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Best Momentum Stocks to Buy for July 18th
ZACKS· 2025-07-18 15:00
Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: Fortuna Silver Mines Inc., Silvercorp Metals Inc., and Vizsla Silver Corp. [1][2][3] Company Summaries - **Fortuna Silver Mines Inc. (FSM)**: - Zacks Rank 1 - Current year earnings estimate increased by 11.4% over the last 60 days - Shares gained 51.1% in the last six months, outperforming the S&P 500's 4.5% increase - Momentum Score: A [1] - **Silvercorp Metals Inc. (SVM)**: - Zacks Rank 1 - Current year earnings estimate increased by 36.7% over the last 60 days - Shares gained 50% in the last six months, also outperforming the S&P 500's 4.5% increase - Momentum Score: A [2] - **Vizsla Silver Corp. (VZLA)**: - Zacks Rank 1 - Current year earnings estimate increased by 50% over the last 60 days - Shares gained 71.4% in the last six months, significantly outperforming the S&P 500's 4.5% increase - Momentum Score: B [3]
Fortuna (FSM) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-07-17 17:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging [1] Group 1: Company Overview - Fortuna Mining (FSM) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates in the silver and gold mining sector, which is currently experiencing significant growth opportunities [3] Group 2: Earnings Growth - Fortuna's historical EPS growth rate is 19.6%, but projected EPS growth for this year is expected to be 68.5%, significantly surpassing the industry average of 33.3% [5] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Fortuna is 31.4%, which is notably higher than the industry average of -2.1% [6] - Over the past 3-5 years, Fortuna has maintained an annualized cash flow growth rate of 38%, compared to the industry average of 6.8% [7] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Fortuna, with the Zacks Consensus Estimate for the current year increasing by 10.7% over the past month [9] - This trend in earnings estimate revisions is correlated with near-term stock price movements, indicating strong potential for future performance [8] Group 5: Investment Positioning - Fortuna has achieved a Zacks Rank of 2 (Buy) and a Growth Score of A, positioning it well for potential outperformance in the market [11]
Fortuna (FSM) Upgraded to Buy: Here's Why
ZACKS· 2025-07-17 17:01
Core Viewpoint - Fortuna Mining (FSM) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][4]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, particularly due to the actions of institutional investors who adjust their valuations based on these estimates [4][5]. Recent Performance and Outlook - Fortuna's earnings estimates have been on the rise, with a 22% increase in the Zacks Consensus Estimate over the past three months for the fiscal year ending December 2025, projected at $0.78 per share [8][10]. - The upgrade to Zacks Rank 2 places Fortuna in the top 20% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [7][9]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks based on earnings estimate revisions receive a "Strong Buy" or "Buy" rating [9][10].
Fortuna Mining (FSM) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-07-14 23:16
Fortuna Mining (FSM) ended the recent trading session at $6.58, demonstrating a -4.78% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.14%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.27%. Heading into today, shares of the silver and gold miner had gained 0.44% over the past month, lagging the Basic Materials sector's gain of 2.46% and the S&P 500's gain of 3.97%.Analysts and investors alike will be keeping a close eye ...
Fortuna Mining's Q2 Gold Equivalent Production Rises Sequentially
ZACKS· 2025-07-10 16:21
Core Insights - Fortuna Mining Corp. (FSM) produced 71,229 gold equivalent ounces (GEO) in Q2 2025, a 0.2% decrease year-over-year but a 1.2% increase from Q1 2025. Gold production was 61,736 ounces, reflecting a 10.2% year-over-year increase [1][8] Group 1: Mine Performance - FSM completed the sale of its San Jose and Yaramoko mines in April and May 2025, respectively, and currently operates three mines [2] - The Séguéla mine in Côte d'Ivoire produced 38,186 ounces of gold in Q2 2025, down 1% from the previous quarter, with an expected annual production range of 134,000-147,000 ounces for 2025 [2] - The Lindero mine in Argentina saw a gold production of 23,550 ounces in Q2, up 16% sequentially, with an annual guidance of 93,000-105,000 ounces for 2025 [3] - The Caylloma mine in Peru produced 240,621 ounces of silver in Q2, slightly lower than the previous quarter's 242,993 ounces, with GEO output of 9,493 ounces, down from 11,566 ounces in Q1 2024 [3] Group 2: Production Guidance and Costs - Following the sale of the Yaramoko mine, FSM updated its 2025 production guidance to 309,000-339,000 ounces of gold equivalent, down from the previous range of 380,000-422,000 ounces, indicating an 18% year-over-year dip at the midpoint [5][8] - The all-in sustaining cost for 2025 is now expected to be between $1,670 and $1,765 per GEO, an increase from the prior estimate of $1,550 to $1,680, primarily due to the exclusion of the Yaramoko mine's contribution [6] Group 3: Stock Performance - FSM shares have increased by 21.3% over the past year, contrasting with a 0.1% decline in the industry [7]
