tiprankstipranks
Trending News
More News >

Fortuna Silver Mines Streamlines Portfolio with Yaramoko Mine Sale

Story Highlights

Protect Your Portfolio Against Market Uncertainty

An update from Fortuna Silver Mines ( (TSE:FVI) ) is now available.

Fortuna Silver Mines has completed the divestiture of its Yaramoko Mine in Burkina Faso, selling it to Soleil Resources International Ltd. for $70 million. This move is part of Fortuna’s strategy to streamline its asset portfolio, reallocating capital and management resources to pursue higher-value opportunities. The sale increases the company’s liquidity and allows it to exit a challenging operational and security environment. Following this divestiture, Fortuna has updated its 2025 production and cost guidance, reflecting an 18% reduction in gold equivalent production and a 6% increase in all-in sustaining costs, primarily due to the exclusion of Yaramoko’s contribution.

The most recent analyst rating on (TSE:FVI) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Fortuna Silver Mines stock, see the TSE:FVI Stock Forecast page.

Spark’s Take on TSE:FVI Stock

According to Spark, TipRanks’ AI Analyst, TSE:FVI is a Outperform.

Fortuna Silver Mines demonstrates strong financial performance and strategic alignment through divestments and share repurchases. Technical analysis suggests caution due to mixed signals, while valuation remains attractive for growth investors. Safety concerns remain a key risk factor.

To see Spark’s full report on TSE:FVI stock, click here.

More about Fortuna Silver Mines

Fortuna Silver Mines is a mining company operating in the precious metals industry, primarily focusing on the extraction and production of gold and silver. The company has a market focus on optimizing its asset portfolio to align with strategic objectives and capitalize on strong market conditions.

Average Trading Volume: 1,044,582

Technical Sentiment Signal: Buy

Current Market Cap: C$2.39B

Learn more about FVI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App