Fortuna Silver (FSM) Q1 Earnings Top Estimates, Revenues Up Y/Y

Fortuna Silver's revenues increased 28% year over year to $225 million on higher gold sales volumes and prices. Gold equivalent production increased 19.6% year over year to 112,543 ounces. Fortuna Silver produced 89,678 ounces of gold, 49% higher than the year-ago quarter. Silver production plunged 32% to 1,074,571 ounces. The improvement in gold sales volume was mainly attributed to the contribution of Séguéla, which had been under construction in the last year's comparable quarter. This was partially offs ...