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Fortuna Silver Mines (FSM) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-29 07:20
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%. Heading into today, shares of the silver and gold miner had lost 21.67% over the past month, lagging the Basic Materials sector's loss of 4.9% and the S&P 500's gain of 3.53% in that time. Analysts and investors alike will be keeping a close eye on the performance of ...
Fortuna intersects 31.3 g/t gold over 12.0 meters from the Karakara Prospect at the Diamba Sud Gold Project
Newsfilter· 2024-06-25 17:00
VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal. 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 ...
Fortuna intersects 31.3 g/t gold over 12.0 meters from the Karakara Prospect at the Diamba Sud Gold Project
GlobeNewswire News Room· 2024-06-25 17:00
VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal. 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 ...
Should Value Investors Buy Fortuna Silver Mines (FSM) Stock?
ZACKS· 2024-06-24 22:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional v ...
The 3 Most Underrated Stocks Under $10 to Buy in June 2024
Investor Place· 2024-06-22 18:45
Investing in the stock market often involves seeking out undervalued gems. For savvy investors, underrated stocks under $10 to buy can present an attractive opportunity. In June 2024, there are several candidates in this category that are poised to outperform. The current market environment, characterized by a resilient economy, slowing inflation and shifts in commodity markets presents a unique set of opportunities. Factors such as improving financials, strategic business models and favorable market trends ...
Fortuna reports results of Annual and Special Meeting
Newsfilter· 2024-06-21 06:59
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 auditors ...
Fortuna reports results of Annual and Special Meeting
GlobeNewswire News Room· 2024-06-21 06:59
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 auditors ...
Fortuna intersects 23.7 g/t gold over 17.8 meters from the Kingfisher Prospect at the Séguéla Mine
Newsfilter· 2024-06-20 17:00
VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM, TSX:FVI) is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d'Ivoire. Séguéla exploration program highlights: Kingfisher Prospect SGDD133: 23.7 g/t Au over an estimated true width of 17.9 meters from 113 meters SGRC1795: 6.0 g/t Au over an estimated true width of 11.9 meters from 23 meters SGRC1833: 6.4 g/t Au over an estimated true width of 19.6 meters from 119 meters SGRC ...
Fortuna Completes Offering of Convertible Senior Notes
Newsfilter· 2024-06-10 22:35
VANCOUVER, British Columbia, June 10, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (TSX:FVI) (NYSE:FSM) ("Fortuna" or the "Company") has closed its previously announced offering of 3.75% convertible senior notes due 2029 (the "Notes") in an aggregate principal amount of US$172.5 million (the "Offering"), which includes exercise of the full amount of the option to purchase an additional US$22.5 million aggregate principal amount of Notes. The initial conversion rate for the Notes is 151.7220 common sha ...
3 Reasons Why Growth Investors Shouldn't Overlook Fortuna (FSM)
ZACKS· 2024-06-07 01:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks bey ...