Fortuna Mining (FSM) Equity Ratio (2010 - 2025)

Fortuna Mining (FSM) reported Equity Ratio of 0.74 for Q4 2025, up 6.08% on a YoY basis from 0.69 in Q4 2024, and up 6.08% quarter-over-quarter from 0.69 in Q4 2024.

Fortuna Mining (FSM) Equity Ratio (2010 - 2025) Analysis & Trends

Fortuna Mining has reported Equity Ratio for 12 years, with the latest figure at 0.74 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio rose 6.08% year-over-year to 0.74; the trailing twelve-month figure through Dec 2025 stood at 0.74 (up 6.08% YoY), and the FY2025 full-year result was 0.74, up 6.08% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.74, up from 0.69 in the prior quarter.
  • The five-year high for Equity Ratio was 145.62 in Q3 2021, with the low at 0.06 in Q3 2024.
  • Historically, Equity Ratio has averaged 36.49 across 5 years, with a median of 0.7 in 2021.
  • Annual changes were most pronounced in 2023 — Equity Ratio decreased 4.7% — and 2025, when it increased 6.08%.
  • Fortuna Mining's Equity Ratio stood at 0.71 in 2021, then fell by 2.85% to 0.69 in 2022, then fell by 4.7% to 0.65 in 2023, then gained by 5.87% to 0.69 in 2024, then grew by 6.08% to 0.74 in 2025.
  • The last three Equity Ratio figures came in at 0.74 (Q4 2025), 0.69 (Q4 2024), and 0.06 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - 0.67
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 0.70
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 0.94
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn -
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 0.71
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 0.61
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 Fortuna Mining 2.48 Mn -578.43 Mn 211.84 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.74
Dec 31, 2024 0.69
Sep 30, 2024 0.06
Dec 31, 2023 0.65
Dec 31, 2022 0.69
Sep 30, 2022 142.76
Dec 31, 2021 0.71
Sep 30, 2021 145.62
Dec 31, 2020 0.69
Dec 31, 2019 0.68
Dec 31, 2018 0.77
Dec 31, 2017 0.80
Dec 31, 2015 0.70
Sep 30, 2011 0.14
Dec 31, 2010 0.05