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Fortuna Silver Mines
(TSX:FVI)
Fortuna Silver Mines (FVI) vs. S&P 500 (SPY)
Fortuna Silver Mines Business Overview & Revenue Model
Fortuna Silver Mines Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.13B | 1.06B | 842.43M | 681.49M | 599.85M | 278.97M | Gross Profit |
| 389.57M | 343.61M | 190.03M | 146.80M | 205.48M | 110.22M | EBIT |
| 272.77M | 228.05M | -407.00K | 85.69M | 136.88M | 57.24M | EBITDA |
| 525.36M | 471.21M | 230.79M | 59.05M | 277.76M | 106.62M | Net Income Common Stockholders |
| 160.99M | 128.74M | -50.84M | -135.91M | 57.88M | 21.55M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 309.40M | 231.33M | 128.15M | 80.57M | 107.51M | 132.96M | Total Assets |
| 2.19B | 2.12B | 1.97B | 1.88B | 2.02B | 1.06B | Total Debt |
| 197.88M | 194.01M | 264.25M | 240.52M | 186.89M | 178.11M | Net Debt |
| -107.17M | -37.32M | 136.10M | 160.03M | 79.80M | 46.22M | Total Liabilities |
| 657.84M | 649.46M | 679.74M | 587.53M | 592.35M | 329.57M | Stockholders Equity |
| 1.46B | 1.40B | 1.24B | 1.24B | 1.38B | 725.77M |
| Cash Flow | Free Cash Flow | ||||
| 241.11M | 161.90M | 79.59M | -56.99M | -5.15M | -20.94M | Operating Cash Flow |
| 443.11M | 365.68M | 296.91M | 194.25M | 147.14M | 93.39M | Investing Cash Flow |
| -195.43M | -194.44M | -216.88M | -255.33M | -118.50M | -113.65M | Financing Cash Flow |
| -27.94M | -66.14M | -32.72M | 38.47M | -51.42M | 68.91M |
Fortuna Silver Mines Technical Analysis
Fortuna Silver Mines Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | C$1.08B | 10.00 | 11.68% | 0.71% | 31.23% | 110.49% | |
75 Outperform | $2.31B | 10.87 | 12.07% | ― | 30.33% | ― | |
63 Neutral | $3.80B | ― | -4.57% | 0.34% | 38.49% | -77.99% | |
57 Neutral | $2.55B | 19.93 | 16.27% | 0.98% | ― | 61.66% | |
51 Neutral | C$1.35B | 152.08 | -4.59% | ― | 88.60% | -684.16% | |
50 Neutral | $1.98B | -1.08 | -21.29% | 3.61% | 1.96% | -30.59% | |
48 Neutral | $2.02B | ― | -24.80% | ― | ― | -26.88% |
Fortuna Silver Mines Earnings Call Summary
Fortuna Silver Mines Corporate Events
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.
Fortuna Silver Mines reported a record free cash flow of $111.3 million for the first quarter of 2025, marking a 30% increase quarter over quarter. The company achieved a significant improvement in its free cash flow margin, driven by higher gold prices and reduced all-in-sustaining costs. Fortuna’s strategic divestment of high-cost, short-life assets, including the sale of the San Jose Mine and its interest in the Yaramoko Mine, is aimed at reallocating capital towards more profitable ventures, aligning with its long-term growth strategy. Despite a fatal accident at the Séguéla Mine, the company continues to prioritize safety and operational efficiency.
Spark’s Take on TSE:FVI Stock
According to Spark, TipRanks’ AI Analyst, TSE:FVI is a Outperform.
Fortuna Silver Mines shows strong financial performance with significant revenue and profitability improvements, supported by robust cash flow and low leverage. Technical analysis indicates upward momentum, though caution is needed due to potential overbought conditions. Valuation is reasonable, appealing to growth investors. Recent corporate actions and a positive earnings call suggest a favorable outlook, though high costs in certain operations and safety concerns remain key risks.
To see Spark’s full report on TSE:FVI stock, click here.
Fortuna Mining Corp. has announced the renewal of its share repurchase program, allowing the company to buy back up to five percent of its outstanding common shares. This move is aimed at addressing market prices that may not reflect the shares’ underlying value, and it is seen as a strategic use of corporate funds. The program will be conducted through the Toronto Stock Exchange, the New York Stock Exchange, and other Canadian trading systems, with purchases made at market prices. The initiative reflects Fortuna’s commitment to optimizing shareholder value and maintaining financial flexibility.
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 with significant revenue and profitability improvement, complemented by robust cash flow and low leverage. Technical indicators show upward momentum, although caution is warranted due to potential overbought conditions. Valuation remains reasonable, and recent corporate events and earnings call data suggest a positive outlook. Key risks include managing high costs in certain operations and addressing safety concerns.
To see Spark’s full report on TSE:FVI stock, click here.
Fortuna Mining Corp. will release its first quarter 2025 financial results on May 7, 2025, after market close, followed by a conference call on May 8, 2025, to discuss the financial and operational outcomes. The announcement is significant for stakeholders as it provides insights into the company’s performance and strategic direction, potentially impacting its market positioning and investor relations.
