Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. Its principal properties include the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; and the Lindero gold project located in Argentina. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. was incorporated in 1990 and is based in Vancouver, Canada.
IPO Year:
Exchange: NYSE
Website: fortunasilver.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/30/2023 | $4.25 | Sector Perform | Scotiabank |
1/18/2022 | Hold → Buy | Canaccord Genuity | |
11/12/2021 | Outperform → Market Perform | BMO Capital Markets | |
11/12/2021 | Hold → Sell | Canaccord Genuity |
VANCOUVER, British Columbia, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) is pleased to announce it has entered into a binding letter agreement (the "Letter Agreement") to sell (the "Transaction") its 100 percent interest in Compañia Minera Cuzcatlan S.A. de C.V. ("Cuzcatlan") to Minas del Balsas S.A. de C.V. ("MDB"), a private Mexican company. Cuzcatlan is the owner of a 100 percent interest in the San Jose Mine in the state of Oaxaca, Mexico. Following the sale, Fortuna will cease to have any interest in the San Jose Mine, other than the net smelter return royalty described below. The San Jose Mine was scheduled to initiate a progressive closure process star
VANCOUVER, British Columbia, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d'Ivoire. Paul Weedon, Senior Vice President, Exploration, commented, "The prospectivity of Kingfisher is underscored by the recent intersections of 15.3 meters averaging 4.1 g/t Au and 17 meters averaging 3.3 g/t Au; approximately 150 meters further along strike of the recently reported maiden Inferred Resource of 294,000 ounces averaging 2.3 g/t Au1." Mr. Weedon added, "At the Sunbird deposit, mineralization has been successfully drill defined approximately 650 meters further along strike from the l
VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce updated Mineral Reserves and Mineral Resources at its Séguéla Mine with the discovery of over 500,000 gold ounces of new Inferred Resources. Jorge A. Ganoza, President and CEO, commented, "Our exploration programs in 2024 have successfully grown our Inferred Resources to 677,000 gold ounces, including the contribution of four new mineral deposits." Mr. Ganoza added, "These new resources come from a growing pipeline of deposits that are planned for further expansion and definition drilling in 2025 as we look for opportunities to replace annual production relat
VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) is pleased to report that during the fourth quarter as of Friday, November 29, 2024, it has repurchased under the Company's normal course issuer bid (NCIB) an aggregate of 6,402,640 common shares on the open market of the New York Stock Exchange. Shares were repurchased at a weighted-average price of $4.77 per common share for a total gross amount of $30,529,066, excluding brokerage fees; these shares will be cancelled. To date, the Company has repurchased 41.88 percent of the 15,287,201 shares it is authorized to repurchase under the NCIB (refer to Fortuna news release dated April 30, 2
NetworkNewsWire Editorial Coverage NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Interest in the mining sector is on the rise, fueled by growing demand for metals that are crucial to modern industries. The shift toward clean-energy technologies, including electric vehicles (EVs) and renewable energy systems, has heightened the need for critical minerals, particularly lithium, cobalt, nickel and rare earth elements (REEs). At the same time, traditional metals such as copper and aluminum are seeing renewed importance due to their essential roles in infrastructure and energy transmission. Gold and silver remain appealing as safe-haven assets during periods of economic uncertainty and inflation. Addit
(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the third quarter of 2024. "In the third quarter, a focus on cost discipline and safe operations allowed Fortuna to capture the benefit of rising metal prices and achieve record attributable earnings of $50.5 million and record operating cash flow before working capital changes of $119.3 million." said Jorge Ganoza, Fortuna's President and CEO. Mr. Ganoza continued, "Our mines delivere
Issued on behalf of Yukon Metals Corp. VANCOUVER, BC, Nov. 6, 2024 /PRNewswire/ -- USA News Group – Gold prices are soaring, and with the results of the U.S. federal election still pending and a crucial Federal Reserve meeting approaching, the upward trend in the precious metal's value shows no signs of slowing down. Goldman Sachs analysts project gold could break records, potentially reaching $3,000 by the end of 2025. This surge has created a complex landscape for the mining sector. Companies operating in Ghana and Burkina Faso are facing challenges, while major players like Newmont are finding it difficult to fully leverage the high gold prices. Amid post-election market uncertainty, Ba
VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) announces that it will release its unaudited financial statements and MD&A for the third quarter on Wednesday, November 6, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, November 7, 2024, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer - Latin America, and David Whittle, Chief Operating Officer - West Africa. Shareholders, analysts, media and interested investo
VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) reports production results for the third quarter of 2024 from its five operating mines in West Africa and Latin America. Q3 2024 Production highlights Gold equivalent production of 110,820 ounces1; compared to 128,671 oz Au Eq in Q3 20232 and 116,570 oz Au Eq in Q2 20243Gold production of 91,251 ounces; compared to 94,821 oz Au in Q3 20232 and 92,716 oz Au in Q2 20243Silver production of 816,187 ounces; compared to 1,680,751 oz Ag in Q3 20232 and 990,574 oz Ag in Q2 20243Zinc and lead production of 12.8 million and 10.0 million pounds; compared to 14.0 milli
VANCOUVER, British Columbia, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) today shared an update on its operations at the Yaramoko Mine in Burkina Faso. On October 5, 2024, Burkina Faso's President Ibrahim Traoré made public comments regarding mining companies operating in the country and the possible withdrawal of existing mining permits. Fortuna has sought clarification from the country's Ministry of Mines on this point and has received confirmation that the government has no plans to withdraw existing mining permits which are in compliance with Burkina Faso's laws. The Yaramoko Mine is in compliance with all material laws and operations continue to be cond
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
6-K - FORTUNA MINING CORP. (0001341335) (Filer)
VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM, TSX:FVI) hereby announces the voting results at the Company's annual and special meeting of shareholders held on June 20, 2024 (the "Meeting"). A total of 153,562,018 common shares were represented at the Meeting, being 50.16% of the Company's issued and outstanding common shares as at the record date. Shareholders voted in favor of all matters brought before the Meeting, including the appointment of auditors, the election of management's nominees as directors, and the change of the Company's name to "Fortuna Mining Corp." Detailed results of the vot
VANCOUVER, British Columbia, June 22, 2023 (GLOBE NEWSWIRE) -- Fortuna Silver Mines, Inc. (NYSE:FSM, TSX:FVI) hereby announces the voting results at the Company's annual general meeting held on June 22, 2023. A total of 142,378,954 common shares were represented at the meeting, being 48.95% of the Company's issued and outstanding shares as at the record date. Shareholders voted in favour of all matters brought before the meeting including the appointment of auditors, the election of management's nominees as directors and the renewal of the Company's Amended and Restated Share Unit Plan. Detailed results of the votes on the election of directors are as follows: DirectorVotes For Vote
VANCOUVER, British Columbia, June 28, 2022 (GLOBE NEWSWIRE) -- Fortuna Silver Mines, Inc. (NYSE:FSM, TSX:FVI) hereby announces the voting results at the Company's annual general meeting held on June 27, 2022 and announces the appointment of an additional Director to the Board. A total of 138,713,814 common shares were represented at the meeting, being 47.48 percent of the Company's issued and outstanding shares as at the record date. Shareholders voted in favor of all matters brought before the meeting including the appointment of auditors and the election of management's nominees as directors. Detailed results of the votes on the election of directors are as follows: DirectorVotes For V
VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) -- 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 Shares") by way of a proposed plan of arrangement (the "Arrangement"), pursuant to the terms and subject to the conditions of the arrangement agreement between Fortuna and Roxgold dated effecti
SC 13G/A - FORTUNA SILVER MINES INC (0001341335) (Subject)
SC 13G/A - FORTUNA SILVER MINES INC (0001341335) (Subject)
SC 13G/A - FORTUNA SILVER MINES INC (0001341335) (Subject)
