Head-To-Head Contrast: Fortuna Mining (NYSE:FSM) & MAC Copper (NYSE:MTAL)

MAC Copper (NYSE:MTAL) and Fortuna Mining (NYSE:FSM) are both basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, risk, profitability and valuation.

Institutional and Insider Ownership

87.5% of MAC Copper shares are owned by institutional investors. Comparatively, 33.8% of Fortuna Mining shares are owned by institutional investors. 1.8% of MAC Copper shares are owned by company insiders. Comparatively, 1.0% of Fortuna Mining shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and target prices for MAC Copper and Fortuna Mining, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MAC Copper	0	3	0	0	2.00
Fortuna Mining	2	3	0	0	1.60

MAC Copper presently has a consensus price target of $12.63, suggesting a potential upside of 4.43%. Fortuna Mining has a consensus price target of $7.00, suggesting a potential upside of 5.58%. Given Fortuna Mining’s higher possible upside, analysts clearly believe Fortuna Mining is more favorable than MAC Copper.

Valuation and Earnings

This table compares MAC Copper and Fortuna Mining”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
MAC Copper	$340.74 million	2.93	-$81.69 million	N/A	N/A
Fortuna Mining	$1.06 billion	1.92	$128.74 million	$0.51	13.00

Fortuna Mining has higher revenue and earnings than MAC Copper.

Risk & Volatility

MAC Copper has a beta of 0.38, indicating that its stock price is 62% less volatile than the S&P 500. Comparatively, Fortuna Mining has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.

Profitability

This table compares MAC Copper and Fortuna Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MAC Copper	N/A	N/A	N/A
Fortuna Mining	14.28%	12.94%	9.02%

Summary

Fortuna Mining beats MAC Copper on 7 of the 11 factors compared between the two stocks.

About MAC Copper

Metals Acquisition Limited focuses on mining and production of copper and silver. It operates the CSA copper mine in Cobar, Australia. The company was incorporated in 2022 and is headquartered in Saint Helier, Jersey.

About Fortuna Mining

Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.