FSM News and Press, Fortuna Silver Mines Inc From 06/07/22

VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide an update of its Sunbird exploration program at the Séguéla gold Project located in Côte d’Ivoire. Paul Weedon, Senior Vice P...

Gold posted its highest close in nearly a month on Thursday, gaining as investors sought the safe-haven asset after the latest U.S. economic data signaled a softening economy and a tight job market, while Treasury yields and the dollar fell. Comex gold (XAUUSD:CUR) for August delivery closed ...

U.S. stock markets ended last week with heavy losses, as runaway inflation dampened investors’ confidence. In Canada, the TSX showed more grit and resiliency, with seven of the 11 primary sectors advancing on May 20, 2022. Some market observers are bullish on commodity stocks, pa...

Fortuna's revenues were $182.33 million in 1Q22, up 54.8% yearly. Net income of $27.0 million or $0.09 per share, compared to $26.4 million or $0.14 last year. For 1Q22, Fortuna Silver Mines produced 1,670,128 ounces of silver and 66,800 ounces of gold. Production was up sequentially....

Fortuna Silver released its Q1 results earlier this month, reporting quarterly production of ~66,800 ounces of gold and ~1.67 million ounces of silver. While gold production was up sharply and costs improved sequentially at Yaramoko, we saw meaningful degradation in margins for the co...

The S&P Materials sector closed this trading week in green at +1.95%, one of the top gainers for the five-day period. The Materials Select Sector SPDR (NYSEARCA:XLB) was also up +1.01%. Copper prices extended recent gains on Friday on optimism about a revival of demand in top me...

Mining shares are surging on Thursday as gold prices bounce, with a drop in the U.S. dollar and Treasury yields combining with weakness in risk assets amid worries about global growth. The VanEck Gold Miners ETF (NYSEARCA:GDX) +5.5% for its biggest intraday gain since February, led by surges ...

Image source: The Motley Fool. Fortuna Silver Mines (NYSE: FSM) Q1 2022 Earnings Call May 12, 2022 , 12:00 p.m. ET Operator Continue reading For further details see: Fortuna Silver Mines (FSM) Q1 2022 Earnings Call Transcript

Gold and other precious metals plunged on Thursday, as roaring inflation lifted the ICE Dollar Index near 20-year highs. June Comex gold (XAUUSD:CUR) closed -1.6% at $1,824.60/oz, the lowest settlement value since February 7, according to Dow Jones Market Data. "The dollar has firmly put...

Fortuna Silver Mines Inc. (FSM) Q1 2022 Earnings Conference Call May 12, 2022 12:00 PM ET Company Participants Carlos Baca - Director, IR Jorge Alberto Ganoza - President and CEO Luis Dario Ganoza - CFO Cesar Velasco - COO, Latin America Paul Criddle - COO, West Africa Conference Call Partici...