Valuing Fortuna Mining After New Resource Updates and Analyst Upgrade: Is the Market Overpricing Growth Potential?

Fortuna Mining's shares have surged 21.54% in one month and 108.95% year-to-date, driven by updates on Séguéla Mine and Diamba Sud Gold Project. However, the company's narrative fair value is $12.42, nearly 11% below the last close, suggesting the market may be overoptimistic. Analysts predict growth in revenue and cash flow, but persistent high production costs or regulatory delays could impact profitability.