Fortuna Mining (FSM) Change in Inventory (2011 - 2024)
Fortuna Mining (FSM) posted Change in Inventory of -$13.5 million for Q2 2024, down 38.17% quarter-over-quarter from -$9.8 million in Q1 2024, and down 18.99% year-on-year from -$16.7 million in Q3 2023.
Fortuna Mining (FSM) Change in Inventory (2011 - 2024) Analysis & Trends
Fortuna Mining (FSM) has reported Change in Inventory for 14 consecutive years, with -$13.5 million the latest figure, recorded in Q2 2024.
- Change in Inventory for Q2 2024 came in at -$13.5 million, down 18.99% year-over-year; the trailing twelve-month figure through Jun 2024 was $12.7 million (down 21.95% YoY), and the FY2025 annual result was $11.6 million, down 52.64% from the prior year.
- Change in Inventory was -$13.5 million for Q2 2024 at Fortuna Mining, down from -$9.8 million in the prior quarter.
- Over five years, Change in Inventory peaked at $42.5 million in Q4 2023 and troughed at -$13.5 million in Q2 2024.
- Average Change in Inventory over 5 years is $3.8 million, with a median of -$2.9 million recorded in 2021.
- Year-over-year, Change in Inventory surged 916.66% in 2020 and slumped 5300.0% in 2021.
- Over 5 years, Change in Inventory stood at $24.3 million in 2020, then soared by 73.11% to $42.0 million in 2021, then decreased by 18.91% to $34.1 million in 2022, then advanced by 24.7% to $42.5 million in 2023, then slumped by 131.87% to -$13.5 million in 2024.
- Per Business Quant data, the three most recent Change in Inventory figures were -$13.5 million in Q2 2024, -$9.8 million in Q1 2024, and $42.5 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | - |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | -3.11 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 152.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -12.79 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 35.80 Mn |
| 10 | Fortuna Mining | 2.55 Bn | 1.95 Bn | 211.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -13.54 Mn |
| Jun 30, 2024 | -13.54 Mn |
| Mar 31, 2024 | -9.80 Mn |
| Mar 31, 2024 | -9.80 Mn |
| Dec 31, 2023 | 42.49 Mn |
| Dec 31, 2023 | 42.49 Mn |
| Sep 30, 2023 | -6.43 Mn |
| Sep 30, 2023 | -6.43 Mn |
| Jun 30, 2023 | -11.38 Mn |
| Jun 30, 2023 | -11.38 Mn |
| Mar 31, 2023 | -3.66 Mn |
| Mar 31, 2023 | -3.66 Mn |
| Dec 31, 2022 | 34.07 Mn |
| Dec 31, 2022 | 34.07 Mn |
| Sep 30, 2022 | -2.74 Mn |
| Sep 30, 2022 | -2.74 Mn |
| Jun 30, 2022 | -1.56 Mn |
| Jun 30, 2022 | -1.56 Mn |
| Mar 31, 2022 | -9.36 Mn |
| Mar 31, 2022 | -9.36 Mn |