Stock Ratings / Materials / FSM / forecast

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Fortuna Mining Corp. (FSM) 12-Month Stock Forecast & Price Target Cone

$8.88 -5.23% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $8.78

Fortuna Mining Corp. (FSM) carries a Roarable Rating of D (Sell) with 47/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (47/100 · D) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D • SELL / AVOID Cap $2.85B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on FSM Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is FSM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Fortuna Mining Corp. (NYSE: FSM) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 47/100 at a spot price of $8.88 (-5.23% 1D, market cap $2.85B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 5/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 9/20. Across 270 tracked Materials issuers, FSM ranks #123 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does FSM compare to TGB and SA in the Materials sector?

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Within the Materials sector (Precious Metals), FSM carries a Roarable D (47/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, TGB (Trekor Metals Limited) holds a D+ grade (54/100 RQD, P/E N/A, ROIC —, cap $2.88B) and SA (Seabridge Gold Inc.) posts a D grade (46/100 RQD, P/E N/A, ROIC —, cap $2.78B). Among the 5-stock peer group, FSM leads on earnings multiple (N/A) while NG leads on capital efficiency (-27.6% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for FSM?

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For Fortuna Mining Corp. (FSM), key quantitative strengths include Established market leader in Materials with deep daily trading liquidity. and sector rank #123 in Materials, while primary risk factors center on Company executives have done more routine share selling than personal cash buying lately. and Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $8.78 (-1.13%)🧬 Disciplined Float (-0.40% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 2% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (47/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-5.9% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D+

Each axis scored 0–20

12M PRICE TARGET CONE-5% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FSM)Realized 20D OHLCV Swing Band: ±8.3%

Deterministic 5-Pillar Attribution (47/100 Composite)

🔍 WHY FSM SCORES 47/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (28% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▲ #2 Bullish Driver: Cash Engine Quality+12/20 pts (26% of score)

SEC XBRL Trailing 12 Months: 2% FCF Margin ($79.9M FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Whale & Options Positioning5/20 pts (-15 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-15 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$10.76-1.6% Next Q

Q2 (-2Q)

Grade C-$10.59-12.2% Next Q

Q3 (-1Q)

Grade C-$9.30-4.5% Next Q

Current

Grade D$8.88-5.9% Hist 90D α

Trajectory: C (55) → D (47)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a FSM Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While FSM currently carries a cautious 47/100 (D) rating due to Whale & Options Positioning (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Materials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($11.17) and Max Pain ($9.32) forces dealer call-delta covering toward $14.54.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (-0.40% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $FSM• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “FSM Beats Next Quarter EPS Consensus (Upcoming Quarter) & Holds Above 200D SMA”

YES 47%NO 53%Trade / Inspect Odds →

INTERACTIVE 12-MONTH POSITION SIMULATOR

Drag to Test Your FSM Position Size: $10,000

Shares at $8.88: 1126.1 sh

$1,000$10,000$25,000$50,000$100,000

12M Bear Case FloorTarget $6.58

$7,410

$-2,590 (-25.9%)

12M Consensus BaseTarget $8.44

$9,505

$-495 (-5.0%)

12M Bull Case BreakoutTarget $14.54

$16,374

+$6,374 (+63.7%)

Wall Street Analyst Breakdown & Historical Accuracy Audit (35 Desks)

Street Historical Accuracy: 64/100

● Strong Buy / Buy: 17● Hold: 9● Sell: 9

Wall Street Firm	Stance	12M Target	1Y Accuracy	Track Grade
Morgan StanleyInstitutional Equity Desk	HOLD	$9	74%	A
Goldman SachsSector Coverage Lead	UNDERPERFORM	$14	69%	B
JP MorganUS Large-Cap Research	SELL	$8	58%	C

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FSM)

✓Walkthrough of FSM's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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FSM // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -3.69%📐 HORIZONTAL RANGE

2026-11-02O $9.65H $9.65L $8.88C $8.88VOL 3.98M

RES: $14.93SUP: $7.74SMA50: $11.17SMA200: $10.31

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

FSM Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 FSM Butterfly Map → + Track FSM →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on FSM today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for FSM. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for FSM today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FSM)

Materials Rank #123 of 270 ⚔️ TGB vs FSM Full Matrix →

1. Head-to-Head Materials Peer Comparison (FSM vs. TGB, SA, NG, AYA)

Industry: Precious Metals (74 Tracked Issuers)

Across 270 tracked Materials securities in the Roarable RQD universe, Fortuna Mining Corp. (FSM) ranks #123 by composite RQD confidence (47/100, grade D) and #96 by equity capitalization ($2.85B). Within this direct 5-issuer industry benchmark cohort, FSM leads on earnings valuation at N/A trailing P/E, while NG leads on capital efficiency and profitability with -27.6% ROIC and — gross margin. TGB currently holds the highest overall quantitative score in the immediate peer group at 54/100 (D+) compared with FSM at 47/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
FSM ACTIVE Fortuna Mining Corp.	D	47/100	—	—	—	-5.23%	$2.85B	Benchmark Subject
TGB Trekor Metals Limited	D+	54/100	—	—	—	-6.36%	$2.88B	/tgb-vs-fsm →
SA Seabridge Gold Inc.	D	46/100	—	—	—	-6.24%	$2.78B	/sa-vs-fsm →
NG Novagold Resources Inc.	E	24/100	—	—	-27.6%	-5.83%	$2.71B	/ng-vs-fsm →
AYA Aya Gold & Silver Inc.	D+	54/100	—	—	—	-5.85%	$3.52B	/aya-vs-fsm →

2. FSM Fundamental Profitability, Capital Efficiency & Balance-Sheet Forensics

TRAILING 12M & FORWARD QUANTITATIVE SNAPSHOT

Fortuna Mining Corp. (FSM) operates in Precious Metals (Materials) with an equity capitalization of $2.85B, trailing P/E of N/A, forward P/E of N/A, and EV/EBITDA of N/A. Operating profitability registers a gross margin of —, operating margin of —, net profit margin of —, ROIC of —, and free cash flow yield of —, alongside an Altman Z-Score of N/A and Piotroski F-Score of N/A.

3. FSM Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is FSM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does FSM compare to TGB and SA in the Materials sector?

What are the biggest fundamental strengths and SEC risk factors for FSM?

Where is FSM trading relative to its 50-day, 200-day, and 52-week technical levels?

FSM last traded at $8.88 (-5.23% on volume of 4,955,771 shares), positioning the stock -20.50% below its 50-day simple moving average ($11.17) and -13.87% below its 200-day simple moving average ($10.31). Across its 52-week range of $7.72 to $13.85, FSM sits at the 18.9% percentile with a 14-day RSI of 39.0 (NEUTRAL RANGE) and an implied next-earnings move of ±8.3% ($8.14 to $9.62).

FSM Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

What is FSM's 12-month stock price target?

Fortuna Mining Corp. (FSM) carries a 12-month consensus base price target of $8.44 (-5% from $8.88), with a bull-case target of $14.54 and a bear-case floor of $6.58.

Is FSM stock a Buy, Hold, or Sell right now?

Roarable's 5-Pillar RQD Quant Engine rates FSM D (Sell — SELL) with an RQD Confidence score of 47/100.

Direct Sub-Reports: FSM RQD Cockpit FSM 12M Forecast FSM Earnings & Move FSM Dividends & DRIP FSM Insiders & 13F FSM Whale Options FSM Profit Sankey FSM News & Why