Sunday, 19 May 2024
Trending

Business News

Fortuna Silver Mines Reports Profitable Q1 2024 – TipRanks Financial Blog

Arkema price target lowered to EUR 126 from EUR 131 at Barclays

Fortuna Silver Mines (TSE:FVI) has released an update.

Fortuna Silver Mines Inc. has reported a profitable first quarter in 2024, with a net income of $26.3 million and an increase in adjusted net income from the previous quarter. Despite a reduction in gold and silver production compared to Q4 2023, the company strengthened its financial position by paying down substantial debt and maintaining strong liquidity. Additionally, Fortuna continues to prioritize shareholder returns through a share buyback program.

For further insights into TSE:FVI stock, check out TipRanks’ Stock Analysis page.

Click Here to Read the Full Original Article at TipRanks Financial Blog…