Fortuna Silver Mines

Fortuna Silver Mines, Inc. engages in the exploration, extraction and processing of precious and base metal in Latin America. It operates through the following segments: Minera Bateas S.A.C (Bateas), Compania Minera Cuzcatlan S.A. de C.V. (Cuzcatian), Mansfield Minera S.A. (Mansfield), and Corporate. The Beates segment operates the Caylloma silver, lead, and zinc mine. The Cuzcatlan segment handles the San Jose silver-gold mine. The Mansfield segment constructs the Lindero mine. The Corporate segment represents the corporate stewardship. The company was founded by Jorge Alberto Ganoza Durant, Simon T. P. Ridgway, and Mario David Szotlender on September 4, 1990 and is headquartered in Vancouver, Canada.

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Fortuna Mining Corp. engages in the exploration, extraction and processing of precious and base metal in Latin America. It operates through the following segments: Minera Bateas S.A.C (Bateas), Compania Minera Cuzcatlan S.A. de C.V. (Cuzcatian), Mansfield Minera S.A. (Mansfield), and Corporate. The Beates segment operates the Caylloma silver, lead, and zinc mine. The Cuzcatlan segment handles the San Jose silver-gold mine. The Mansfield segment constructs the Lindero mine. The Corporate segment represents the corporate stewardship. The company was founded by Jorge Alberto Ganoza Durant, Simon T. P. Ridgway, and Mario David Szotlender on September 4, 1990 and is headquartered in Vancouver, Canada.

Inflation remains elevated, sparking fears that central banks may raise interest rates. A tighter monetary policy could slow down the economic recovery while households and businesses are still in need of support.

Fortuna Silver Mines Could Rise Like Crazy

(Kitco News) - Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) today reported that its gold production in Q3 2021 increased 411% to 65,425 ounces compared to 12,791 ounces produced in Q3 2020.

Fortuna Silver reports 411% gold production jump in third quarter

VANCOUVER, British Columbia, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports production results for the third quarter from its four operating mines in the Americas and West Africa, the Lindero Mine in Argentina, the San Jose Mine in Mexico, the Caylloma Mine in Peru, and the Yaramoko Mine in Burkina Faso. The company produced 65,425 ounces of gold and 1,711,881 ounces of silver or 87,950 gold equivalent1 ounces. Gold and silver production for the first nine months of 2021 totaled 131,029 ounces and 5,518,458 ounces, respectively, or 203,640 gold equivalent1 ounces.

Fortuna reports record third quarter 2021 production of 87,950 gold equivalent (1) ounces

Fortuna Silver Mines is one of the worst-performing precious metals stocks this year following its business combination with Roxgold earlier this year.

Fortuna Silver Mines Stock: Trading At A Deep Discount To Fair Value

Fortuna Silver (FSM) to commence construction at its mine in West Africa, which has the capacity to produce 1,028,000 ounces of gold through its expected life.

Fortuna Silver (FSM) to Start Construction on Mine in Africa

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VANCOUVER, British Columbia, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that the Board of Directors of the company has made a decision to proceed with the construction of an open pit mine at the Séguéla gold Project in Côte d'Ivoire. The company is ready to immediately commence construction with long lead items procured, and development teams established on the ground. In July 2021, Fortuna completed the acquisition of Roxgold Inc. which was advancing the Séguéla Project (see Fortuna's news release dated July 2, 2021, “Fortuna and Roxgold complete combination to create a global premier growth-oriented intermediate gold and silver producer”). For specific details on the Séguéla Project feasibility study, please refer to the technical report entitled “NI 43‐101 Technical Report, Séguéla Project, Feasibility Study, Worodougou Region, Côte d'Ivoire” dated May 26, 2021.

Fortuna announces positive construction decision for its Séguéla gold Project in Côte d'Ivoire

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VANCOUVER, British Columbia, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announced that on September 7, 2021 the company entered into agreements with two private purchasers providing for the sale of an aggregate of 515,365 common shares (the “Sale Shares”) held by Fortuna in Keon Capital Inc. (formerly Prospero Silver Corp.) (“Keon”), at a purchase price of C$0.10 per common share, for aggregate proceeds of C$51,536.50.

Fortuna announces sale of common shares of Keon Capital Inc.

VANCOUVER, British Columbia, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce continued high-grade results from recent extension and scout drilling at its projects in Cote d'Ivoire and Burkina Faso in West Africa.

Fortuna intersects 17.2 g/t Au over 30m at Sunbird Prospect, Séguéla, Cote d'Ivoire and 17.9 g/t Au over 5.4m at Galgouli Prospect, Boussoura, Burkina Faso

Fortuna Silver Mines Inc. (FSM) CEO Jorge Alberto Ganoza on Q2 2021 Results - Earnings Call Transcript

(Kitco News) - Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) today reported Q2 2021 net income of $16.2 million, adjusted net income of $21.5 million, and adjusted EBITDA of $54.9 million, compared to a net loss of $5.7 million, adjusted net loss of $5.1 million, and adjusted EBITDA of $9.4 million in Q2 2020.

