Fortuna Mining Corp. FSM NYSE

Fortuna Mining Corp. (FSM) generated $475.53M in operating cash flow for fiscal year 2025. After capital expenditures of $181.12M, free cash flow was $294.41M.

Free cash flow margin was 30.7% of revenue. Cash conversion ratio was 1.76x, indicating earnings are backed by cash.

The company returned $10.45M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (63/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (100/100) — Cash conversion ratio was 1.76x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 79/100 with 5/7 criteria passed.