WallStSmart

Fortuna Silver Mines Inc (FSM)vsNewmont Goldcorp Corp (NEM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Newmont Goldcorp Corp generates 2181% more annual revenue ($24.97B vs $1.09B). NEM leads profitability with a 33.9% profit margin vs 31.1%. FSM trades at a lower P/E of 8.3x. FSM earns a higher WallStSmart Score of 79/100 (B+).

FSM

Strong Buy

79

out of 100

Grade: B+

Growth: 9.3Profit: 9.0Value: 8.3Quality: 8.5
Piotroski: 4/9Altman Z: 2.96

NEM

Strong Buy

78

out of 100

Grade: B+

Growth: 10.0Profit: 9.0Value: 4.0Quality: 8.5
Piotroski: 7/9Altman Z: 2.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FSMUndervalued (+61.4%)

Margin of Safety

+61.4%

Fair Value

$23.13

Current Price

$9.46

$13.66 discount

UndervaluedFair: $23.13Overvalued
NEMSignificantly Overvalued (-63.2%)

Margin of Safety

-63.2%

Fair Value

$60.39

Current Price

$108.35

$47.96 premium

UndervaluedFair: $60.39Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FSM6 strengths · Avg: 9.8/10
P/E RatioValuation
8.3x10/10

Attractively priced relative to earnings

Profit MarginProfitability
31.1%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
53.0%10/10

Strong operational efficiency at 53.0%

Revenue GrowthGrowth
75.6%10/10

Revenue surging 75.6% year-over-year

EPS GrowthGrowth
81.6%10/10

Earnings expanding 81.6% YoY

Debt/EquityHealth
0.129/10

Conservative balance sheet, low leverage

NEM6 strengths · Avg: 9.7/10
Profit MarginProfitability
33.9%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
61.4%10/10

Strong operational efficiency at 61.4%

Revenue GrowthGrowth
45.8%10/10

Revenue surging 45.8% year-over-year

EPS GrowthGrowth
78.6%10/10

Earnings expanding 78.6% YoY

Market CapQuality
$116.90B9/10

Large-cap with strong market position

Return on EquityProfitability
24.2%9/10

Every $100 of equity generates 24 in profit

Areas to Watch

FSM0 concerns · Avg: 0/10

No major concerns identified

NEM1 concerns · Avg: 2.0/10
PEG RatioValuation
2.782/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : FSM

The strongest argument for FSM centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 31.1% and operating margin at 53.0%. Revenue growth of 75.6% demonstrates continued momentum.

Bull Case : NEM

The strongest argument for NEM centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 33.9% and operating margin at 61.4%. Revenue growth of 45.8% demonstrates continued momentum.

Bear Case : FSM

No major red flags identified for FSM, but monitor valuation.

Bear Case : NEM

The primary concerns for NEM are PEG Ratio.

Key Dynamics to Monitor

FSM carries more volatility with a beta of 2.08 — expect wider price swings.

FSM is growing revenue faster at 75.6% — sustainability is the question.

NEM generates stronger free cash flow (3.1B), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

FSM scores higher overall (79/100 vs 78/100), backed by strong 31.1% margins and 75.6% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Fortuna Silver Mines Inc

BASIC MATERIALS · GOLD · USA

Fortuna Silver Mines Inc. is engaged in the exploration, extraction and processing of precious and base metal deposits in Latin America. The company is headquartered in Vancouver, Canada.

Newmont Goldcorp Corp

BASIC MATERIALS · GOLD · USA

Newmont Corporation, based in Greenwood Village, Colorado, United States, is one of the largest gold mining companies in the world.

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