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Fortuna's Yaramoko Mine reaches one-million-ounce gold pour milestone
globenewswire.com· 2024-05-22 09:00
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 ...
Fortuna's Yaramoko Mine reaches one-million-ounce gold pour milestone
Newsfilter· 2024-05-22 09:00
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 ...
Is Fortuna (FSM) a Solid Growth Stock? 3 Reasons to Think "Yes"
zacks.com· 2024-05-21 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...
The 3 Best Stocks Under $10 to Buy for 3X Returns by 2028
investorplace.com· 2024-05-20 17:51
The allure of the best stocks under $10 to buy in 2024 is undeniable. While embarking on this journey is a worthwhile endeavor, it is important to understand what this means. If you're a beginner investor, cheap stocks can be considered companies with a relatively low share price. However, it is important to know that this could not be further from the truth. Investors must make a clear distinction between market capitalization and share price before making any investment decisions. While investing in these ...
Fortuna Silver Mines (FSM) Is Up 13.51% in One Week: What You Should Know
zacks.com· 2024-05-17 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...
Fortuna Silver (FSM) Q1 Earnings Top Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-05-13 16:10
Fortuna Silver Mines Inc. (FSM) reported first-quarter 2024 adjusted earnings per share of 9 cents, which beat the Zacks Consensus Estimate of 3 cents by a solid margin of 200%. The bottom line also marked an 80% improvement year over year. Results were aided by higher gold sales volume and improved gold prices.Including one-time items, Fortuna Silver reported earnings of 4 cents per share in the first quarter of 2023.Fortuna Silver’s revenues increased 28% year over year to $225 million on higher gold sale ...
Fortuna(FSM) - 2024 Q1 - Earnings Call Presentation
2024-05-08 20:51
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 | --- | --- | --- | --- | --- | |-------------------------------------------------------|-----------------------------------------------------|----------------------------|--- ...
Fortuna(FSM) - 2024 Q1 - Earnings Call Transcript
2024-05-08 20:45
Company Participants Operator Conference Call Participants Greetings and welcome to the First Quarter 2024 Financial and Operational Results Call for Fortuna Silver. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to your host, Mr. Carlos Baca, Vice President of Investor Relations. Sir, you may begin. Hosting the call today on behalf of the company will be Jorge Alberto Ganoza, President and Chief Executive Officer; Luis Dario Ganoza, Chief Financia ...
Fortuna reports financial results for the first quarter of 2024
Newsfilter· 2024-05-08 02:11
(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 ...
Fortuna renews share repurchase program
Newsfilter· 2024-04-30 09:00
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 ...