Fortuna delivers production of 71,229 gold equivalent ounces from ongoing operations for the second quarter of 2025
Globenewswire· 2025-07-09 09:00
Core Viewpoint - Fortuna Mining Corp. reported its production results for Q2 2025, highlighting a total consolidated gold equivalent ounces (GEO) production of 75,950 ounces, with ongoing operations contributing 71,229 ounces, and reaffirmed its annual production guidance for 2025 in the range of 309,000 to 339,000 GEO [1][3][4]. Production Highlights - Consolidated GEO production for the first half of 2025 totaled 179,409 ounces, including lead and zinc by-product credits [3]. - Ongoing operations in Q2 2025 produced 71,229 ounces of GEO, compared to 70,386 ounces in Q1 2025 [4]. - The Séguéla Mine in Côte d'Ivoire produced 38,186 ounces in Q2 2025, while Lindero Mine in Argentina produced 23,550 ounces, and Caylloma Mine in Peru produced 9,493 ounces [4][6]. Mine Performance - Séguéla Mine: - Q2 2025 production was 38,186 ounces with an average gold grade of 3.0 g/t, showing a slight decrease in ounces produced but an increase in grade compared to Q1 2025 [5][9]. - Year-to-date production reached 76,686 ounces, aligning with the upper end of annual guidance [10]. - Lindero Mine: - Produced 23,550 ounces in Q2 2025, a 16% increase from Q1 2025, driven by higher gold grade and more ore placed on the leach pad [15][16]. - Year-to-date production totaled 43,870 ounces [19]. - Caylloma Mine: - Produced 9,493 GEO in Q2 2025, maintaining consistent production levels with the previous quarter [20][22]. Divestitures - The sale of the Yaramoko Mine was completed in May 2025, with Q2 2025 production from this mine at 4,721 ounces [6][11]. - The divestiture of the San Jose Mine was completed in April 2025, and production from these divested operations is excluded from the current consolidated figures [6][7]. Operational Efficiency - Lindero Mine's photovoltaic plant generated 1 million kWh in June 2025, supplying 26% of its power demand and reducing diesel consumption by 286,300 liters, contributing to cost efficiency [17]. - The crushing plant capacity at Lindero was enhanced, achieving an average throughput of 1,050 tonnes per hour in Q2 2025, which is 11% above the 2024 average [18].
Fortuna delivers production of 71,229 gold equivalent ounces from ongoing operations for the second quarter of 2025
GlobeNewswire News Room· 2025-07-09 09:00
Core Viewpoint - Fortuna Mining Corp. reported its production results for Q2 2025, highlighting a total consolidated gold equivalent ounces (GEO) production of 75,950 ounces, with ongoing operations contributing 71,229 ounces, and reaffirmed its annual production guidance for 2025 in the range of 309,000 to 339,000 GEO [3][4][6]. Production Highlights - Total consolidated GEO production for the first half of 2025 reached 179,409 ounces, including by-product credits from lead and zinc [3]. - Ongoing operations produced 71,229 ounces in Q2 2025, slightly up from 70,386 ounces in Q1 2025 [4]. - The Séguéla Mine in Côte d'Ivoire produced 38,186 ounces of gold in Q2 2025, with a gold grade of 3.00 g/t, while Lindero Mine in Argentina produced 23,550 ounces, and Caylloma Mine in Peru produced 9,493 ounces of gold equivalent [4][11][18]. Mine-Specific Performance - **Séguéla Mine**: - Produced 38,186 ounces of gold in Q2 2025, with a slight decrease in production but an increase in grade compared to Q1 2025 [7]. - Year-to-date production reached 76,686 ounces, aligning with the upper end of annual guidance [8]. - **Yaramoko Mine**: - The mine was sold in May 2025, with Q2 production of 4,721 ounces, significantly down from 33,073 ounces in Q1 2025 [9][10]. - **Lindero Mine**: - Produced 23,550 ounces in Q2 2025, a 16% increase from Q1 2025, driven by higher gold grades and increased ore placement [13]. - Year-to-date production totaled 43,870 ounces [15]. - **Caylloma Mine**: - Produced 240,621 ounces of silver and 9,493 GEO in Q2 2025, maintaining consistent production levels [16][18]. Operational Efficiency - The Lindero Mine's photovoltaic plant generated 1 million kWh in June 2025, supplying 26% of its power demand and eliminating the need for 286,300 liters of diesel, contributing to cost efficiency and reduced emissions [14]. - The crushing plant capacity at Lindero was enhanced, achieving an average throughput of 1,050 tonnes per hour in Q2 2025, which is 11% above the 2024 average [15].
