Fortuna Mining Corp.FSM) is one of the 15 Best Performing Silver Stocks to Buy.
On January 16, 2026, TheFly announced that BMO Capital had retained its Outperform rating and raised its price target for Fortuna Mining Corp. (NYSE: FSM) from CA$15 to CA$17. The update was published on January 16, 2026 by analyst Kevin O’Halloran.
On January 15, 2026, Fortuna Mining Corp. (NYSE: FSM) said it will produce between 281,000 and 305,000 gold equivalent ounces in 2026. Growth is expected to be driven by higher production at the Seguela mine, which will be offset somewhat by lower production at Caylloma due to the consequences of converting gold into the base metal. The estimated price per ounce of consolidated AISC is between $1,830 and $1,975. Higher royalties of approximately $30 per ounce, assuming $3,750 gold, metal price impacts at Caylloma of approximately $60 per ounce, and a higher cost base at Seguela account for the growth relative to 2025. Higher gold production at Seguela and lower cash costs at Lindero partially mitigated these challenges.
Fortuna Mining Corp. (NYSE: FSM) is a Canadian precious metals mining company with gold and silver-producing mines in West Africa and Latin America.
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Disclosure: None. This article was originally published on Initiated Monkey.
