MetaCap

Fortuna Mining (FSM) vs OceanaGold (OGC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

OceanaGold (OGC) has outperformed Fortuna Mining (FSM) over the past year, gaining 16.1% versus a gain of 15.3%. Over five years, OGC leads with a +367.7% price change compared with +120.0% for FSM. OceanaGold is the larger company by market cap ($5.93 billion vs $3.14 billion), about 1.9 times the size.

On valuation, OceanaGold trades at a lower trailing P/E (7.1x vs 9.1x for Fortuna Mining). OceanaGold pays a dividend yielding 0.90%, while Fortuna Mining does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

FSM+15.26%OGC+16.11%
+93%+38%-16%
Oct 7, 20251 yearOct 7, 2026
FSM+143.86%OGC+405.36%
+753%+333%-86%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

FSM versus OGC key metrics
MetricFSMOGC
Share price$10.61$26.67
Market cap$3.14B$5.93B
1-day change+4.84%+1.10%
YTD return+3.16%-6.78%
1-year return+15.26%+16.11%
5-year return+120.00%+367.73%
P/E ratio (TTM)9.077.07
Forward P/E6.18—
EPS (TTM)$1.17$3.77
Dividend yield0.00%0.90%
Annual dividend$0.00$0.24
Revenue (latest FY)$947.06M—
Revenue growth (YoY)+39.84%—
Net income (latest FY)$287.47M—
Gross margin49.30%—
Operating margin43.12%—
Net margin30.35%—
52-week high$13.85$43.33
52-week low$7.69$20.18
Distance from 52-week high-23.39%-38.45%
Analyst consensusbuy—
Avg. price target upside+36.66%—
Average volume5.46M555.30K
Shares outstanding295.96M222.45M
SectorBasic MaterialsBasic Materials
IndustryPrecious MetalsGold

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Fortuna Mining trades at a higher earnings multiple (9.1x vs 7.1x trailing P/E).

About Fortuna Mining

FSM stock →

Fortuna Mining Corp. engages in the precious and base metal mining and related activities in Argentina, Côte d'Ivoire, Mexico, Peru, and Senegal.

Basic Materials · Precious Metals

About OceanaGold

OGC stock →

OceanaGold Corporation engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits.

Basic Materials · Gold

FSM vs OGC FAQ

Which is bigger, Fortuna Mining or OceanaGold?

OceanaGold (OGC) is larger, with a market capitalization of $5.93B compared with $3.14B for Fortuna Mining (FSM).

Which stock has performed better over the past year, FSM or OGC?

OGC returned +16.11% over the past 12 months, compared with +15.26% for FSM (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, FSM or OGC?

OGC has the lower trailing P/E at 7.1, versus 9.1 for FSM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Fortuna Mining or OceanaGold?

OceanaGold pays a dividend yielding 0.90%, while Fortuna Mining does not currently pay a regular dividend.

Are Fortuna Mining and OceanaGold in the same industry?

Both are in the Basic Materials sector, but in different industries: Precious Metals for Fortuna Mining and Gold for OceanaGold.

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