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 with significant revenue and profitability improvement, complemented by robust cash flow and low leverage. Technical indicators show upward momentum, although caution is warranted due to potential overbought conditions. Valuation remains reasonable, and recent corporate events and earnings call data suggest a positive outlook. Key risks include managing high costs in certain operations and addressing safety concerns.
To see Spark’s full report on TSE:FVI stock, click here.
Fortuna Mining Corp. has completed the sale of its San Jose Mine in Oaxaca, Mexico, to JRC Ingeniería y Construcción S.A.C. for a total consideration of up to approximately $16 million, including future conditional payments. The sale allows Fortuna to divest a non-core asset, previously placed on care and maintenance due to high operating costs and depleted reserves, while retaining a net smelter royalty on future production, potentially enhancing its financial flexibility and strategic focus.
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 with significant revenue and profitability improvement, complemented by robust cash flow and low leverage. Technical indicators show upward momentum, although caution is warranted due to potential overbought conditions. Valuation remains reasonable, and recent corporate events and earnings call data suggest a positive outlook. Key risks include managing high costs in certain operations and addressing safety concerns.
To see Spark’s full report on TSE:FVI stock, click here.
Fortuna Mining Corp. has announced the sale of its interest in the Yaramoko Mine and associated subsidiaries in Burkina Faso to Soleil Resources International Limited. This strategic move allows Fortuna to exit a challenging market, optimize value, and avoid future liabilities, while providing liquidity to pursue other opportunities aligned with its strategic goals.
Spark’s Take on TSE:FVI Stock
According to Spark, TipRanks’ AI Analyst, TSE:FVI is a Outperform.
Fortuna Silver Mines presents a strong financial performance with significant revenue and profitability improvement, complemented by robust cash flow and low leverage. The technical indicators show strong upward momentum, although caution is advised due to nearing overbought conditions. Valuation remains reasonable, and the company’s earnings call suggests a positive, albeit cautious, outlook. The main risks include managing high costs in certain operations and addressing safety concerns.
To see Spark’s full report on TSE:FVI stock, click here.
Fortuna Silver Mines reported a solid production of 103,459 gold equivalent ounces for the first quarter of 2025, with gold production at 91,893 ounces. The company completed the Lindero leach pad expansion project on time and within budget, providing an additional 10 years of production capacity. Despite a slight decrease in gold equivalent production compared to previous quarters, Fortuna reiterated its annual production guidance, indicating confidence in meeting its targets. The company also repurchased 916,900 common shares, reflecting a strategic move to enhance shareholder value.
Spark’s Take on TSE:FVI Stock
According to Spark, TipRanks’ AI Analyst, TSE:FVI is a Outperform.
Fortuna Silver Mines presents a strong financial performance with significant revenue and profitability improvement, complemented by robust cash flow and low leverage. The technical indicators show strong upward momentum, although caution is advised due to nearing overbought conditions. Valuation remains reasonable, and the company’s earnings call and recent corporate events suggest a positive, albeit cautious, outlook. The main risks include managing high costs in certain operations and addressing safety concerns.
To see Spark’s full report on TSE:FVI stock, click here.
Fortuna Mining Corp. has filed its fiscal 2024 annual report on Form 40-F with the U.S. Securities and Exchange Commission, which includes audited financial statements and management’s discussion and analysis. This filing is a significant step in maintaining transparency with shareholders and stakeholders, reflecting the company’s commitment to regulatory compliance and providing insights into its financial health and operational performance.
Fortuna Mining Corp. announced its participation in the Mining Forum Europe 2025 in Zürich, Switzerland, where CEO Jorge A. Ganoza will present. This event is significant for Fortuna as it provides a platform to showcase its operations and sustainability efforts to investors, potentially enhancing its market position and stakeholder engagement.
Fortuna Silver Mines has reported promising exploration results at its Séguéla Mine in Côte d’Ivoire, with significant gold intersections at the Kingfisher and Sunbird deposits. These results, including a notable 7.2 g/t gold over 31.5 meters at Kingfisher, are expected to enhance the resource confidence and potentially transition these resources into mineral reserves by 2025, indicating a positive impact on the company’s operational growth and industry positioning.
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.
Fortuna Silver Mines reported strong financial results for the fourth quarter and full year of 2024, highlighting a record free cash flow of $95.6 million in Q4 and $202.9 million for the year. The company achieved a positive net cash position and returned $30.6 million to shareholders through share repurchases. Operationally, Fortuna produced a record 455,958 gold equivalent ounces in 2024, meeting the low end of its annual guidance, while maintaining strong safety performance with industry-standard safety metrics.
Fortuna Mining Corp. reported a fatal accident at its Séguéla Mine in Côte d’Ivoire, where an employee of a service provider died following an explosion while refilling fire extinguishers. The company is conducting an investigation into the incident and has expressed condolences and a commitment to safety and prevention of future incidents.