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

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 ...