An update from Fortuna Silver Mines ( (TSE:FVI) ) is now available.
Fortuna Silver Mines has released its updated Mineral Reserve and Resource estimates for its various projects as of December 31, 2024. The report highlights a 29% increase in consolidated inferred mineral resources and a 36% increase in measured and indicated resources, driven by infill drilling and new discoveries. However, there is an 11% decrease in proven and probable mineral reserves due to production-related depletion, partially offset by resource upgrades.
More about Fortuna Silver Mines
Fortuna Silver Mines is a mining company that operates in the precious metals industry, focusing on the extraction and production of gold and silver. The company has operations in West Africa and the Americas, with projects in Argentina, Senegal, and Mexico, positioning itself as a significant player in the global mining sector.
YTD Price Performance: 10.92%
Average Trading Volume: 13,259,766
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.56B
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