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Fortuna Silver Mines Inc. - FSM STOCK NEWS

Welcome to our dedicated news page for Fortuna Silver Mines (Ticker: FSM), a resource for investors and traders seeking the latest updates and insights on Fortuna Silver Mines.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fortuna Silver Mines's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fortuna Silver Mines's position in the market.

News
Rhea-AI Summary
Fortuna Silver Mines Inc. (FSM) has filed its fiscal 2023 annual report on Form 40-F with the SEC, containing audited financial statements and management's discussion. Shareholders can access the report on the company's website or SEC's website.
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Rhea-AI Summary
Fortuna Silver Mines Inc. (FSM) will attend Gold Forum Europe 2024 in Zürich, Switzerland, with Jorge A. Ganoza presenting on April 9. The event will be held from April 8 to 10, 2024, at the Park Hyatt.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
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conferences
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Rhea-AI Summary
Fortuna Silver Mines Inc. provides updates on exploration programs at Séguéla Mine in Côte d’Ivoire and Diamba Sud Gold Project in Senegal. Significant discoveries at both sites, including high-grade intersections and successful drilling results, highlight the potential for underground mining and resource expansion. The company's ongoing drilling programs aim to enhance resource confidence, test satellite opportunities, and extend mineralized zones beyond historic pit shells.
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Rhea-AI Sentiment
End-of-Day
4.94%
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Rhea-AI Summary
Fortuna Silver Mines Inc. reported its financial results for Q4 and full year 2023, highlighting a net loss of $92.3 million for the quarter, record gold equivalent production, and a strong operational performance. The company's liquidity stood at $213.1 million as of December 31, 2023.
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Rhea-AI Sentiment
End-of-Day
5.88%
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earnings
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Rhea-AI Summary
Fortuna Silver Mines Inc. (FSM) to release financial statements for Q4 and full year 2023. Conference call scheduled for March 7, 2024, with key executives participating.
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-0.74%
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earnings
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Rhea-AI Summary
Fortuna Silver Mines, Inc. provides its updated Mineral Reserve and Mineral Resource estimates as of December 31, 2023, reporting decreases in consolidated Proven and Probable Mineral Reserves and Measured and Indicated Resources year-over-year. The primary drivers for these changes are production-related depletion in 2023 and the application of higher cut-off values due to increased operational costs.
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Rhea-AI Sentiment
End-of-Day
-1.39%
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Rhea-AI Summary
Fortuna Silver Mines Inc. announces its greenhouse gas emissions reduction targets, including a 15% reduction in Scope 1 and Scope 2 GHG emissions by 2030 and a commitment to achieving net-zero GHG emissions by 2050. The company plans to achieve these targets through electrification, increased use of renewable energy, and other initiatives across its global operations.
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-1.65%
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Rhea-AI Summary
Fortuna Silver Mines Inc. reports record gold and silver production for the full year 2023, with 326,638 ounces of gold and 5,883,691 ounces of silver produced. However, there was a 15% decrease in silver production compared to 2022. The company also provided 2024 production and cost guidance, projecting an increase in gold production of between 5 and 18 percent compared to 2023, and a projected decrease of between 32 and 21 percent in silver production.
Rhea-AI Impact
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End-of-Day
-11.58%
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Rhea-AI Summary
Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) has reported a reduction of approximately $50 million in total net debt at the end of the fourth quarter of 2023, bringing the leverage ratio below 0.5 times total net debt to adjusted EBITDA. The estimated total net debt and liquidity for Fortuna as at the end of the fourth quarter of 2023 is preliminary financial information and has been prepared by management.
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Rhea-AI Sentiment
End-of-Day
3.64%
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Rhea-AI Summary
Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) provides an update on its exploration programs at the Séguéla Mine in Côte d’Ivoire, the Diamba Sud Gold Project in Senegal, and the San Jose Mine in Mexico. The company reports high-grade gold and silver results from its drilling programs, indicating potential for long-term underground mining at various deposits.
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Rhea-AI Sentiment
End-of-Day
-3.54%
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Fortuna Silver Mines Inc.

NYSE:FSM

FSM Rankings

FSM Stock Data

1.14B
303.29M
0.77%
44.49%
1.69%
Silver Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Vancouver

About FSM

fortuna silver mines is positioned for sustainable growth with two, 100%-owned operating silver mines and extensive property holdings in peru and mexico. formed in 2005, the company has established a reputation as an efficient mine builder and operator. today, fortuna is one of latin america's fastest-growing silver producers with production forecast to grow from 2.5 million ounces of silver and 7,000 ounces of gold, plus base metals, in 2011 to approximately 5 million oz of silver and 26,000 oz of gold, plus base metals by 2014. fortuna's land package of 87,000 hectares offers attractive opportunities for driving organic growth. a 44,000-meter drill program is underway to examine multiple silver and gold targets at the san jose and caylloma mines.ver menos