Head-To-Head Comparison: Almonty Industries (NASDAQ:ALM) versus Fortuna Mining (NYSE:FSM)
by Sarita Garza · The Markets DailyAlmonty Industries (NASDAQ:ALM – Get Free Report) and Fortuna Mining (NYSE:FSM – Get Free Report) are both mid-cap materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, dividends, analyst recommendations, earnings, profitability and risk.
Institutional and Insider Ownership
33.8% of Fortuna Mining shares are owned by institutional investors. 1.0% of Fortuna Mining shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Earnings & Valuation
This table compares Almonty Industries and Fortuna Mining”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Almonty Industries | $85.80 million | 46.07 | -$115.88 million | $0.16 | 85.75 |
| Fortuna Mining | $947.06 million | 3.65 | $287.47 million | $1.18 | 9.91 |
Fortuna Mining has higher revenue and earnings than Almonty Industries. Fortuna Mining is trading at a lower price-to-earnings ratio than Almonty Industries, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Almonty Industries has a beta of 3.75, indicating that its stock price is 275% more volatile than the S&P 500. Comparatively, Fortuna Mining has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500.
Profitability
This table compares Almonty Industries and Fortuna Mining’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Almonty Industries | 125.89% | 9.19% | 3.97% |
| Fortuna Mining | 31.99% | 17.48% | 12.88% |
Analyst Ratings
This is a breakdown of current recommendations for Almonty Industries and Fortuna Mining, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Almonty Industries | 0 | 2 | 5 | 1 | 2.88 |
| Fortuna Mining | 0 | 1 | 4 | 0 | 2.80 |
Almonty Industries presently has a consensus price target of $24.21, suggesting a potential upside of 76.45%. Fortuna Mining has a consensus price target of $14.00, suggesting a potential upside of 19.71%. Given Almonty Industries’ stronger consensus rating and higher possible upside, research analysts plainly believe Almonty Industries is more favorable than Fortuna Mining.
Summary
Almonty Industries beats Fortuna Mining on 8 of the 15 factors compared between the two stocks.
About Almonty Industries
Almonty Industries Inc. is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc. is based in TORONTO.
About Fortuna Mining
Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.