Fortuna Reports Voting Results of its 2025 Annual General Meeting of Shareholders
Globenewswire· 2025-06-26 23:51
Core Points - Fortuna Mining Corp. held its 2025 annual general meeting of shareholders, with 188,888,907 common shares represented, accounting for 61.54% of the total issued and outstanding shares [2] - Shareholders voted in favor of all business matters, including the appointment of auditors and the election of all director nominees listed in the Management Information Circular dated May 1, 2025 [2] Voting Results - Jorge A. Ganoza received 159,475,985 votes (99.48% for) with 831,198 votes withheld (0.52%) [2] - David Laing received 154,870,542 votes (96.61% for) with 5,436,641 votes withheld (3.39%) [2] - Mario Szotlender received 154,344,778 votes (96.28% for) with 5,962,405 votes withheld (3.72%) [2] - David Farrell received 148,807,290 votes (92.83% for) with 11,499,893 votes withheld (7.17%) [2] - Alfredo Sillau received 158,876,299 votes (99.11% for) with 1,430,884 votes withheld (0.89%) [2] - Kylie Dickson received 159,252,340 votes (99.34% for) with 1,054,844 votes withheld (0.66%) [2] - Kate Harcourt received 159,513,569 votes (99.50% for) with 793,615 votes withheld (0.50%) [2] - Salma Seetaroo received 159,228,957 votes (99.33% for) with 1,078,227 votes withheld (0.67%) [2] Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with operations in Argentina, Côte d'Ivoire, Mexico, and Peru, and exploration activities including the Diamba Sud Gold Project in Senegal [3] - The company focuses on sustainability, producing gold and silver while generating long-term shared value for stakeholders through efficient production, environmental protection, and social responsibility [3]
Fortuna Mining (FSM) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-06-26 23:16
Company Performance - Fortuna Mining (FSM) experienced a daily gain of +2.31%, closing at $6.63, outperforming the S&P 500's gain of 0.8% [1] - Prior to the recent trading session, Fortuna Mining shares had increased by 8.54%, surpassing the Basic Materials sector's gain of 2.02% and the S&P 500's gain of 5.12% [1] Earnings Estimates - For the fiscal year, Zacks Consensus Estimates project earnings of $0.7 per share and revenue of $0 million, reflecting a +52.17% change in earnings from the prior year, while revenue remains unchanged [2] - Recent changes to analyst estimates for Fortuna Mining indicate evolving short-term business trends, with positive revisions seen as a favorable sign for the business outlook [2] Stock Valuation - Fortuna Mining is currently trading at a Forward P/E ratio of 9.26, which is below the industry average Forward P/E of 18.06, indicating that Fortuna Mining is trading at a discount compared to its peers [5] - The Mining - Miscellaneous industry, which includes Fortuna Mining, has a Zacks Industry Rank of 156, placing it in the bottom 37% of over 250 industries [5] Zacks Rank System - Fortuna Mining holds a Zacks Rank of 3 (Hold), with the Zacks Rank system showing a strong track record of exceeding expectations, particularly with stocks rated 1 delivering an average annual return of +25% since 1988 [4]
Fortuna Mining (FSM) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-06-18 23:16
Company Performance - Fortuna Mining (FSM) closed at $6.75, reflecting a -2.17% change from the previous day, underperforming the S&P 500's daily loss of 0.03% [1] - Over the past month, FSM shares gained 21.69%, significantly outperforming the Basic Materials sector's gain of 3.05% and the S&P 500's gain of 0.6% [1] Earnings Expectations - Analysts expect Fortuna Mining to report earnings of $0.7 per share and revenue of $0 million for the full year, indicating a +52.17% change in earnings from last year [2] - There has been no change in the Zacks Consensus EPS estimate over the past month [5] Analyst Sentiment - Recent adjustments to analyst estimates for Fortuna Mining reflect near-term business trends, with positive revisions indicating optimism regarding the company's profitability [3] - Fortuna Mining currently holds a Zacks Rank of 2 (Buy), suggesting favorable analyst sentiment [5] Valuation Metrics - Fortuna Mining has a Forward P/E ratio of 9.86, which is a discount compared to its industry's Forward P/E of 20.12 [6] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 153, placing it in the bottom 38% of over 250 industries [6] Industry Performance - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]