Fortuna Mining (TSX:FVI) Beginning Cash Position: C$473 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:FVI Fortuna Mining Corp TSX:FVI
94 GF Score
Price C$12.09
GF Value C$9.49
Valuation Modestly Overvalued
View Full Analysis

What is Fortuna Mining Beginning Cash Position?

Fortuna Mining TSX:FVI +2.20% 94 Beginning Cash Position is C$473 Mil as of Mar. 2026. GuruFocus rates TSX:FVI with a GF Score™ of 94/100 and a GF Value™ of C$9.49 (Modestly Overvalued).

Fortuna Mining's Beginning Cash Position for the quarter that ended in Mar. 2026 was C$473 Mil.

Fortuna Mining's quarterly Beginning Cash Position increased from Sep. 2025 (C$524 Mil) to Dec. 2025 (C$702 Mil) but then declined from Dec. 2025 (C$702 Mil) to Mar. 2026 (C$473 Mil).

Fortuna Mining's annual Beginning Cash Position increased from Dec. 2023 (C$108 Mil) to Dec. 2024 (C$302 Mil) and increased from Dec. 2024 (C$302 Mil) to Dec. 2025 (C$417 Mil).

Fortuna Mining Beginning Cash Position Related Terms

Fortuna Mining Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Fortuna Mining's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortuna Mining Beginning Cash Position Chart

Fortuna Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.83 145.49 107.99 301.55 416.77

Fortuna Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 256.04 421.10 523.51 702.25 472.60
TSX:FVI
94GF Score
Fortuna Mining Corp TSX:FVI
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortuna Mining Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of C$473 Mil mean?
Fortuna Mining (TSX:FVI) has a Beginning Cash Position of C$473 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fortuna Mining and its competitors.
Is Fortuna Mining's Beginning Cash Position too high?
Fortuna Mining's current Beginning Cash Position is C$473 Mil. Overall, Fortuna Mining has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Beginning Cash Position compare to NEM and AU?
Fortuna Mining's Beginning Cash Position of C$473 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Fortuna Mining and its competitors. Fortuna Mining's current Beginning Cash Position is C$473 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (TSX:FVI) is currently considered Modestly Overvalued. The stock's GF Value™ is C$9.49, compared to a current price of C$12.09 — trading 27.4% above its estimated fair value. The current Beginning Cash Position is C$473 Mil. Fortuna Mining's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Fortuna Mining (TSX:FVI), the current Beginning Cash Position is C$473 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortuna Mining (TSX:FVI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of C$12.09 is trading 27.4% above its estimated GF Value™ of C$9.49. GuruFocus considers Fortuna Mining to be Modestly Overvalued.

Key valuation signals for TSX:FVI:

  • Beginning Cash Position: C$473 Mil
  • GF Value™: C$9.49 vs. price of C$12.09 (27.4% above fair value)
  • GF Score™: 94/100

No single metric tells the full story. See the TSX:FVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortuna Mining Business Description

Address 1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
94GF Score

Get the complete analysis for TSX:FVI

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$12.09
Price
C$9.49
GF Value