Fortuna Mining (FSM) Deferred Taxes (2015 - 2024)
Fortuna Mining's (FSM) quarterly Deferred Taxes came in at -$6.7 million in Q3 2024, down 568.08% YoY from $1.4 million in Q4 2023, and down 568.08% on a QoQ basis from $1.4 million in Q3 2023.
Fortuna Mining (FSM) Deferred Taxes (2015 - 2024) Analysis & Trends
Fortuna Mining (FSM) has 10 years of Deferred Taxes data on file, last reported at -$6.7 million in Q3 2024.
- Quarterly Deferred Taxes fell 568.08% year-over-year to -$6.7 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was -$1.1 million (down 120.3% YoY) and the FY2019 annual result came in at -$12.5 million, down 546.93% from the prior year.
- Deferred Taxes retreated to -$6.7 million in Q3 2024, from $1.4 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $4.6 million in Q2 2022 to a low of -$6.7 million in Q3 2024.
- A 5-year average of $68200.0 and a median of -$143000.0 in 2021 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes surged 3318.18% — and 2024, when it slumped 568.08%.
- Tracing FSM's Deferred Taxes over 5 years: stood at -$559000.0 in 2020, then soared by 74.42% to -$143000.0 in 2021, then surged by 3318.18% to $4.6 million in 2022, then sank by 68.69% to $1.4 million in 2023, then tumbled by 568.08% to -$6.7 million in 2024.
- The last three Deferred Taxes figures came in at -$6.7 million (Q3 2024), $1.4 million (Q3 2023), and -$412000.0 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | -101.00 Mn |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 99.28 Mn |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 179.00 Mn |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | -8.34 Mn |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 18.11 Mn |
| 10 | Fortuna Mining | 3.61 Bn | 2.99 Bn | 183.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -6.75 Mn |
| Sep 30, 2023 | 1.44 Mn |
| Jun 30, 2023 | -412,000.00 |
| Jun 30, 2022 | 4.60 Mn |
| Sep 30, 2021 | -143,000.00 |
| Jun 30, 2021 | -143,000.00 |
| Mar 31, 2021 | -697,000.00 |
| Sep 30, 2020 | -559,000.00 |
| Jun 30, 2020 | 2.18 Mn |
| Mar 31, 2020 | 1.16 Mn |
| Jun 30, 2019 | -4.25 Mn |
| Jun 30, 2018 | 1.72 Mn |
| Sep 30, 2017 | -1.20 Mn |
| Jun 30, 2017 | -2.98 Mn |
| Aug 31, 2016 | 700,000.00 |
| Jun 30, 2016 | 1.02 Mn |
| Dec 31, 2015 | 3.00 Mn |