Fortuna Mining Corp. (NYSE:FSM) is included among the 11 Best Mining Stocks to Buy According to Wall Street.
On February 10, 2026, Fortuna Mining Corp. (NYSE:FSM) said it submitted an application for an exploitation permit for the Diamba Sud gold project to the Ministry of Energy, Petroleum, and Mines on February 4. The company said it continues to advance early works and engineering at Diamba Sud, including site preparation and detailed engineering programs intended to de-risk critical path activities and support the feasibility study. Fortuna also said it plans to publish an updated Mineral Resource estimate for Diamba Sud by the end of the month, which will form the basis for estimating Mineral Reserves for use in the feasibility study and support the evaluation of a potential construction decision targeted for mid-2026. The company added that robust project economics were demonstrated in the Preliminary Economic Assessment completed in October 2025.
On February 4, 2026, CIBC upgraded Fortuna Mining Corp. (NYSE:FSM) to Neutral from Underperformer and raised its price target to C$16 from C$9. The firm said it is raising its gold price forecast to $6,000 per ounce in 2026, $6,500 per ounce in 2027, and $6,000 per ounce in 2028, citing expectations that 2025 demand drivers will remain in place in 2026, alongside heightened geopolitical uncertainty, pressure on the U.S. dollar, and one to two rate cuts in 2026.
Fortuna Mining Corp. (NYSE:FSM) is engaged in precious and base metal mining with operations in Argentina, Burkina Faso, Côte d’Ivoire, Mexico, Peru, and Senegal. The company operates through Mansfield, Sanu, Sango, Cuzcatlan, and Bateas segments. It operates the Lindero gold mine, the Yaramoko gold mine, the Séguéla gold mine, and the San Jose silver-gold mine, as well as the Caylloma silver, lead, and zinc mine.
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