Fortuna Silver Mines (FSM) Stock

Fortuna Mining Corp. receives a “Buy” rating. Its primary commodity, gold, is seeing per-ounce prices rise driven by interest rate cuts from the U.S. Federal Reserve and robust safe-haven demand. The company's profitability is expected to improve, supported by bullish gold prices above all else, consistent production, operational efficiencies, and disciplined capital allocation to assets development. Fortuna improves its financial position: increased liquidity and less dependence on expensive loans. The financial position supports the company in its goal of drawing significant growth potential from ongoing projects.

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Fortuna (FSM) possesses solid growth attributes, which could help it handily outperform the market.

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, 2024 ).

Fortuna (FSM) is well positioned to outperform the market, as it exhibits above-average growth in financials.

FSM's third-quarter 2024 results reflect the impacts of higher gold and silver prices.

Fortuna Mining Corp. (NYSE:FSM ) Q3 2024 Results Conference Call November 7, 2024 12:00 PM ET Company Participants Carlos Baca - Vice President, Investor Relations Jorge Alberto Ganoza - President and Chief Executive Officer Luis D. Ganoza - Chief Financial Officer David Whittle - Chief Operating Officer, West Africa Conference Call Participants Don DeMarco - National Bank Financial Adrian Pay - Adrian Pay Asset Management Operator Greetings.

Fortuna Mining (FSM) closed at $5.12 in the latest trading session, marking a +0.79% move from the prior day.

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.