Fortuna Silver Mines Inc.
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Jim Cramer Recommends Agnico Eagle Over Fortuna Mining
Yahoo Finance· 2026-02-28 17:20
Company Overview - Fortuna Mining Corp. (NYSE:FSM) focuses on the extraction of gold, silver, and other metals, with several active mining projects [2] Financial Performance - The company reported Q4 and full-year 2025 results on February 8, posting Q4 non-GAAP EPS of $0.23, in line with forecasts [2] - Revenue increased by 38.4% year-over-year, reaching $270.2 million [2] - Quarterly free cash flow was reported at $132.3 million, with annual free cash flow totaling $330 million [2] - Fortuna Mining Corp. returned $16.2 million to shareholders in 2025 through share buybacks [2] Market Commentary - Jim Cramer discussed Fortuna Mining Corp. in a recent segment, indicating that while mining stocks generally perform well, investors may consider alternatives like Agnico Eagle during tougher market conditions [1]
美股异动 | 黄金、白银股盘前拉升 First Majestic Silver(AG.US)涨超3%
智通财经网· 2026-02-25 14:28
Core Viewpoint - The article highlights a significant increase in the prices of gold and silver, with notable gains in related mining stocks, indicating a positive trend in the precious metals market [1]. Group 1: Precious Metals Performance - Spot gold rose by 0.76%, reaching $5,184.5 [1] - Spot silver increased by over 4%, reaching $90.77 [1] Group 2: Mining Stocks Movement - Barrick Mining (B.US) saw an increase of over 1.2% [1] - Newmont Corporation (NEM.US) rose by 0.92% [1] - Agnico Eagle Mines (AEM.US) increased by over 1% [1] - First Majestic Silver (AG.US) surged by over 3% [1] - Fortuna Silver Mines (FSM.US) rose by over 2% [1] - Pan American Silver (PAAS.US) increased by nearly 2% [1]
Fortuna intersects 6.0 g/t gold over 24.1 meters at Southern Arc, Diamba Sud Project, Senegal
Globenewswire· 2026-02-25 10:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refe ...
Fortuna intersects 6.0 g/t gold over 24.1 meters at Southern Arc, Diamba Sud Project, Senegal
Globenewswire· 2026-02-25 10:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refe ...
Fortuna Mining (FSM) Climbs 12.6% on Higher Gold Resource
Yahoo Finance· 2026-02-21 16:14
Core Viewpoint - Fortuna Mining Corp. has demonstrated strong financial performance and increased gold resource estimates, leading to a significant rise in stock price and positive investor sentiment [1][4]. Financial Performance - Net income for Fortuna Mining soared by 119% to $311.6 million in 2024, up from $141.9 million [2]. - Revenues increased by 40% to $947 million, compared to $677 million in the previous year [2]. - In Q4, net income reached $74 million, a 391% increase from $15.08 million year-on-year [3]. - Sales in Q4 rose by 38% to $270 million, up from $195 million [3]. Production and Resource Estimates - Gold production totaled 152,426 ounces, marking an 11% year-on-year increase and exceeding the upper end of the annual guidance range [3]. - Fortuna Mining raised its gold resource estimate for the Diamba Sud Gold Project by 73% to 1.25 million ounces, indicating strong production prospects [4].
美股异动 | 黄金、白银股涨跌不一 Fortuna Silver Mines(FSM.US)涨超4.6%
智通财经网· 2026-02-20 14:50
Core Viewpoint - The prices of spot gold and silver have increased significantly, with gold rising over 1% to $5050.83 and silver rising over 3% to $81.1, indicating a positive trend in precious metals [1] Group 1: Precious Metals Market - Spot gold has increased by more than 1%, reaching $5050.83 [1] - Spot silver has increased by more than 3%, reaching $81.1 [1] Group 2: Mining Stocks Performance - Barrick Mining (B.US) has slightly decreased by 0.46% [1] - Newmont Corporation (NEM.US) has dropped by over 1% [1] - Agnico Eagle Mines (AEM.US) has increased by over 1.6% [1] - First Majestic Silver (AG.US) has risen by over 2.4% [1] - Fortuna Silver Mines (FSM.US) has increased by over 4.6% [1] - Pan American Silver (PAAS.US) has risen by over 1.8% [1]
Fortuna Reports Results for the Fourth Quarter and Full Year 2025
Globenewswire· 2026-02-19 03:43
Core Insights - Fortuna Mining Corp. reported record free cash flow of $132.3 million for Q4 2025 and $330.0 million for the full year, achieving its operational plan and production guidance [1][8] - The company streamlined its portfolio by divesting non-core assets and is positioned for growth at Diamba Sud and the Séguéla plant expansion, supported by a strong balance sheet with $704 million in liquidity and $381 million in net cash [2][8] Financial Performance - The company achieved sales of $270.2 million in Q4 2025, a 40% increase from $195.2 million in Q4 2024, and $947.1 million for the full year, up from $677.2 million [11][60] - Attributable net income from continuing operations was $68.1 million or $0.22 per share for Q4 2025, compared to $14.7 million or $0.05 per share in Q4 2024, reflecting a 219% increase [11][26] - Adjusted attributable net income for Q4 2025 was $71.3 million or $0.23 per share, up from $19.4 million or $0.06 per share in Q4 2024, driven by higher realized gold prices [11][27] Operational Highlights - Gold equivalent production was 65,130 ounces in Q4 2025, with total production for the year reaching 317,001 GEOs, meeting annual guidance [9][11] - Consolidated cash cost per GEO was $971 for Q4 2025, a 9% increase from $918 in Q4 2024, while all-in sustaining costs (AISC) rose to $2,054 per GEO, an 18% increase from $1,842 in