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Fortuna Silver Mines Achieves Record Cash Flow and Production in 2024

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Fortuna Silver Mines Achieves Record Cash Flow and Production in 2024

Fortuna Silver Mines ( (TSE:FVI) ) just unveiled an update.

Fortuna Silver Mines reported strong financial results for the fourth quarter and full year of 2024, highlighting a record free cash flow of $95.6 million in Q4 and $202.9 million for the year. The company achieved a positive net cash position and returned $30.6 million to shareholders through share repurchases. Operationally, Fortuna produced a record 455,958 gold equivalent ounces in 2024, meeting the low end of its annual guidance, while maintaining strong safety performance with industry-standard safety metrics.

More about Fortuna Silver Mines

Fortuna Silver Mines is a mining company operating in the precious metals industry, primarily focusing on the production of gold and silver. The company is listed on the NYSE and TSX and is known for its operations in various mining projects, contributing to its market presence in the precious metals sector.

YTD Price Performance: -6.55%

Average Trading Volume: 12,575,421

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.34B

Find detailed analytics on FVI stock on TipRanks’ Stock Analysis page.

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