WallStSmart

Barrick Mining Corporation (B)vsFortuna Silver Mines Inc (FSM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Barrick Mining Corporation generates 1690% more annual revenue ($16.96B vs $947.06M). FSM leads profitability with a 30.3% profit margin vs 29.4%. FSM trades at a lower P/E of 11.2x. B earns a higher WallStSmart Score of 81/100 (A-).

B

Exceptional Buy

81

out of 100

Grade: A-

Growth: 9.3Profit: 9.0Value: 10.0Quality: 8.5
Piotroski: 7/9Altman Z: 2.38

FSM

Strong Buy

77

out of 100

Grade: B+

Growth: 8.0Profit: 9.0Value: 8.3Quality: 7.3
Piotroski: 5/9Altman Z: 2.66
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BUndervalued (+65.3%)

Margin of Safety

+65.3%

Fair Value

$137.12

Current Price

$37.69

$99.43 discount

UndervaluedFair: $137.12Overvalued
FSMUndervalued (+71.3%)

Margin of Safety

+71.3%

Fair Value

$39.78

Current Price

$9.52

$30.26 discount

UndervaluedFair: $39.78Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

B6 strengths · Avg: 9.5/10
Operating MarginProfitability
52.6%10/10

Strong operational efficiency at 52.6%

Revenue GrowthGrowth
64.5%10/10

Revenue surging 64.5% year-over-year

EPS GrowthGrowth
150.0%10/10

Earnings expanding 150.0% YoY

Market CapQuality
$62.59B9/10

Large-cap with strong market position

Return on EquityProfitability
20.7%9/10

Every $100 of equity generates 21 in profit

Profit MarginProfitability
29.4%9/10

Keeps 29 of every $100 in revenue as profit

FSM5 strengths · Avg: 9.6/10
P/E RatioValuation
11.2x10/10

Attractively priced relative to earnings

Profit MarginProfitability
30.3%10/10

Keeps 30 of every $100 in revenue as profit

Operating MarginProfitability
43.4%10/10

Strong operational efficiency at 43.4%

Revenue GrowthGrowth
38.4%10/10

Revenue surging 38.4% year-over-year

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

B1 concerns · Avg: 4.0/10
PEG RatioValuation
2.044/10

Expensive relative to growth rate

FSM0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : B

The strongest argument for B centers on Operating Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 29.4% and operating margin at 52.6%. Revenue growth of 64.5% demonstrates continued momentum.

Bull Case : FSM

The strongest argument for FSM centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 30.3% and operating margin at 43.4%. Revenue growth of 38.4% demonstrates continued momentum.

Bear Case : B

The primary concerns for B are PEG Ratio.

Bear Case : FSM

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

Key Dynamics to Monitor

FSM carries more volatility with a beta of 1.99 — expect wider price swings.

B is growing revenue faster at 64.5% — sustainability is the question.

B generates stronger free cash flow (1.4B), providing more financial flexibility.

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

Bottom Line

B scores higher overall (81/100 vs 77/100), backed by strong 29.4% margins and 64.5% revenue growth. FSM offers better value entry with a 71.3% margin of safety. Both earn "Exceptional 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.

Barrick Mining Corporation

BASIC MATERIALS · GOLD · USA

Barnes Group Inc. provides engineering products, industrial technologies, and solutions in the United States and internationally. The company is headquartered in Bristol, Connecticut.

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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.

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