FSM - Fortuna Silver Mines Inc.
| Previous close | 4.5800 |
| Open | 4.2600 |
| Bid | 4.4500 x 1000 |
| Ask | 4.4700 x 45100 |
| Day's range | 4.1800 - 4.5200 |
| 52-week range | 1.4700 - 4.8800 |
| Volume | 4,999,661 |
| Avg. volume | 3,884,537 |
| Market cap | 831.373M |
| Beta (5Y monthly) | 1.63 |
| PE ratio (TTM) | 44.65 |
| EPS (TTM) | 0.1010 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 9.00 |
- Zacks
Endeavour Silver (EXK) Soars: Stock Adds 9.4% in Session
Endeavour Silver (EXK) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- GlobeNewswire
Fortuna announces resumption of production at the San Jose Mine, Mexico
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) is pleased to announce that production activities have resumed at the San Jose Mine located in Oaxaca, Mexico. On March 31, 2020, the Government of Mexico announced extraordinary measures in response to the spread of COVID-19, which included the suspension of all non-essential activities, including mining, until April 30, 2020. This period of isolation was subsequently extended until May 30th, with the possibility of restrictions being lifted on or after May 18th subject to obtaining specific government approval.
- GlobeNewswire
Fortuna Silver Mines Closes US$69 Million Bought Deal Equity Financing Including Full Exercise of Over-Allotment Option
A total of 23,000,000 common shares (the “Shares”) were issued at a price of US$3.00 per Share for gross proceeds to the Company of US$69,000,000, which includes the exercise, in full, of the over-allotment option of an additional 3,000,000 Shares. The Offering was conducted through a syndicate of underwriters led by Scotiabank and BMO Capital Markets, and including PI Financial, CIBC Capital Markets and National Bank Financial. The Offering was completed by way of prospectus supplement to the Company’s final base shelf prospectus dated April 29, 2020, filed in each of the provinces of Canada, except Québec, and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.
- Motley Fool
Fortuna Silver Mines (FSM) Q1 2020 Earnings Call Transcript
Ladies and gentlemen, good day, and thank you all for joining us for this Fortuna Silver Mines' first-quarter 2020 financial call and operational results. To get us started with opening remarks and introductions I am pleased to yield the floor to Mr. Carlos Baca with investor relations manager.
- Motley Fool
Here's Why Silver Stocks Rose Today
Investors are increasingly turning to precious metals as a hedge against a stumbling global economy. In the United States alone, over 36 million individuals have filed for unemployment benefits in the last two months, while retail sales tumbled 22% in April from the year-ago period. Investors might argue whether precious metals are really safe havens, but the reality that is gold and silver prices are trekking higher.
- GlobeNewswire
Fortuna reports consolidated financial results for the first quarter 2020
(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, May 14, 2020 -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported a.
- GlobeNewswire
Fortuna provides update on the resumption of construction activities at the Lindero gold Project, Argentina
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) provides an update on the resumption of its construction activities at the Lindero gold Project, located in the Province of Salta, Argentina. On March 19, 2020, the Government of Argentina declared a period of mandatory national “social isolation” in relation to COVID-19, effective until March 31, 2020. Construction was temporarily halted at Lindero and a reduced task force remains on site to maintain critical activities including security and environmental monitoring over the extended isolation period (refer to Fortuna news release dated March 20, 2020).
- GlobeNewswire
Fortuna releases 2019 Sustainability Report
Fortuna Silver Mines Inc. (FSM) (FVI.TO) is pleased to announce that it has published its 2019 Sustainability Report prepared under the Global Reporting Initiative Standards. The report highlights the Company’s sustainability strategy, progress and performance against its environmental, social, and governance (ESG) indicators and commitments. Jorge A. Ganoza, President and CEO, commented, “At Fortuna, we are committed to integrate sustainability into our business strategy in an open and transparent manner.”
- GlobeNewswire
Fortuna announces proposed amendments to financial covenants in credit facility
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) provides an update on discussions with its senior lenders to amend the financial covenants contained in its US$150 million credit facility (the “Credit Facility”) (refer to Fortuna news release dated April 2, 2020). The Credit Facility requires the Company to maintain a total debt to EBITDA ratio of not greater than 3:1. As of the financial year ended December 31, 2019, the total debt to EBITDA ratio was 1.7:1.
