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Fortuna Silver Mines (TSE:FVI)
:FVI
RESEARCH TOOLSreports
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.26Last Year’s EPS
0.13Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: 14.35%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance with record free cash flow, debt reduction, and significant production achievements. However, challenges such as a fatal accident, high costs at certain mines, and large write-offs tempered the overall outlook.Company Guidance
During the Fortuna Silver Mines Inc. Q4 and Full Year 2024 financial results call, the company highlighted significant growth metrics and strategic developments. They reported a record free cash flow from operations of $19.6 million in Q4, marking a 69% increase from Q3 2024, and achieved a record net cash from operations of $142 million or $0.46 per share, surpassing analysts' expectations of $0.40. The company crossed $1 billion in sales for the first time in 2024, with a 10% increase in quarterly revenue to $302 million and a 7% increase in gold price to $2,660 per ounce. Operating cash flow margin expanded from 33% to 50% due to stable costs and robust gold prices. Looking ahead to 2025, Fortuna forecasts stable to lower cash costs between $895 and $1,015 per ounce, and AISC (All-In Sustaining Costs) between $1,550 and $1,680 per ounce. The company reduced debt by $118 million and ended the year with a positive net cash position of $59 million, supported by $231 million in cash and total liquidity of $381 million. Additionally, they invested $49 million in exploration and project development in 2024 and plan to increase this to $51 million in 2025, targeting high-value projects like Kingfisher and Sandbird Deep. Significant efforts were made to optimize their mine portfolio, including the decision to divest the high-cost San Jose mine.Record Free Cash Flow
The company achieved record free cash flow from operations of $19.6 million in Q4, a 69% increase compared to Q3 2024.
Surpassing $1 Billion in Sales
For the full year 2024, Fortuna Silver Mines Inc. surpassed $1 billion in sales for the first time.
Strong Balance Sheet and Liquidity
The company reduced debt by $118 million, moving from a net debt position of $198 million to a positive net cash position of $59 million by year-end.
Production and Cost Efficiency
Seguela mine reached a cash cost of $653 per ounce in Q4, performing better than guidance with a full-year cash cost of $584 per ounce.
Successful Optimization of Seguela
Seguela mine is planned to reach gold production of 160,000 to 180,000 ounces by 2026 with an AISC between $1,260 and $1,390 per ounce.
Strong Performance in West Africa
Seguela and Yaramoko mines achieved high production and reached the higher end of their annual production guidance.
Caylloma Mine Exceeds Production Guidance
The Caylloma mine surpassed its full-year production guidance for all metals, with significant improvements in zinc and lead production.
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TSE:FVI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:FVI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | C$6.41 | C$6.62 | +3.28% |
| Nov 07, 2024 | C$6.47 | C$6.66 | +2.94% |
| Aug 08, 2024 | C$5.72 | C$5.68 | -0.70% |
| May 08, 2024 | C$6.77 | C$6.60 | -2.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Fortuna Silver Mines (TSE:FVI) report earnings?
Fortuna Silver Mines (TSE:FVI) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Fortuna Silver Mines (TSE:FVI) earnings time?
Fortuna Silver Mines (TSE:FVI) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:FVI EPS forecast?
TSE:FVI EPS forecast for the fiscal quarter 2025 (Q1) is 0.26.
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