Fortuna Mining's Gold Equivalent Production Slips 8% Y/Y in Q1

Core Viewpoint - Fortuna Silver Mines Inc. reported a decrease in gold equivalent production in Q1 2025, while gold production showed a slight increase year-over-year [1]. Group 1: Production Performance - Fortuna Silver produced 103,459 gold equivalent ounces in Q1 2025, an 8.1% decrease from the same quarter last year, with gold production at 91,893 ounces, reflecting a 2.5% year-over-year increase [1]. - The Séguéla mine in Côte d'Ivoire contributed 38,500 ounces of gold in Q1 2025, with an expected annual production range of 134,000-147,000 ounces for 2025 [2]. - The Yaramoko Mine in Burkina Faso produced 33,073 ounces of gold, a 12% sequential increase, with expected production between 107,000 and 121,000 ounces for 2025 [3]. - The Lindero mine in Argentina saw a decline in Q1 gold production to 20,320 ounces, down 24% sequentially, with an annual guidance of 93,000-105,000 ounces for 2025 [3]. - The Caylloma mine in Peru produced 242,993 ounces of silver in Q1, with gold output at 11,566 ounces, both lower than the previous quarter [4]. Group 2: Future Guidance - Fortuna Silver anticipates lower production in 2025 due to the expected sale of the San Jose Mine, with gold production guidance set at 334,000-373,000 ounces and silver production guidance at 0.9-1 million ounces [5]. Group 3: Stock Performance - Fortuna Silver's shares have increased by 35.1% over the past year, contrasting with an 18.1% decline in the industry [6].