- GlobeNewswire
Fortuna to release first quarter 2020 financial results on May 14, 2020; Conference call at 12 p.m. Eastern time on May 15, 2020
Fortuna Silver Mines Inc. (FSM) (FVI.TO) announces that it will release its financial statements and MD&A for the first quarter of 2020 on Thursday, May 14, 2020 after the market closes. A conference call to discuss the financial and operational results will be held on Friday, May 15, 2020 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time.
- GlobeNewswire
Fortuna provides an update on its operations at the Caylloma Mine in Peru
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) provides an update on the status of its operations at the Caylloma Mine in Peru (refer to Fortuna news releases dated March 17, 2020 and April 2, 2020), which is continuing to operate and contribute to the local economy during these challenging times for the world. On Sunday, March 15, 2020, the Government of Peru introduced a series of measures to contain the rapid spread of COVID-19 which included a declaration of a fifteen-day period of mandatory national “social isolation”, which has been subsequently extended to May 10, 2020. During this period, the Company has been working under the regulatory framework issued by the Ministerio de Energía y Minas (MINEM) and the Ministerio del Interior (MININTER), which allows mines to operate during this period with essential personnel.
- GlobeNewswire
Fortuna reports production of 1.8 million ounces of silver and 10,101 ounces of gold for the first quarter of 2020
Fortuna Silver Mines Inc. (FSM) (FVI.TO) is pleased to report production results for the first quarter of 2020 from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 1.8 million ounces of silver and 10,101 ounces of gold, plus base metal by-products. Government-mandated constraints on business to curb the spread of COVID-19 in the countries that host our operations, have resulted in reduced production at the Caylloma Mine during the first quarter of 2020, and subsequent to the end of the quarter, have resulted in the suspension of operations at the San Jose Mine.
- GlobeNewswire
Fortuna provides an update on its response to the worldwide spread of COVID-19
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) provides an update on the status of its operations (refer to Fortuna news release dated March 17, 2020), production and cost guidance for 2020 and its financial position in response to the COVID-19 pandemic. On Sunday, March 15, 2020, the Government of Peru introduced a series of measures to contain the rapid spread of COVID-19 which included: the closing of international borders and a declaration of a fifteen-day period of mandatory national “social isolation”. The period of social isolation has been subsequently extended to April 12, 2020.
- GlobeNewswire
Fortuna files Form 40-F, Annual Report
Fortuna Silver Mines Inc. (FSM) (FVI.TO) reports that the Company has filed today its fiscal 2019 annual report on Form 40-F with the U.S. Securities and Exchange Commission (“SEC”). The Form 40-F, which includes the Company’s fiscal 2019 annual audited financial statements, management’s discussion and analysis, and annual information form, is available on the Company’s website and on the SEC’s website. Printed copies of the annual financial statements are available free of charge to Fortuna shareholders upon written request.
- GlobeNewswire
Fortuna Updates Mineral Reserves and Mineral Resources
Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2019 for the Caylloma Mine located in Peru and the San Jose Mine located in Mexico and reiterates the Mineral Reserve and Mineral Resource estimate as of March 31, 2019 for the Lindero Project located in Argentina. Jorge A. Ganoza, President and CEO, commented: “Our infill drill program at Caylloma was successful at replenishing the majority of Mineral Reserves mined in 2019 with higher grade mineralized material.”
- GlobeNewswire
Fortuna announces resumption of operations at its San Jose Mine in Oaxaca
Fortuna Silver Mines Inc. (FSM) (FVI.TO) is pleased to report that the illegal blockade of the roads in the municipality of San José del Progreso which prevented access to the San Jose Mine has been lifted (refer to Fortuna news release dated March 24, 2020). Fortuna is a growth oriented, precious metals producer focused on mining opportunities in Latin America. The Company is selectively pursuing acquisition opportunities throughout the Americas and in select other areas.
