WallStSmart

Fortuna Silver Mines Inc (FSM)vsTeck Resources Ltd Class B (TECK)

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Smart Verdict

WallStSmart Research — data-driven comparison

Teck Resources Ltd Class B generates 1034% more annual revenue ($12.41B vs $1.09B). FSM leads profitability with a 31.1% profit margin vs 14.9%. 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

TECK

Strong Buy

73

out of 100

Grade: B

Growth: 7.3Profit: 6.0Value: 4.3Quality: 7.5
Piotroski: 6/9Altman Z: 1.94
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

Intrinsic value data unavailable for TECK.

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

TECK4 strengths · Avg: 9.5/10
Operating MarginProfitability
39.8%10/10

Strong operational efficiency at 39.8%

Revenue GrowthGrowth
72.2%10/10

Revenue surging 72.2% year-over-year

EPS GrowthGrowth
128.8%10/10

Earnings expanding 128.8% YoY

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

FSM0 concerns · Avg: 0/10

No major concerns identified

TECK4 concerns · Avg: 3.3/10
P/E RatioValuation
25.9x4/10

Moderate valuation

Altman Z-ScoreHealth
1.944/10

Grey zone — moderate risk

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

PEG RatioValuation
4.932/10

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 : TECK

The strongest argument for TECK centers on Operating Margin, Revenue Growth, EPS Growth. Revenue growth of 72.2% demonstrates continued momentum.

Bear Case : FSM

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

Bear Case : TECK

The primary concerns for TECK are P/E Ratio, Altman Z-Score, Return on Equity.

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.

TECK generates stronger free cash flow (344M), providing more financial flexibility.

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

Bottom Line

FSM scores higher overall (79/100 vs 73/100), 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.

Teck Resources Ltd Class B

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

Teck Resources Limited is dedicated to exploring, acquiring, developing and producing natural resources in Asia, Europe and North America. The company is headquartered in Vancouver, Canada.

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