Fortuna Mining (FSM) Invested Capital (2010 - 2025)
Fortuna Mining's (FSM) quarterly Invested Capital came in at $134.4 million in Q4 2025, up 6.65% YoY from $126.0 million in Q4 2024, and up 6.65% on a QoQ basis from $126.0 million in Q4 2024.
Fortuna Mining (FSM) Invested Capital (2010 - 2025) Analysis & Trends
Fortuna Mining (FSM) has 16 years of Invested Capital data on file, last reported at $134.4 million in Q4 2025.
- Quarterly Invested Capital rose 6.65% year-over-year to $134.4 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $134.4 million (down 21.4% YoY) and the FY2025 annual result came in at $134.4 million, up 6.65% from the prior year.
- Invested Capital advanced to $134.4 million in Q4 2025, from $126.0 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $177.0 million in Q4 2022 to a low of $44.4 million in Q1 2024.
- A 5-year average of $108.4 million and a median of $119.9 million in 2021 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2021 — Invested Capital jumped 226.22% — and 2023, when it sank 67.57%.
- Tracing FSM's Invested Capital over 5 years: stood at $117.1 million in 2021, then surged by 51.19% to $177.0 million in 2022, then slumped by 67.57% to $57.4 million in 2023, then soared by 119.56% to $126.0 million in 2024, then gained by 6.65% to $134.4 million in 2025.
- The last three Invested Capital figures came in at $134.4 million (Q4 2025), $126.0 million (Q4 2024), and $45.0 million (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | - |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | - |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 15.00 Mn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 1.97 Bn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 1.57 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | 2.74 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 | - |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 2.39 Mn |
| 10 | Fortuna Mining | 3.66 Bn | 3.04 Bn | 183.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 134.41 Mn |
| Dec 31, 2024 | 126.03 Mn |
| Jun 30, 2024 | 44.98 Mn |
| Mar 31, 2024 | 44.44 Mn |
| Dec 31, 2023 | 57.40 Mn |
| Dec 31, 2022 | 177.02 Mn |
| Dec 31, 2021 | 117.08 Mn |
| Sep 30, 2021 | 143.01 Mn |
| Jun 30, 2021 | 119.91 Mn |
| Mar 31, 2021 | 119.89 Mn |
| Dec 31, 2020 | 119.85 Mn |
| Jun 30, 2020 | -95.00 Mn |
| Mar 31, 2020 | -150.00 Mn |
| Dec 31, 2019 | 109.43 Mn |
| Dec 31, 2018 | 69.30 Mn |
| Sep 30, 2018 | -40.00 Mn |
| Mar 31, 2018 | -40.00 Mn |
| Dec 31, 2017 | 39.87 Mn |
| Sep 30, 2017 | 39.85 Mn |
| Jun 30, 2017 | 39.82 Mn |