Fortuna Mining Reports Promising Drilling Results at Diamba Sud Project

The latest announcement is out from Fortuna Mining Corp ( (TSE:FVI) ).

Fortuna Mining Corp has announced significant exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project in Senegal. The results include high-grade intersections, such as 1.7 g/t gold over 29.6 meters and 2.0 g/t gold over 20.0 meters, indicating an expansion of mineralization. These findings are expected to contribute to an updated resource estimate in early 2026, further supporting the project’s progression towards a feasibility study and potential construction decision by the second quarter of 2026.

The most recent analyst rating on (TSE:FVI) stock is a Buy with a C$14.50 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 company operating in the mining industry, focusing on exploration and development of mineral resources. Their primary product is gold, and they are actively engaged in advancing their Diamba Sud Gold Project in Senegal, which is currently at the PEA-stage with plans to move towards a feasibility study.

YTD Price Performance: 94.39%

Average Trading Volume: 1,506,097

Technical Sentiment Signal: Buy

Current Market Cap: C$3.93B

For detailed information about FVI stock, go to TipRanks’ Stock Analysis page.