Fortuna Mining generates $90.8 million Q3 free cash flow
Key points
- Fortuna Mining (NYSE:FSM) generated $90.8 million in free cash flow from ongoing operations in Q3 2026, while sales increased 17% year over year to $293.4 million.
- Attributable net income from continuing operations fell 61% to $47.8 million, or $0.16 per basic share, as all-in sustaining costs reached $2,286 per gold-equivalent ounce.
- Fortuna maintained its annual production outlook, completed the $200 million Bambadji acquisition and advanced its Séguéla expansion and Diamba Sud development plans.
Fortuna Mining (NYSE:FSM) generated $90.8 million in free cash flow from ongoing operations in the third quarter of 2026, as sales increased 17% year over year to $293.4 million.
Attributable net income from continuing operations fell 61% to $47.8 million from the prior-year period, equivalent to $0.16 per basic share, while gold-equivalent production reached 69,665 ounces.
Cash and short-term investments totaled $443.3 million at September 30, 2026, down from $554 million at December 31, 2025, while the company reported total liquidity of $593.3 million and a net cash position of $259.9 million.
Fortuna operates three producing mines in West Africa and Latin America, with its portfolio including Séguéla in Côte d’Ivoire, Lindero in Argentina and Caylloma in Peru.
The company completed its $200 million Bambadji acquisition in Senegal, approved a $109 million Séguéla processing plant expansion and authorized up to $250 million in contractual commitments for Diamba Sud ahead of the expected Q4 2026 exploitation permit.
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