Yaramoko boasts a top-tier health and safety record, with no Lost Time Injury Incidents over the past 3.5 years and 9 million working hours. FSM currently has five operating mines: Caylloma Mine in Arequipa, Peru, Lindero Mine in Salta, Argentina, San Jose Mine in Oaxaca, Mexico, Yaramoko and Séguéla Gold Mine in Côte d'Ivoire. The Séguéla mine, the most recent addition, poured its first gold in May 2023. Fortuna Silver produced 89,678 ounces of gold in the first quarter, up 49% from the year-ago quarter wh ...

As of December 31, 2023, Yaramoko has a remaining mine life of two years with Proven and Probable Mineral Reserves of 0.9 Mt at a grade of 7.90 g/t Au and containing 219 koz Au, in addition to Measured and Indicated Mineral Resources, exclusive of Mineral Reserves, of 0.5 Mt at a grade of 2.87 g/t Au and containing 43 koz Au, and Inferred Mineral Resources, exclusive of Mineral Reserves, of 0.16 Mt at a grade of 3.52 g/t Au and containing 18 koz Au (refer to Fortuna news release dated February 15, 2024, "Fo ...

VANCOUVER, British Columbia, May 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX: FVI) (NYSE: FSM) is pleased to report that the Yaramoko Mine located in Burkina Faso reached the one- million-ounce gold pour milestone on May 19, 2024. Yaramoko started production on May 16, 2016 and Fortuna acquired the mine on July 2, 2021 (refer to Fortuna news release dated July 2, 2021). As of December 31, 2023, Yaramoko has a remaining mine life of two years with Proven and Probable Mineral Reserves of 0.9 M ...

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Company Overview - Fortuna Silver Mines (FSM) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Price Performance - FSM shares have increased by 13.51% over the past week, outperforming the Zacks Mining - Silver industry, which rose by 8.81% during the same period [6] - Over the last month, FSM's price change is 20.4%, significantly higher than the industry's 9.75% [6] - In the last quarter, FSM shares have surged by 99.63%, and over the past year, they have gained 60.18%, while the S&P 500 has only increased by 6.17% and 30.61%, respectively [7] Trading Volume - FSM's average 20-day trading volume is 6,550,689 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for FSM has been revised upward, while none have been revised downward, leading to an increase in the consensus estimate from -$0.12 to $0.08 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions noted [10] Conclusion - Considering the positive price momentum, trading volume, and favorable earnings outlook, FSM is positioned as a strong candidate for near-term investment opportunities [11]

Fortuna Silver's revenues increased 28% year over year to $225 million on higher gold sales volumes and prices. Gold equivalent production increased 19.6% year over year to 112,543 ounces. Fortuna Silver produced 89,678 ounces of gold, 49% higher than the year-ago quarter. Silver production plunged 32% to 1,074,571 ounces. The improvement in gold sales volume was mainly attributed to the contribution of Séguéla, which had been under construction in the last year's comparable quarter. This was partially offs ...

Q1 2024 Highlights | --- | --- | |----------------------------------------------------|-------| | | | | Q1 2024 Financial and Operational Results Webcast | | | | | | MAY 8, 2024 | | | NYSE: FSM \| TSX: FVI | | Lindero Mine, Argentina Q1 2024 Highlights Solid production and financial results See Appendix for Notes and non-IFRS measures | --- | --- | --- | --- | --- | |-------------------------------------------------------|-----------------------------------------------------|----------------------------|--- ...

(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the first quarter of 2024. First Quarter 2024 highlights Financial Attributable net income of $26.3 million or $0.09 per share, compared to a $92.3 million attributable net loss or $0.30 per share in Q4 2023Adjusted attribu ...

VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX:FVI) (NYSE:FSM) announced today that the Toronto Stock Exchange has approved the renewal of Fortuna's normal course issuer bid (the "NCIB") to purchase up to five percent of its outstanding common shares. Under the NCIB, purchases of common shares may be made through the Toronto Stock Exchange, the New York Stock Exchange and/or alternative Canadian trading systems. The share repurchase program starts on May 2, 20 ...