 x -8.53 x - - 12.9 x -
Yield - - - - - - - -
Capitalization / Revenue 2.54 x 5.42 x 1.9 x 1.6 x 1.4 x 1.56 x 1.91 x 2.93 x
EV / Revenue 2.84 x 5.52 x 1.98 x 1.8 x 1.4 x 1.48 x 1.52 x 2.19 x
EV / EBITDA 7.66 x 13.7 x 4.24 x 5 x 3.52 x 3.51 x 3.57 x 5.1 x
EV / FCF -4.04 x -60 x -231 x -21.5 x - 10.1 x 6.51 x 10.4 x
FCF Yield -24.8% -1.67% -0.43% -4.64% - 9.94% 15.4% 9.59%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 160,292 184,196 291,529 290,182 306,588 306,114 - -
Reference price 2 4.070 8.212 3.907 3.754 3.847 4.906 4.906 4.906
Announcement Date 3/11/20 3/10/21 3/23/22 3/15/23 3/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 257.2 279 599.9 681.5 842.4 962.1 785 513.4
EBITDA 1 95.4 112.6 280.7 245.5 335.1 406 335.6 220.2
EBIT 1 51.1 57.2 136.9 -113.6 -0.407 200 191 81
Operating Margin 19.87% 20.5% 22.82% -16.66% -0.05% 20.79% 24.33% 15.78%
Earnings before Tax (EBT) 43.97 58.96 107.2 -125.1 - - 185.3 -
Net income 1 23.8 21.55 57.88 -128.1 -50.84 120.6 121.6 54
Net margin 9.25% 7.73% 9.65% -18.8% -6.03% 12.54% 15.49% 10.52%
EPS 0.1400 0.1200 0.2300 -0.4400 - - 0.3800 -
Free Cash Flow 1 -180.9 -25.67 -5.151 -56.99 - 141.4 183.8 107.7
FCF margin -70.33% -9.2% -0.86% -8.36% - 14.69% 23.42% 20.99%
FCF Conversion (EBITDA) - - - - - 34.83% 54.77% 48.93%
FCF Conversion (Net income) - - - - - 117.18% 151.15% 199.51%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/11/20 3/10/21 3/23/22 3/15/23 3/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q4 2025 Q1 2025 Q2
Net sales 198.9 182.3 167.9 166.6 164.7 175.7 158.4 243.1 265.3 224.9 - - -
EBITDA 89.6 80.3 57.9 54.4 55.8 65.3 44.4 104.6 120.3 95.2 - - -
EBIT - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - -
EPS 0.0400 0.0900 0.0100 -0.0100 -0.5200 0.0400 - 0.0900 - - - 0.1100 0.1000
Dividend per Share - - - - - - - - - - - - -
Announcement Date 3/23/22 5/11/22 8/10/22 11/9/22 3/15/23 5/15/23 8/9/23 11/8/23 3/7/24 5/8/24 - - -
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 78.2 26.7 50.4 139 - - - -
Net Cash position 1 - - - - - 79 305 379
Leverage (Debt/EBITDA) 0.8195 x 0.2373 x 0.1795 x 0.5649 x - - - -
Free Cash Flow 1 -181 -25.7 -5.15 -57 - 141 184 108
ROE (net income / shareholders' equity) 3.84% 3.17% 5.51% - - 9.05% 8.15% 3%
ROA (Net income/ Total Assets) 2.76% - 3.76% - - 6% 6% 2%
Assets 1 861.3 - 1,539 - - 2,011 2,027 2,700
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 0.3800 0.5000 0.5900 0.6700 - 1.080 0.8900 0.6100
Capex 1 244 119 152 251 - 166 90.3 56.7
Capex / Sales 94.82% 42.68% 25.39% 36.87% - 17.29% 11.51% 11.05%
Announcement Date 3/11/20 3/10/21 3/23/22 3/15/23 3/7/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
4.906 USD
Average target price
6.18 USD
Spread / Average Target
+25.96%
Consensus
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  4. Financials Fortuna Mining Corp.