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.

VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide an update on its exploration programs at the Séguéla Mine in Côte d'Ivoire and the recently acquired Diamba Sud Gold Project in Senegal.

Fortuna discovers new Kingfisher prospect at Séguéla Mine and provides exploration update at the Diamba Sud Gold Project

Fortuna Silver's (FSM) fourth-quarter 2023 earnings reflect the impacts of higher sales volumes and gold prices.

Fortuna Silver (FSM) Q4 Earnings Miss, Revenues Rise Y/Y

Fortuna Silver Mines Inc. (FSM) Q4 2023 Earnings Call Transcript

(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the fourth quarter and full year 2023. Fourth Quarter and Full Year 2023 highlights Financial Attributable net loss for the quarter of $92.3 million or $0.30 per share after non-cash impairment charges of $90.6 million in Q4 2023, totaling an attributable net loss of $50.8 million for the full year 2023 Attributable adjusted net income1 of $20.6 million or $0.07 per share in Q4 2023, totaling $64.9 million, or $0.22 per share for the full year 2023 Net cash generated by operations for the quarter was $105.1 million or $0.36 per share in Q4 2023, totaling $296.3 million or $ 1.0 per share for the full year 2023 Free cash flow from ongoing operations1 of $66.2 million in Q4 2023; totaling $153.5 million for the full year 2023 The Company repaid $41.0 million of its corporate credit facility in the fourth quarter and the total net debt1 at year end stands at $83.0 million.

Fortuna Reports Results for the Fourth Quarter and Full Year 2023

VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will release its financial statements and MD&A for the fourth quarter and full year 2023 on Wednesday, March 6, 2024, after the market closes.

Fortuna to release fourth quarter and full year 2023 financial results on March 6, 2024; Conference call at 12 p.m. Eastern time on March 7, 2024

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VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines, Inc. (NYSE: FSM ) ( TSX: FVI ) provides its updated Mineral Reserve and Mineral Resource estimates as of December 31, 2023 for its five operating mines in West Africa and the Americas, and the Arizaro Project located at the Lindero Mine in Salta, Argentina.  All references to dollar amounts in this news release are expressed in US dollars.

Fortuna reports updated Mineral Reserves and Mineral Resources

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce its objectives, metrics, and targets concerning its greenhouse gas (“GHG”) emissions reduction pathways as part of the commitments contained in its Climate Change position statement disclosed in April 2022 (refer to Fortuna news release dated April 7, 2022 ).

Fortuna Announces GHG Emissions Reduction Target for 2030 and Long-Term Objectives to 2050

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports production results for the fourth quarter and full year 2023 from its five operating mines in Latin America and West Africa. For the full year 2023, Fortuna produced a record 326,638 ounces of gold and 5,883,691 ounces of silver or a record 452,389 gold equivalent ounces, including lead and zinc by-products1. All references to dollar amounts in this news release are expressed in US dollars.

Fortuna reports record 2023 production of 452 koz Au Eq and 2024 annual guidance of 457 to 497 koz Au Eq

(All amounts expressed in US dollars) VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to report that the Company has paid down an additional $41 million of its revolving credit facility at the end of the fourth quarter of 2023, using cash on hand. After the payment of $41 million, the Company expects to bring down the leverage ratio1 below 0.5 times total net debt2 to adjusted EBITDA3 (which was reported for the third quarter of 2023).

Fortuna pays down an additional $41 million of debt

VANCOUVER, British Columbia, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide an update on its exploration programs at the Séguéla Mine in Côte d'Ivoire, the recently acquired Diamba Sud Gold Project in Senegal, and the San Jose Mine in Mexico.

Fortuna intersects 88 g/t Au over 3.5m at the Séguéla Mine and provides exploration update

VANCOUVER, British Columbia, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that it will be attending the Scotiabank Mining Conference, which is being held at the Shangri-La Hotel in Toronto, Canada, from November 28 to 29, 2023.

