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Fortuna Silver reports net income of $27 million in first quarter

From kitco.com

Fortuna Silver Mines (TSX: FVI) announced Wednesday its Q1 2022 gold and silver production of 66,800 ounces and 1,670,128 ounces, respectively, an increase of 93% and a decrease of 13% respectively compared to Q1 2021. The company said that all mine operations performed in line with annual guidance projections. The company added it continues to monitor the impact of inflationary pressures on its cost structure and any deviation this could create from the guidance the company issued at the beginning of the year. The company's operating income for the three months ended March 30, 2022 was $40.7 million, a slight ... (full story)

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  • Category: Fundamental Analysis