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Fortuna(FSM) - 2024 Q2 - Earnings Call Transcript
2024-08-08 22:32
Fortuna Mining Corp. (NYSE:FSM) Q2 2024 Earnings Conference Call August 8, 2024 12:00 PM ET Company Participants Carlos Baca - VP, IR Jorge Alberto Ganoza - President and CEO Luis Dario Ganoza - CFO Cesar Velasco - COO, Latin America David Whittle - COO, West Africa Conference Call Participants Adrian Pay - Adrian Pay Asset Management Tony Christ - Odyssey Investments Don DeMarco - National Bank Financial Operator Greetings. Welcome to the Fortuna Mining Corp. Q2 2024 Financial and Operational Results Call. ...
Fortuna reports financial results for the second quarter of 2024
Newsfilter· 2024-08-08 01:33
(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the second quarter of 2024. Second Quarter 2024 highlights Financial Attributable net income of $40.6 million or $0.13 per share, compared to a $26.3 million or $0.09 per share in Q1 2024 Adjusted attributable net income1 of ...
Fortuna reports financial results for the second quarter of 2024
GlobeNewswire News Room· 2024-08-08 01:33
(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the second quarter of 2024. Second Quarter 2024 highlights Financial Attributable net income of $40.6 million or $0.13 per share, compared to a $26.3 million or $0.09 per share in Q1 2024 Adjusted attributable net income1 of ...
Fortuna to release second quarter 2024 financial results on August 7, 2024; Conference call at 12 pm EDT on August 8, 2024
Newsfilter· 2024-07-23 09:00
VANCOUVER, British Columbia, July 23, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) announces that it will release its unaudited financial statements and MD&A for the second quarter on Wednesday, August 7, 2024, after the market closes. Shareholders, analysts, media and interested investors are invited to listen to the live conference call by logging onto the webcast at: https://www.webcaster4.com/Webcast/Page/1696/50903 or over the phone by dialing in just prior to the starting time. Da ...
Has Fortuna Mining Corp. (FSM) Outpaced Other Basic Materials Stocks This Year?
ZACKS· 2024-07-19 14:41
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Fortuna Silver Mines (FSM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-todate performance to find out. Fortuna Silver Mines is a member of the Basic Materials sector. This group includes 238 individual stocks and currently holds a Zacks Sector Rank ...
All You Need to Know About Fortuna (FSM) Rating Upgrade to Buy
ZACKS· 2024-07-18 17:02
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Most Powerful Force Impacting Stock Prices Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. ...
Fortuna Silver (FSM) Q2 Gold Equivalent Production Up 25% Y/Y
ZACKS· 2024-07-11 18:23
Fortuna Silver Mines Inc. (FSM) produced 116,570 gold equivalent ounces in the second quarter of 2024, which marked a 25% increase from the year-ago quarter. This includes a gold production of 92,716 ounces and a silver production of 990,574 ounces. Gold output marked a 44% year-over-year increase while silver production was down 22%. The San Jose mine in Mexico produced 684,176 ounces of silver and 5,269 ounces of gold. Silver production was down 26% year over year, whereas gold production declined 9%. The ...
Fortuna reports solid production of 116,570 gold equivalent ounces for the second quarter of 2024
Newsfilter· 2024-07-09 09:00
VANCOUVER, British Columbia, July 09, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) reports production results for the second quarter of 2024 from its five operating mines in West Africa and Latin America. Gold equivalent production of 116,570 ounces1; a 25 percent increase compared to Q2 2023 (93,454 oz Au Eq)2 and a 4 percent increase compared to Q1 2024 (112,543 oz Au Eq)3 Gold production of 92,716 ounces; a 44 percent increase over Q2 2023 (64,348 oz Au)2 and a 3 percent increase com ...
Fortuna reports solid production of 116,570 gold equivalent ounces for the second quarter of 2024
GlobeNewswire News Room· 2024-07-09 09:00
Production was mainly focused on the Antenna pit which produced 364,491 tonnes of ore to provide higher grade feed to the processing plant during the power supply issues detailed below. Mining at the Ancien and Koula pits provided the balance of ore production with 1,645,716 tonnes of the waste stripping occurring there. Processing During the second quarter of 2024, ore mined was 1.8 million tonnes, with a stripping ratio of 0.7:1. A total of 1.4 million tonnes of ore were placed on the leach pad at an aver ...
Fortuna Silver Mines (FSM) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-28 23:20
Fortuna Silver Mines (FSM) closed at $4.89 in the latest trading session, marking a +0.2% move from the prior day. This move outpaced the S&P 500's daily loss of 0.41%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 0.71%. Investors should also pay attention to any latest changes in analyst estimates for Fortuna Silver Mines. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence i ...