Reports Q3 revenue $251.4M vs. $181.7M last year. Jorge Ganoza president and CEO of Fortuna, commented, “Fortuna delivered a strong third quarter, keeping us on track to meet our annual production guidance. Higher gold prices and consistent mine performance generated $73.4 million in free cash flow from operations-up $16.0 million from Q2.” Mr. Ganoza continued, “Cash costs remained below $1,000/oz, and AISC at our mines is tracking within guidance. Lindero’s AISC is trending lower, and we expect similar improvements at Seguela as it completes key investments to support 2026 production of 160,000-180,000 ounces.” Mr. Ganoza concluded, “Our balance sheet continues to strengthen, with nearly $600 million in liquidity and $265.8 million in net cash. This positions us to fund high-impact growth initiatives, including Diamba Sud, unlocking the full potential of the Seguela Mine, and expanding exploration across West Africa and Latin America.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSM:
- Fortuna Mining Corp Reports Strong Q3 2025 Results and Promising Growth Prospects
- FSM Upcoming Earnings Report: What to Expect?
- Fortuna Mining Expands High-Grade Gold Mineralization at Sunbird Deposit
- Fortuna Mining Expands High-Grade Gold Deposits at Séguéla Mine
- Fortuna Mining Corp. Announces Q3 2025 Financial Results Release and Conference Call