Fortuna Silver reports record sales and consolidated EBITDA margins above 45% in second quarter

(All amounts expressed in US dollars, tabular amounts in million, unless otherwise stated) (All amounts expressed in US dollars, tabular amounts in million, unless otherwise stated)

Fortuna Reports Second Quarter Unaudited 2021 Financial Results

VANCOUVER, British Columbia, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will release its unaudited financial statements and MD&A for the second quarter 2021 on Wednesday, August 11, 2021 after the market closes.

Fortuna to release second quarter 2021 unaudited financial results on August 11, 2021; Conference call at 12 p.m. Eastern time on August 12, 2021

The heavy selling pressure might have exhausted for Fortuna (FSM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down 22.2% in 4 Weeks, Here's Why Fortuna (FSM) Looks Ripe for a Turnaround

(Kitco News) - The company's silver production was 49% higher than 1,273,922 ounces produced in Q2 2020, whereas its gold output increased 337% compared to Q2 2020 (7,099 ounces).

Fortuna ups production of all metals in Q2, updates annual guidance

VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports production results for the second quarter from its three operating mines in the Americas, the San Jose Mine in Mexico, the Caylloma Mine in Peru, and the Lindero Mine in Argentina. The company produced 1,892,822 ounces of silver and 31,048 ounces of gold or 55,953 gold equivalent1 ounces. Silver and gold production for the first six months of 2021 totaled 3,806,577 ounces and 65,603 ounces, respectively, or 115,690 gold equivalent1 ounces. The company is also providing an updated production and cost guidance for 2021 which also incorporates gold production for the second half of the year from the Yaramoko Mine in Burkina Faso.

Fortuna reports production of 55,953 gold equivalent ounces for the second quarter and issues updated guidance for 2021

The Fortuna Silver/Roxgold merger is now complete. The combined setup holds little net debt, and is projected to throw off nearly $500 million in EBITDA during 2021.

A Rising Cash Flow Story: Fortuna Silver

The market might be overlooking Fortuna Silver Mines' prospects.

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Fortuna Silver (FSM) and Roxgold merge to create a company boasting of quality assets, peer-leading free cash flow generation, increased scale and diversification, and lower costs.

Fortuna Silver (FSM) Acquires Roxgold, Expands in West Africa

(Kitco News) - Fortuna Silver Mines and Roxgold announced Friday the completion of the previously announced business combination between the companies to create a global premier growth-oriented intermediate gold and silver producer.

Fortuna and Roxgold complete combination to create an intermediate gold and silver producer

VANCOUVER, British Columbia--(BUSINESS WIRE)--Fortuna Silver Mines Inc. (“Fortuna”) (NYSE: FSM | TSX: FVI) and Roxgold Inc. (“Roxgold”) (TSX: ROXG | OTCQX: ROGFF) are pleased to announce the completion of the previously announced business combination between Fortuna and Roxgold (the "Transaction") to create a global premier growth-oriented intermediate gold and silver producer. For additional details related to the Transaction, please refer to the joint news release dated April 26, 2021, “Fortu

Fortuna and Roxgold complete combination to create a global premier growth-oriented intermediate gold and silver producer

VANCOUVER, British Columbia--(BUSINESS WIRE)--Fortuna Silver Mines Inc. (“Fortuna”) (NYSE: FSM | TSX: FVI) and Roxgold Inc. (“Roxgold”) (TSX: ROXG | OTCQX: ROGFF) are pleased to announce that shareholders of both Fortuna and Roxgold have approved all matters voted on at Fortuna's annual and special meeting as well as at Roxgold's special meeting and annual meeting held earlier today, including the proposed acquisition by Fortuna of all of the outstanding common shares of Roxgold ("Roxgold Share

Fortuna and Roxgold shareholders approve business combination to create a global premier growth-oriented intermediate gold and silver producer

VANCOUVER, British Columbia--(BUSINESS WIRE)--Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI) and Roxgold Inc. (TSX: ROXG | OTCQX: ROGFF) are pleased to announce that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), two leading proxy advisory firms who provide independent voting recommendations to institutional investors, have recommended that both Fortuna and Roxgold shareholders vote “FOR” the companies´ respective resolutions in connection wit

ISS and Glass Lewis Recommend Fortuna and Roxgold Shareholders to Vote in Favor of Proposed Business Combination

Are opportunistic investors seeing promise in Fortuna Silver's upcoming acquisition and the CEO's bullishness about the price of silver?

News for Fortuna Silver Mines Stock (FSM)