Fortuna Mining (FSM) Q2 Earnings Miss, Revenues Surge Y/Y

Fortuna Mining Corp. (FSM) reported second-quarter 2024 earnings per share of 13 cents, which missed the Zacks Consensus Estimate of 16 cents. The figure, however, marked a substantial improvement from the yearago quarter's earnings per share of 1 cent, driven by higher gold sales volume, and gold and silver prices. After adjusting for non-cash and non-recurring items, adjusted attributable net income was $30.4 million compared with $2.5 million in the year-ago quarter. Fortuna Mining's revenues surged 64% ...