Fortuna to attend Scotiabank Mining Conference

VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that it will be attending the 121 Mining Investment London Conference, which is being held at etc.venues 133 Houndsditch in London, United Kingdom, from November 20 to 21, 2023.

Fortuna to attend 121 Mining Investment London Conference

(Kitco News) - Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) today announced record Q3 2023 gold and gold equivalent production from its five operating mines in West Africa and Latin America, as well as record financial results.

Fortuna Silver reports record production and financial results in third quarter

(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the third quarter of 2023. Third Quarter 2023 highlights Financial Net income4 of $27.5 million or $0.09 per share, compared to $3.1 million or $0.01 per share in Q2 2023 Adjusted net income4 ,1 of $29.6 million or $0.10 per share, compared to $2.5 million or $0.01 per share in Q2 2023 Adjusted EBITDA1 of $104.6 million, compared to $44.4 million in Q2 2023 Net cash provided by operating activities of $106.5 million and free cash flow from ongoing operations1 of $70.0 million, compared to $44.2 million and $9.5 million, respectively, in Q2 2023 Company paid down $40.0 million of its revolving credit facility.

Fortuna reports record production and financial results for the third quarter of 2023

VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will now release its unaudited financial statements and MD&A for the third quarter 2023 on Wednesday, November 8, 2023, before market open. Previously, the Company announced it would release after market close.

Fortuna brings forward filing time of its third quarter 2023 financial results to before market open on November 8, 2023

Fortuna (FSM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fortuna Silver Mines (FSM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

(Kitco News) - Fortuna Silver (NYSE: FSM) (TSX: FVI) announced Monday that Mexican Federal Administrative Court has ruled in favor of Minera Cuzcatlan, Fortuna's Mexican subsidiary, and re-instated the 12-year environmental impact authorization (EIA) for the San Jose mine.

Mexican court reinstates the San Jose mine environmental impact authorization - Fortuna Silver

VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports that the Mexican Federal Administrative Court (the “Court”) has ruled in favour of Minera Cuzcatlan, Fortuna's Mexican subsidiary, and re-instated the 12-year environmental impact authorization (“EIA”) for the San Jose Mine.

Fortuna receives positive decision from Mexican Court which reinstates the San Jose Mine environmental impact authorization

VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will release its unaudited financial statements and MD&A for the third quarter 2023 on Wednesday, November 8, 2023, after market close.

Fortuna to release third quarter 2023 financial results on November 8, 2023; Conference call at 12 p.m. Eastern time on November 9, 2023

Fortuna Silver (FSM) repays $40 million in debt using enhanced cash flow from contributions from the Seguela Mine.

Fortuna Silver (FSM) Repays $40M Debt on Improved Cash Flow

(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports that it has paid down $40 million of its revolving credit facility at the end of the third quarter of 2023, using cash on hand. As at June 30, 2023, Fortuna reported a leverage ratio1 of 0.9 times total net debt2 to adjusted EBITDA3.

Fortuna pays down $40 million of debt from increased cash flow

Fortuna Silver (FSM) reports a record gold production and gold equivalent ounces in the third quarter of 2023.

Fortuna Silver (FSM) Q3 Gold Equivalent Production Rises 26% Y/Y

The Gold Juniors Index has continued its plunge from its Q3 2020 peak, and Fortuna Silver Mines Inc. hasn't fared any better, underperforming by over 1500 basis points. Fortunately, the company's Q3 results were better than expected, and its new Seguela Mine came out swinging with impressive positive grade reconciliation. In this update, we'll look at whether this changes the thesis on Fortuna Silver Mines Inc., dig into the stock's valuation, and see whether the stock has finally entered a low-risk buy zone.

Fortuna Silver Mines: A Massive First Quarter From Seguela

(Kitco News) - Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) today reported record Q3 2023 gold and gold equivalent production from its five operating mines in West Africa and Latin America.

News for Fortuna Silver Mines Stock (FSM)