- GlobeNewswire
Fortuna reports illegal road blockades affecting its San Jose Mine in Oaxaca
Fortuna Silver Mines Inc. (FSM) (FVI.TO) reports that a group of individuals led by the former mayor of San José del Progreso, in the state of Oaxaca in Mexico, has illegally blockaded Federal Highway 175 and roads in the municipality of San José del Progreso, including access to the San Jose Mine, to protest the action taken by the Electoral Tribunal of the State of Oaxaca in revoking his appointment as mayor. As a result of the illegal blockade, the Company has temporarily halted mining and processing operations at the San Jose Mine. It maintains a taskforce on site to oversee critical activities to support the appropriate safety and environmental systems in place, and to ensure a prompt return to operations when the blockade is lifted.
- GlobeNewswire
Fortuna announces temporary suspension of activities at the Lindero Project
Fortuna Silver Mines Inc. (FSM) (FVI.TO) announces that in the evening of March 19, 2020, the Government of Argentina declared effective at midnight a period of mandatory national “social isolation” in relation to COVID-19, effective until March 31, 2020. The Company is proceeding to orderly and safely demobilize its workforce at the Lindero gold Project in Salta Province, Argentina, in accordance with the Executive Order and the processes implemented for this purpose by the Provincial Government of Salta. As a result, the Company is temporarily suspending construction activities at Lindero for ten days.
- GlobeNewswire
Fortuna provides an update on the status of its operations in response to the worldwide spread of COVID-19
Fortuna Silver Mines Inc. (FSM) (FVI.TO) reports today that it has been closely monitoring the effects of the spread of the coronavirus respiratory disease (COVID-19), particularly in the jurisdictions that host our mining operations. The rapid worldwide spread of COVID-19 is prompting governments to incrementally implement restrictive measures in an attempt to curb the spread of COVID-19. During this period of uncertainty, our priorities are to safeguard the health and safety of our personnel and our local communities; support and enforce government actions to slow the spread of COVID-19; and to assess and mitigate the risks to our business continuity. The Company has activated its Emergency Response Plan.
- GlobeNewswire
Fortuna reports consolidated financial results for full year 2019
(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, March 11, 2020 -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported.
- GlobeNewswire
Fortuna Provides an Update on the Status of Disputed Royalty at the San Jose Mine
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) is pleased to provide an update on the status of the legal proceedings related to a disputed royalty on one of its extracting mining concessions at the San Jose Mine, located in Oaxaca, Mexico. In early February 2020, the Company initiated legal proceedings against the Dirección General de Minas (“DGM”) to contest the procedure taken by the DGM to cancel one of its mining concessions if the disputed royalty plus VAT is not paid before March 15, 2020 (refer to Fortuna news release dated January 29, 2020). The District Court in Mexico City admitted the Company’s legal proceedings and on March 2nd 2020 also granted a permanent stay of execution, which protects the Company from the cancellation of the concession until a resolution by the Court is reached on the legality of the cancellation procedure.
- GlobeNewswire
Fortuna to release fourth quarter and full year 2019 financial results on March 11, 2020; Conference call at 12 p.m. Eastern time on March 12, 2020
Fortuna Silver Mines Inc. (FSM) (FVI.TO) announces that it will release its financial statements and MD&A for the fourth quarter and full year 2019 on Wednesday, March 11, 2020 after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, March 12, 2020 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time.
- GlobeNewswire
Fortuna Issues 2020 Production and Cost Guidance
Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide 2020 production, cost, and capital expenditures guidance for its mining operations in Latin America. Capital investment is estimated at US$17.1 million; including US$12.2 million for sustaining capital expenditures and US$4.9 million for Brownfields exploration programs.
- GlobeNewswire
Fortuna provides update on its Lindero gold Project in Argentina
Fortuna Silver Mines Inc. (FSM) (FVI.TO) is pleased to provide an update on construction, pre-commissioning and commissioning activities at its 100 percent owned Lindero gold Project located in the Province of Salta, Argentina. Construction progress in December and January was delayed due to a shortfall in contractor personnel; however, the Project continues to advance and is now scheduled to transition from construction and commissioning to operations in the second quarter of 2020. Since then, the Company has completed an extensive review of the Project’s remaining schedule through to operations.
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