(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the third quarter of 2024. "In the third quarter, a focus on cost discipline and safe operations allowed Fortuna to capture the benefit of rising metal prices and achieve record attributable earnings of $50.5 million and record operating cash flow before working capital changes of $119.3 million." said Jorge Ganoza, Fortuna's President and CEO. Mr. Ganoza continued, "Our mines delivere
VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) announces that it will release its unaudited financial statements and MD&A for the third quarter on Wednesday, November 6, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, November 7, 2024, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer - Latin America, and David Whittle, Chief Operating Officer - West Africa. Shareholders, analysts, media and interested investo
(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the second quarter of 2024. Second Quarter 2024 highlights Financial Attributable net income of $40.6 million or $0.13 per share, compared to a $26.3 million or $0.09 per share in Q1 2024Adjusted attributable net income1 of $30.4 million or $0.10 per share, compared to $26.7 million or $0.09 per share in Q1 2024Generated $93.0 million (or $0.30 per share) of cash flow from operations before
VANCOUVER, British Columbia, July 23, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) announces that it will release its unaudited financial statements and MD&A for the second quarter on Wednesday, August 7, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, August 8, 2024, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer - Latin America, and David Whittle, Chief Operating Officer - West Africa. Shareholders, analysts, media and interested investors are
(All amounts are expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the first quarter of 2024. First Quarter 2024 highlights Financial Attributable net income of $26.3 million or $0.09 per share, compared to a $92.3 million attributable net loss or $0.30 per share in Q4 2023Adjusted attributable net income1 of $26.7 million or $0.09 per share, compared to $20.6 million or $0.07 per share in Q4 2023Generated $84.3 million of cash flow from operations before working capi
VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX:FVI) (NYSE:FSM) announced today that the Toronto Stock Exchange has approved the renewal of Fortuna's normal course issuer bid (the "NCIB") to purchase up to five percent of its outstanding common shares. Under the NCIB, purchases of common shares may be made through the Toronto Stock Exchange, the New York Stock Exchange and/or alternative Canadian trading systems. The share repurchase program starts on May 2, 2024 and will expire on the earlier of: May 1, 2025; one calendar year after the renewal of the share repurchase program;the date Fortuna acquires the maximum number of common shares
VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) announces that it will release its unaudited financial statements and MD&A for the first quarter on Tuesday, May 7, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Wednesday, May 8, 2024, at 9:00 a.m. Pacific Time | 12:00 p.m. Eastern Time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer - Latin America, and David Whittle, Chief Operating Officer - West Africa. Shareholders, analysts, media and interested investors are inv
(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 2023Attributable adjusted net income1 of $20.6 million or $0.07 per share in Q4 2023, totaling $64.9 millio
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. A conference call to discuss the financial and operational results will be held on Thursday, March 7, 2024, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer - Latin America, and David Whittle, Chief Operating Officer - West Africa. Shareholders, analysts, media and intere
(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 2023Adjusted net income4,1 of $29.6 million or $0.10 per share, compared to $2.5 million or $0.01 per share in Q2 2023Adjusted EBITDA1 of $104.6 million, compared to $44.4 million in Q2 2023Net cash provide
Scotiabank resumed coverage of Fortuna Silver Mines with a rating of Sector Perform and set a new price target of $4.25
Canaccord Genuity upgraded Fortuna Silver Mines from Hold to Buy
BMO Capital Markets downgraded Fortuna Silver Mines from Outperform to Market Perform
Canaccord Genuity downgraded Fortuna Silver Mines from Hold to Sell
BMO Capital Markets reiterated coverage of Fortuna Silver Mines with a rating of Outperform and set a new price target of $13.00 from $12.00 previously
CIBC reiterated coverage of Fortuna Silver Mines with a rating of Neutral and set a new price target of $11.25 from $11.50 previously
National Bank Financial resumed coverage of Fortuna Silver Mines with a rating of Sector Perform