A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Most Powerful Force Impacting Stock Prices Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. ...

Production was mainly focused on the Antenna pit which produced 364,491 tonnes of ore to provide higher grade feed to the processing plant during the power supply issues detailed below. Mining at the Ancien and Koula pits provided the balance of ore production with 1,645,716 tonnes of the waste stripping occurring there. Processing During the second quarter of 2024, ore mined was 1.8 million tonnes, with a stripping ratio of 0.7:1. A total of 1.4 million tonnes of ore were placed on the leach pad at an aver ...

VANCOUVER, British Columbia, July 09, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) reports production results for the second quarter of 2024 from its five operating mines in West Africa and Latin America. Gold equivalent production of 116,570 ounces1; a 25 percent increase compared to Q2 2023 (93,454 oz Au Eq)2 and a 4 percent increase compared to Q1 2024 (112,543 oz Au Eq)3 Gold production of 92,716 ounces; a 44 percent increase over Q2 2023 (64,348 oz Au)2 and a 3 percent increase com ...

Fortuna Silver Mines (FSM) closed at $4.89 in the latest trading session, marking a +0.2% move from the prior day. This move outpaced the S&P 500's daily loss of 0.41%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 0.71%. Investors should also pay attention to any latest changes in analyst estimates for Fortuna Silver Mines. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence i ...

All drilling data completed by the Company utilized the following procedures and methodologies. All drilling was carried out under the supervision of the Company's personnel. All diamond drilling (DD) drill holes started with HQ sized diameter, before reducing to NQ diameter diamond drill bits on intersecting fresh rock. The core was logged, marked up for sampling using standard lengths of one meter or to a geological boundary. Samples were then cut into equal halves using a diamond saw. One half of the cor ...

Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, "Drilling at Karakara continues to improve our understanding of the prospect's potential, returning several high-grade intercepts including a highlight intersection of 31.3 g/t Au over an estimated true width of 12.0 meters in drill hole DSDD243. The exploration team is looking forward to utilizing the improved understanding of the geological controls on gold mineralization to further advance the regional exploration programs." Mr. Wee ...

Fortuna Silver Mines (FSM) is a stock many investors are watching right now. FSM is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 12.79. This compares to its industry's average Forward P/E of 33.07. Over the past year, FSM's Forward P/E has been as high as 7,184.73 and as low as -8,857.34, with a median of 7.73. Finally, our model also underscores that FSM has a P/CF ratio of 8.25. This metric focuses on a firm's operating cash flow and is o ...

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VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI) hereby announces the voting results at the Company's annual and special meeting of shareholders held on June 20, 2024 (the "Meeting"). A total of 153,562,018 common shares were represented at the Meeting, being 50.16% of the Company's issued and outstanding common shares as at the record date. Shareholders voted in favor of all matters brought before the Meeting, including the appointment of audit ...

Detailed results of the votes on the election of directors are as follows: It is anticipated that the Company's common shares and the 4.65% senior subordinated unsecured convertible debentures (the "4.65% Debentures") will commence trading under the Company's new name within two to five business days after the name change, subject to the satisfaction of conditions acceptable to the Toronto Stock Exchange (the "TSX") and the New York Stock Exchange (the "NYSE"). There will be no change to the ticker symbols ...