Fortuna Mining (FSM) Change in Inventory (2010 - 2024)
Fortuna Mining's (FSM) quarterly Change in Inventory came in at -$13.5 million in Q2 2024, down 18.99% YoY from -$16.7 million in Q3 2023, and down 38.17% on a QoQ basis from -$9.8 million in Q1 2024.
Fortuna Mining (FSM) Change in Inventory (2010 - 2024) Analysis & Trends
Fortuna Mining (FSM) has 15 years of Change in Inventory data on file, last reported at -$13.5 million in Q2 2024.
- Quarterly Change in Inventory fell 18.99% year-over-year to -$13.5 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $12.7 million (down 21.95% YoY) and the FY2025 annual result came in at $11.6 million, down 52.64% from the prior year.
- Change in Inventory retreated to -$13.5 million in Q2 2024, from -$9.8 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $42.5 million in Q4 2023 to a low of -$13.5 million in Q2 2024.
- A 5-year average of $3.8 million and a median of -$2.9 million in 2021 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2020 — Change in Inventory soared 916.66% — and 2021, when it plunged 5300.0%.
- Tracing FSM's Change in Inventory over 5 years: stood at $24.3 million in 2020, then soared by 73.11% to $42.0 million in 2021, then declined by 18.91% to $34.1 million in 2022, then increased by 24.7% to $42.5 million in 2023, then tumbled by 131.87% to -$13.5 million in 2024.
- The last three Change in Inventory figures came in at -$13.5 million (Q2 2024), -$9.8 million (Q1 2024), and $42.5 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 131.00 Mn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | -42.49 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | - |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | -378,000.00 |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 24.46 Mn |
| 10 | Fortuna Mining | 3.66 Bn | 3.04 Bn | 183.46 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 |