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The latest announcement is out from Fortuna Mining Corp ( (TSE:FVI) ).
Fortuna Mining Corp has significantly expanded the mineral reserves at its Séguéla Mine in Côte d’Ivoire to 1.54 million ounces of gold, a 31% increase from late 2025, driven largely by the first-time inclusion of 401,000 ounces slated for underground mining at the Sunbird deposit. The updated reserve base, totaling 16 million tonnes at an average grade of 3.01 g/t gold, extends the mine’s life to more than nine years at the current processing rate and is complemented by exploration results showing that mineralization remains open at several key deposits, underpinning further growth potential; concurrently, the company is advancing technical studies on a processing plant expansion that could lift throughput by about 25% to as much as 2.5 million tonnes per year, potentially boosting annual gold output above 200,000 ounces and reinforcing Séguéla’s role as a core long-life asset for Fortuna and its stakeholders.
The most recent analyst rating on (TSE:FVI) stock is a Buy with a C$16.50 price target. To see the full list of analyst forecasts on Fortuna Mining Corp stock, see the TSE:FVI Stock Forecast page.
Spark’s Take on TSE:FVI Stock
According to Spark, TipRanks’ AI Analyst, TSE:FVI is a Outperform.
Fortuna Mining Corp’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The company’s robust operational metrics and strategic growth initiatives further enhance its outlook. Technical analysis supports a positive trend, while valuation remains attractive.
To see Spark’s full report on TSE:FVI stock, click here.
More about Fortuna Mining Corp
Fortuna Mining Corp is a precious metals producer focused on gold mining, with operations including the Séguéla Mine in Côte d’Ivoire. The company targets sustained resource and reserve growth through open pit and underground development, supported by ongoing exploration drilling and potential processing plant expansions to increase production capacity and extend mine life.
YTD Price Performance: 7.73%
Average Trading Volume: 1,276,303
Technical Sentiment Signal: Buy
Current Market Cap: C$4.45B
See more data about FVI stock on TipRanks’ Stock Analysis page.