Fortuna(FSM)

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Fortuna Silver Mines' Future Looks Bright
Seeking Alpha· 2024-04-11 02:40
Diy13/iStock via Getty Images The Green Dream is alive and well as the push to achieve Carbon Zero continues to dominate the air waves as a front-runner for environmental issues. Part of the solution for a cleaner environment is the switch to Electric Vehicles, the installation of solar panels etc. Along with a myriad of industrial uses such as photography, medicine, water purification and jewelry, the demand for silver is rising, which in turn puts pressure of silver prices. There is also the possibili ...
Fortuna Silver (FSM) Q1 Gold Equivalent Production Rises 20% Y/Y
Zacks Investment Research· 2024-04-09 16:01
Fortuna Silver Mines Inc. (FSM) produced 112,543 gold equivalent ounces in the first quarter of 2024, which marked a 20% increase from the year-ago quarter. This includes a gold production of 89,678 ounces and a silver production of 1.1 million ounces. Gold output marked a 49% year-over-year increase, while silver production was down 32%.Mine Performances in Q1FSM currently has five operating mines in its portfolio. The Séguéla mine, located in Côte d´Ivoire, contributed 34,556 ounces of gold in the first ...
Fortuna Silver (FSM) Hits 52-Week High: What's Driving It?
Zacks Investment Research· 2024-04-08 13:02
Shares of Fortuna Silver Mines Inc. (FSM) scaled a new 52-week high of $4.76 on Apr 5, before closing the session a tad lower at $4.71. The company’s share price boosted as gold prices hit record levels due to multiple factors like U.S. interest rate cut bets, geopolitical tensons, speculative buying and central bank purchases.FSM has a market capitalization of $1.44 billion and carries a Zacks Rank #3 (Hold) at present.Shares of Fortuna Silver have risen 31.9% in the past three months compared with the ind ...
Fortuna reports strong gold equivalent production of 112,543 ounces in the first quarter of 2024
Newsfilter· 2024-04-08 09:00
VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) reports strong gold and gold equivalent production for the first quarter of 2024 from its five operating mines in West Africa and Latin America. Gold and silver production for the quarter was 89,678 ounces and 1.1 million ounces, respectively, or 112,543 gold equivalent ounces1, including lead and zinc by-products. Fortuna reiterates its 2024 annual production guidance range of 343 to 385 thousand ...
Fortuna to present at the Gold Forum Europe 2024 in Zürich, Switzerland
Globenewswire· 2024-03-25 09:00
VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that it will be attending Gold Forum Europe 2024, which is being held at the Park Hyatt in Zürich, Switzerland, from April 8 to 10, 2024. Jorge A. Ganoza, President, Chief Executive Officer, and co-founder of Fortuna, will be presenting on Tuesday, April 9 at 2:30 p.m. Central European Time in Ballroom 3. About Gold Forum Europe Gold Forum Europe is Europe’s only independen ...
Fortuna to present at the Gold Forum Europe 2024 in Zürich, Switzerland
Newsfilter· 2024-03-25 09:00
VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) is pleased to announce that it will be attending Gold Forum Europe 2024, which is being held at the Park Hyatt in Zürich, Switzerland, from April 8 to 10, 2024. Jorge A. Ganoza, President, Chief Executive Officer, and co-founder of Fortuna, will be presenting on Tuesday, April 9 at 2:30 p.m. Central European Time in Ballroom 3. About Gold Forum Europe Gold Forum Europe is Europe's only independent ...
‘The growth is in West Africa' - Fortuna Silver Mines CEO Jorge Ganoza
KITCO· 2024-03-12 20:51
(Kitco News) - The Séguéla mine in Côte d’Ivoire and the recently acquired Diamba Sud gold project in Senegal are “the two high-value opportunities,” says Jorge Ganoza, president & CEO of Fortuna Silver Mines (TSX:FVI).In February Ganoza spoke to Kitco Mining at the 33rd BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida.The Canadian-listed precious metals company has mines in Côte d’Ivoire, Burkina Faso, Mexico, Argentina and Peru. In 2021 Fortuna expanded from Latin America int ...
Fortuna Silver (FSM) Q4 Earnings Miss, Revenues Rise Y/Y
Zacks Investment Research· 2024-03-08 15:10
Fortuna Silver Mines Inc. (FSM) reported fourth-quarter 2023 adjusted earnings per share of 7 cents, which missed the Zacks Consensus Estimate of 8 cents. The bottom line marked a solid 250% improvement year over year. Results were aided by higher gold sales volume and improved gold prices.Including the impact of impairment charges and other non-recurring items, Fortuna Silver reported a loss of 30 cents per share in the fourth quarter. The company had reported a loss of 52 cents per share in the fourth qua ...
Fortuna Reports Results for the Fourth Quarter and Full Year 2023
Newsfilter· 2024-03-07 04:04
(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the fourth quarter and full year 2023. Fourth Quarter and Full Year 2023 highlights Financial Attributable net loss for the quarter of $92.3 million or $0.30 per share after non-cash impairment charges of $90.6 million in Q4 ...
Fortuna(FSM) - 2024 Q1 - Quarterly Report
2024-03-06 16:00
CONSOLIDATED FINANCIAL STATEMENTS For the years ended December 31, 2023 and 2022 MANAGEMENT'S RESPONSIBILITY FOR THE FINANCIAL STATEMENTS Management of Fortuna Silver Mines Inc. (the "Company") ("we", "us" or "our") have prepared the consolidated financial statements in accordance with International Financial Reporting Standards ("IFRS") and the accompanying Management's Discussion and Analysis ("MD&A") and are responsible for their content. The financial information presented in the MD&A is consistent with ...