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FVI:CC News and Press, Fortuna Silver Mines Inc. From 06/28/22

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Company Name: Fortuna Silver Mines Inc.
Stock Symbol: FVI:CC
Market: TSXC
Website: fortunasilver.com

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FVI:CC - Fortuna reports results of Annual General Meeting and announces the appointment of an additional Director to the Board

VANCOUVER, British Columbia, June 28, 2022 (GLOBE NEWSWIRE) -- Fortuna Silver Mines, Inc. (NYSE: FSM | TSX: FVI) hereby announces the voting results at the Company’s annual general meeting held on June 27, 2022 and announces the appointment of an additional Director to the Bo...

FVI:CC - Fortuna provides construction update at its Séguéla gold Project in Côte d´Ivoire

VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide an update on construction activities at its Séguéla gold Project located in Côte d’Ivoire. In September of 2021, the Company ma...

FVI:CC - Fortuna Silver: Primed For A Major Comeback

I believe FSM is oversold and in a good position for a substantial reversal over the next 12-18 months. If Fortuna can deliver on Séguéla and the mine ramps up as planned, FSM will be aggressively re-rated because it's not close to fully valued in the portfolio. Increase...

FVI:CC - Precious metals plunge as dollar rallies - 'no safety trade anywhere'

Gold and precious metals mining shares offered no refuge from Monday's stock market carnage, as the dollar rallied on the increasing likelihood of steep interest rate hikes by the U.S. Federal Reserve. Front-month Comex gold (XAUUSD:CUR) closed -2.3% to $1,832.10/oz and silver (XAGUSD:CUR) en...

FVI:CC - Fortuna drills 18.3 g/t gold over 11.9 meters at the Séguéla Project, Côte d'Ivoire

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...

FVI:CC - Gold climbs to best close in four weeks as U.S. economy looks soft

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 ...

FVI:CC - 3 Under-the-Radar Commodity Stocks to Buy

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...

FVI:CC - Fortuna Silver Mines: Stuck In The Mud

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....

FVI:CC - Fortuna Silver Mines: Softer Silver Price Will Weigh On Q2 Margins

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...

FVI:CC - Materials Sector Weekly Round-up: Precious metals miners among top gainers; Alto, Ramaco continue to drop on earnings decline

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...

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