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Fortuna Mining Corp (FVI) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 12, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.56

Last Year’s EPS

0.2

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 2 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 06, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented a strongly positive operational and financial picture: record revenue, record adjusted net income and EBITDA, exceptional free cash flow, robust liquidity, meaningful reserve and resource expansion, and a funded growth pipeline with near-term technical and permitting milestones. Lowlights were largely manageable or temporary: higher reported AISC partly driven by one-off items and royalties linked to higher metal prices, temporary cost pressures at Lindero tied to maintenance and macro conditions, a near-term increase in tax expense and tax-driven cash outflows that will reduce free cash flow in Q2–Q3, and a noted gap in cyber due diligence for potential acquisitions. Overall, the positive operational execution, strong balance sheet, and visible project pipeline substantially outweigh the manageable near-term cost, tax, and governance concerns.

Company Guidance

Management reiterated it is on track to meet full‑year 2026 guidance and expects approximately 60% growth in annual gold production over the next 24 months to ~0.5 million ounces, driven by the Seguela expansion and Diamba Sud; near‑term milestones include Diamba Sud and Seguela feasibility/expansion studies due in May, Diamba Sud ESIA approval imminent and exploitation permit expected mid‑year, and Diamba Sud early‑works budgeted at $100 million for 2026. Company‑level financial and capital guidance: 2026 total exploration/sustaining/non‑sustaining capital of ~$330 million (56% to growth/exploration) to be funded from internal cash flow; Q1 free cash flow from ongoing operations was $174 million, record sales were $342 million, adjusted net income $111 million ($0.36/sh), adjusted EBITDA $219 million, liquidity ~$816 million (cash $665.9 million, net cash $493 million, $150 million undrawn revolver), and expected 2026 tax payments of ~$140 million (~50% in Q2, 35% in Q3) with a full‑year effective tax rate moving to the high‑30% range. Project and cost guidance/details include proven & probable reserves up 50% to 3.0 Moz, indicated resources up 56% to 2.1 Moz, inferred resources up 4% to 2.2 Moz; Seguela Sunbird will be owner‑operated with an incremental ~$25 million CapEx and initial development targeted for 2027, a 6 MW Seguela solar plant to be commissioned this quarter (≈35% per‑unit power cost saving), and Lindero’s AISC expected to trend toward ~$1,300/oz by Q4.

Record Revenue and Profitability

Sales of $342 million (quarterly record); adjusted net income of $111 million ($0.36 per share), a quarterly record (up 64% versus prior quarter and up 200% versus prior year); adjusted EBITDA of $219 million (record).

Exceptional Cash Generation and Strong Liquidity

Free cash flow from ongoing operations of $174 million (strongest quarterly cash generation to date); cash balance $665.9 million and net cash of $493 million; total liquidity of $816 million including $150 million undrawn revolver.

Production and Operational Delivery

Total production of 72,900 gold equivalent ounces for the quarter; Seguela produced 42,016 ounces (up ~14% quarter-over-quarter) with a Seguela cash cost of $679/oz.

Reserve and Resource Growth

Proven and probable mineral reserves increased 50% year-over-year to 3.0 million gold ounces (after depletion); indicated resources increased 56% to 2.1 million ounces; inferred resources increased 4% to 2.2 million ounces.

Clear, Funded Growth Plan

Targeting ~60% growth in annual gold production over the next 24 months to ~0.5 million ounces via Seguela expansion and Diamba Sud—projects described as technically straightforward and financed from the balance sheet; 2026 capital budget ~ $330 million funded internally (56% to growth/exploration).

Near-Term Project Catalysts

Diamba Sud feasibility study and Seguela expansion study expected in May; Diamba Sud ESIA approval described as imminent and exploitation permit expected mid-year; $100 million early-works budget for Diamba Sud in 2026.

Shareholder Returns

Year-to-date share repurchases of $40 million (4.2 million shares repurchased), including $20 million in the quarter (representing 11% of quarterly free cash flow from operations).

Fortuna Mining Corp (TSE:FVI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:FVI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 12, 2026	2026 (Q2)	0.56 / -	0.199	―	―	―
May 06, 2026	2026 (Q1)	0.53 / 0.50	0.284	75.00% (+0.21)
Feb 18, 2026	2025 (Q4)	0.32 / 0.31	0.043	633.33% (+0.27)
Nov 05, 2025	2025 (Q3)	0.26 / 0.24	0.228	6.25% (+0.01)
Aug 06, 2025	2025 (Q2)	0.26 / 0.20	0.185	7.69% (+0.01)
May 07, 2025	2025 (Q1)	0.31 / 0.28	0.128	122.22% (+0.16)
Mar 06, 2025	2024 (Q4)	0.23 / 0.04	0.097	-55.88% (-0.05)
Nov 07, 2024	2024 (Q3)	0.16 / 0.23	0.142	60.00% (+0.09)
Aug 08, 2024	2024 (Q2)	0.20 / 0.18	0.014	1200.00% (+0.17)
May 08, 2024	2024 (Q1)	0.08 / 0.13	0.071	80.00% (+0.06)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:FVI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	C$13.46	C$14.26	+5.94%
Feb 18, 2026	C$14.11	C$14.36	+1.77%
Nov 05, 2025	C$11.13	C$11.27	+1.26%
Aug 06, 2025	C$9.72	C$8.55	-12.04%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Fortuna Mining Corp (TSE:FVI) report earnings?

Fortuna Mining Corp (TSE:FVI) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).

What is Fortuna Mining Corp (TSE:FVI) earnings time?

Fortuna Mining Corp (TSE:FVI) earnings time is at Aug 12, 2026, After Close (Confirmed).

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What is TSE:FVI EPS forecast?

TSE:FVI EPS forecast for the fiscal quarter 2026 (Q2) is 0.56.