Fortuna Mining Corp.
Fortuna Mining Corp. (NYSE: FSM) is trading at $11.33, about ₹1,088 at today's USD/INR rate, as of 30 Sep 2026, 11:11 AM ET, down 0.22% today. Indian residents can buy Fortuna Mining from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$11.28
Today's high
$11.45
52 week low
$7.69
52 week high
$13.85
FSM opened at $11.43, closed previously at $11.35, and has traded between $7.69 and $13.85 over the past 52 weeks.
About
Fortuna Silver Mines Inc. specializes in the procurement, prospecting, and mining of precious and base metals. The company conducts its operations across five countries: Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. Its portfolio comprises several key properties, such as the Caylloma mine in southern Peru, which produces silver, lead, and zinc; the San Jose silver and gold mine located in southern Mexico; Argentina's Lindero gold project; the Yaramoko gold mine in southwestern Burkina Faso; and the Séguéla gold mine, also found in southwestern Côte d'Ivoire. Founded in 1990, the firm initially operated under the name Fortuna Ventures Inc., before officially changing to Fortuna Silver Mines Inc. in June 2005. The company's headquarters are located in Vancouver, Canada.
Key statistics
Avg. volume
5.07M
Market cap
$3.43B
P/E Ratio
9.13
Price-to-sales ratio
2.90
Enterprise value
$2.72B
Free cash flow yield
9.78%
Debt-to-equity ratio
0.13
Return on equity
18.05%
ROIC
12.24%
Beta
2.12
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$960.06M
Earnings per share
$0.98
Free cash flow
$294.41M
Net profit margin
32.02%
Gross margin
57.12%
EBITDA
$628.84M
Revenue growth
-9.60%
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This is not an investment recommendation
How to buy Fortuna Mining from India
Indian residents can buy Fortuna Mining shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Fortuna Mining and place an order
Find Fortuna Mining by name or by its ticker, FSM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Fortuna Mining trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Fortuna Mining position in USD and INR. Fortuna Mining pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Fortuna Mining from India
Trading and taxes when buying Fortuna Mining from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneFortuna Mining does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Fortuna Mining stock?
Yes. Fortuna Mining (FSM) has been listed on the New York Stock Exchange since 2007, in the Gold industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Fortuna Mining share cost in rupees?
One Fortuna Mining share is $11.33 — about ₹1,088 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Fortuna Mining price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Fortuna Mining from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Fortuna Mining?
Yes. One Fortuna Mining share is $11.33, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Fortuna Mining.
How are gains on Fortuna Mining shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Fortuna Mining price. Paasa issues a capital-gains statement for your return.
Does Fortuna Mining pay a dividend?
No. Fortuna Mining does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Fortuna Mining from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is Fortuna Mining a United States company, and does that change how it is taxed?
Fortuna Mining trades on the New York Stock Exchange in US dollars, but the company is domiciled in Canada. Fortuna Mining trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Fortuna Mining shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Fortuna Mining holding, its cost and its closing value.
How do I sell Fortuna Mining and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.