Q4 2024 [11][24][25] - The total recordable injury frequency rate for the year was 0.74, indicating strong safety performance with zero lost time injuries in Q4 [9] Growth and Development - The company expanded mineral reserves at the Séguéla mine by 31%, extending the mine life to over 9 years, and commissioned a feasibility study to increase plant throughput by 15 to 40% [12] - Approximately $67 million has been allocated to advance early works at the Diamba Sud Gold Project, with a construction decision targeted for mid-2026 [12] Cash Flow and Capital Expenditures - Net cash provided by operating activities for Q4 2025 was $162.3 million, up from $99.2 million in Q4 2024, driven by higher sales and favorable changes in working capital [22][30] - Free cash flow from ongoing operations in Q4 2025 was $132.3 million, a significant increase from $51.1 million in Q4 2024, reflecting higher cash from operating activities and reduced sustaining capital expenditures [23][30]
BASFY to Support BDO Supply Through Increased Production
ZACKS· 2026-02-17 15:20
Core Insights - BASF SE (BASFY) is increasing production in Ludwigshafen, Germany, to ensure a stable supply of 1.4-butanediol (BDO) for European customers amid anti-dumping proceedings [1][8] - The company's higher BDO output supports the availability of key derivatives such as tetrahydrofuran (THF), polytetrahydrofuran (PolyTHF), and N-methylpyrrolidone (NMP), enhancing supply to critical sectors [2][8] - BASFY is committed to the European BDO market and is expanding its portfolio of biomass-balanced products to reduce carbon footprints and conserve fossil resources [3][8] Production and Supply Chain - Increased production at Ludwigshafen will minimize transportation needs and enhance the efficiency of the Verbund system [4] - The integration of the acetylene value chain allows for better production planning and strengthens supply to sectors including polymers, solvents, elastomers, and high-performance materials [2] Market Performance - BASFY stock has gained 15.2% over the past year, outperforming the industry's 14.6% decline [6] - The company currently holds a Zacks Rank 4 (Sell), while other stocks in the Basic Materials space have better rankings [7][9]
Albemarle Announces Idling of Operations at Kemerton Processing Plant
ZACKS· 2026-02-16 16:05
Core Insights - Albemarle Corporation (ALB) has decided to idle Train 1 at its Kemerton lithium hydroxide processing plant in Western Australia, placing it into care and maintenance immediately. This follows the idling of Train 2 and the halting of expansion plans for Trains 3 and 4 in 2024 [1][8]. Group 1: Company Operations - The Kemerton facility processes spodumene from the Greenbushes mine, which is recognized as one of the world's best lithium deposits. Albemarle has a stake and half of the offtake rights from Greenbushes through a joint venture [2]. - The decision to idle the trains is part of Albemarle's ongoing efforts over the past two and a half years to reduce operating costs amid price volatility in the lithium market. The recent improvements in lithium prices have not been sufficient to address the challenges faced by Western hard-rock lithium conversion operations [3]. Group 2: Financial Outlook - The company anticipates that the idling of Train 1 will provide higher flexibility and optionality, benefiting adjusted EBITDA starting in the second quarter of 2026. There is no expected impact on projected sales volumes for 2026 [4]. - Albemarle's stock has seen a significant increase of 104.8% over the past year, contrasting with a 13.3% decline in the industry [6]. Group 3: Market Position - Albemarle currently holds a Zacks Rank of 1 (Strong Buy), indicating a favorable market position. Other top-ranked stocks in the Basic Materials sector include Coeur Mining, Inc. (CDE), Fortuna Mining Corp. (FSM), and Avino Silver & Gold Mines Ltd. (ASM) [7].
Fortuna Extends High Grade Gold Mineralization at Sunbird, Including 6.1 g/t Au over 18.9 meters, Séguéla Mine, Côte d’Ivoire
Globenewswire· 2026-02-12 10:00
Core Insights - Fortuna Mining Corp. has reported successful exploration drilling results at the Sunbird deposit, located at the Séguéla Mine in Côte d'Ivoire, indicating extended mineralization at depth and the expansion of a second high-grade mineralized shoot [1][2]. Drilling Highlights - Significant drill results include: - SGRD2473: 15.4 g/t Au over an estimated true width of 4.2 meters from 478 meters, with a high of 26.2 g/t Au over 2.1 meters from 480 meters [2] - SGRD2475: 4.1 g/t Au over 13.3 meters from 504 meters, including 13.6 g/t Au over 0.7 meters [2] - SGRD2477: 10.9 g/t Au over 2.1 meters from 483 meters, with a peak of 27.5 g/t Au over 2.1 meters from 492 meters [2] - SGDD148: 73.5 g/t Au over 0.7 meters from 530 meters, and 6.1 g/t Au over 18.9 meters from 564 meters [2] - SGDD149: 13.0 g/t Au over 4.2 meters from 686 meters, including 31.1 g/t Au over 1.4 meters [2] Exploration Program - A total of 22 drill holes, amounting to 9,816 meters, have been completed as part of the underground resource confidence infill and extension drilling program, successfully delineating high-grade gold mineralization approximately 400 meters beyond existing Mineral Resource and Mineral Reserves envelopes [2][3]. Future Plans - Mineralization at the Sunbird deposit remains open at depth and along strike, with drilling expected to continue throughout 2026 [3].