FSM
9/9 ScoreFortuna Mining Corp.
Analysis Date: March 2, 2026
Fortuna Silver Mines Inc. engages in the acquisition, exploration, and mining of precious and base metal deposits in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It holds interest in the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; the Lindero gold project located in Argentina; Yaramoko gold mine situated in south western Burkina Faso; and Séguéla gold mine located in south western Côte d'Ivoire. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. was incorporated in 1990 and is based in Vancouver, Canada.
Buffettology Criteria
All 9 of 9 criteria passed
High ROE
Return on Equity > 12%
Value: 18.5%
High ROIC
Return on Invested Capital > 9%
Value: 15.1%
Cash Machine
FCF / Assets > 5%
Value: 0.12
Fair Valuation
Earnings Yield > 3.5%
Value: 7.0%
Share Buybacks
Share Count is Dropping
Value: -0.7%
Defensible Moat
Gross Profit Margin > 40%
Value: 48.1%
Simple Business
Not in a speculative sector (e.g., Biotech)
Value: Basic Materials
Conservative Debt
Debt to Equity < 1.5
Value: 0.16x
Consistent Growth
5-Year Growth is Positive
Value: 7.0%
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