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FX.co ★ Fortuna's Gold Production Slips In Q4

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typeContent_19130:::2025-01-21T11:16:00

Fortuna's Gold Production Slips In Q4

Fortuna Mining Corp. (FSM) released its fourth-quarter production update from its five active mines located in Latin America and West Africa. In this quarter, gold production reached 95,993 ounces, reflecting a decline from the previous year's total of 107,376 ounces. Meanwhile, silver production amounted to 843,611 ounces, a decrease compared to 1,354,003 ounces produced in the prior year.

Looking forward to the full-year projections for 2025, Fortuna anticipates gold production to be within the range of 334,000 to 373,000 ounces. Silver production is expected to range from 0.9 to 1.0 million ounces.

In pre-market trading on the New York Stock Exchange, Fortuna's stock is priced at $4.33, marking a 1.88% increase.

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