Fortuna Mining (FSM) vs Triple Flag Precious Metals (TFPM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Fortuna Mining (FSM) has outperformed Triple Flag Precious Metals (TFPM) over the past year, gaining 13.1% versus a loss of 1.0%. Triple Flag Precious Metals is the larger company by market cap ($6.31 billion vs $3.14 billion), about 2.0 times the size. On valuation, Fortuna Mining trades at a lower forward P/E (6.2x vs 20.2x for Triple Flag Precious Metals).
Triple Flag Precious Metals pays a dividend yielding 0.75%, while Fortuna Mining does not currently pay one. Triple Flag Precious Metals converts more of its revenue into profit, with a net margin of 61.7% versus 30.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FSM | TFPM |
|---|---|---|
| Share price | $10.61 | $30.62 |
| Market cap | $3.14B | $6.31B |
| 1-day change | +4.84% | +1.63% |
| YTD return | +8.15% | -7.83% |
| 1-year return | +13.11% | -0.97% |
| 5-year return | +130.65% | — |
| P/E ratio (TTM) | 9.07 | 15.39 |
| Forward P/E | 6.18 | 20.21 |
| EPS (TTM) | $1.17 | $1.99 |
| Dividend yield | 0.00% | 0.75% |
| Annual dividend | $0.00 | $0.23 |
| Revenue (latest FY) | $947.06M | $388.70M |
| Revenue growth (YoY) | +39.84% | +44.50% |
| Net income (latest FY) | $287.47M | $240.00M |
| Gross margin | 49.30% | 67.64% |
| Operating margin | 43.12% | 56.81% |
| Net margin | 30.35% | 61.74% |
| 52-week high | $13.85 | $41.70 |
| 52-week low | $7.69 | $26.61 |
| Distance from 52-week high | -23.39% | -26.57% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +36.66% | +29.00% |
| Average volume | 5.49M | 509.33K |
| Shares outstanding | 295.96M | 206.00M |
| Sector | Basic Materials | Industrials |
| Industry | Precious Metals | Precious Metals |
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
- Triple Flag Precious Metals is about 2.0 times larger than Fortuna Mining by market value ($6.31B vs $3.14B).
- FSM has outperformed TFPM by 14.1 percentage points over the past year.
- Triple Flag Precious Metals trades at a higher earnings multiple (15.4x vs 9.1x trailing P/E).
- Triple Flag Precious Metals is more profitable, keeping 61.7 cents of every revenue dollar as net income versus 30.4 cents for Fortuna Mining.
- The two companies sit in different sectors: Fortuna Mining in Basic Materials and Triple Flag Precious Metals in Industrials.
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 Triple Flag Precious Metals
TFPM stock →Triple Flag Precious Metals Corp., a precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. The company has a portfolio of streams and royalties providing exposure to copper, gold, silver, nickel, lead, lithium, and zinc.
Industrials · Precious Metals
FSM vs TFPM FAQ
Which is bigger, Fortuna Mining or Triple Flag Precious Metals?
Triple Flag Precious Metals (TFPM) is larger, with a market capitalization of $6.31B compared with $3.14B for Fortuna Mining (FSM).
Which stock has performed better over the past year, FSM or TFPM?
FSM returned +13.11% over the past 12 months, compared with -0.97% for TFPM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FSM or TFPM?
FSM has the lower trailing P/E at 9.1, versus 15.4 for TFPM. 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 Triple Flag Precious Metals?
Triple Flag Precious Metals pays a dividend yielding 0.75%, while Fortuna Mining does not currently pay a regular dividend.
Are Fortuna Mining and Triple Flag Precious Metals in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.