Fortuna MiningTSX:FVI +1.34%94 Interest Coverage is 30.17 as of Mar. 2026, which is 63% above its 10-year median of 18.46. GuruFocus rates TSX:FVI with a GF Score™ of 94/100 and a GF Value™ of C$8.99 (Significantly Overvalued). Among 1,317 Metals & Mining companies, Fortuna Mining ranks worse than 76.46% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Fortuna Mining's
Operating Income
for the
three
months ended in Mar. 2026 was C$250 Mil. Fortuna Mining's Interest Expense for the
three
months ended in Mar. 2026 was C$-8 Mil.
Fortuna Mining's interest coverage for the quarter that ended in Mar. 2026 was 30.17.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Fortuna Mining's Interest Coverage or its related term are showing as below:
TSX:FVI'
s Interest Coverage Range Over the Past 10 Years
Min: 4.76 Med: 18.46 Max: 36.1
Current: 16.34
TSX:FVI's Interest Coverage is ranked worse than 76.46% of 1317
companies
in the Metals & Mining industry
Industry Median: No Debt
vs TSX:FVI: 16.34
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Fortuna Mining Interest Coverage Related Terms
Fortuna Mining Interest Coverage Historical Data
* Premium members only.
The historical data trend for Fortuna Mining's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Gold subindustry, Fortuna Mining's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortuna Mining Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Fortuna Mining's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (TSX:FVI) has a Interest Coverage of 30.17 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fortuna Mining and its competitors. This is 63% above median its historical median of 18.46. Over the past decade, Fortuna Mining's Interest Coverage has ranged from 4.76 to 36.10. According to the industry distribution chart, Fortuna Mining ranks #1007 out of 1317 companies in the Metals & Mining industry, placing it in the top 76.5%.
Is Fortuna Mining's Interest Coverage too high?
Fortuna Mining's current Interest Coverage of 30.17 is 63% above median its 10-year median of 18.46. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 36.10. The Metals & Mining industry median Interest Coverage is 10,000.00. Fortuna Mining's value of 30.17 is 99.7% below this industry median. Based on the distribution chart, Fortuna Mining ranks #1007 out of 1317 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fortuna Mining has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #1007 out of 1317 companies for Interest Coverage. This places Fortuna Mining in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Fortuna Mining's value of 30.17 is 99.7% below this benchmark. Historically, Fortuna Mining's own Interest Coverage has ranged from 4.76 to 36.10 over the past decade. While the company's 10-year median is 18.46 vs. the industry median of 10,000.00, Fortuna Mining has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,317 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortuna Mining's current Interest Coverage of 30.17 is 99.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fortuna Mining and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Mining's current Interest Coverage is 30.17, which is 63% above median its own 10-year median of 18.46. 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 Significantly Overvalued. The stock's GF Value™ is C$8.99, compared to a current price of C$12.08 — trading 34.4% above its estimated fair value. The current Interest Coverage is 30.17, which is 63% above median its 10-year median of 18.46 and 99.7% below the Metals & Mining industry median of 10,000.00. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Fortuna Mining (TSX:FVI), the current Interest Coverage is 30.17 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$12.08 is trading 34.4% above its estimated GF Value™ of C$8.99.
GuruFocus considers Fortuna Mining to be Significantly Overvalued.
Key valuation signals for TSX:FVI:
Interest Coverage: 30.17 (63% above median its 10-year median of 18.46)
GF Value™: C$8.99 vs. price of C$12.08 (34.4% above fair value)
Industry Position: 99.7% below the Metals & Mining median (#1007 of 1317)
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 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
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