Fortuna Mining (FSM) Q2 Earnings Miss, Revenues Surge Y/Y
FSMFortuna(FSM) ZACKS·2024-08-14 02:15

Fortuna Mining Corp. (FSM) reported second-quarter 2024 earnings per share of 13 cents, which missed the Zacks Consensus Estimate of 16 cents. The figure, however, marked a substantial improvement from the year-ago quarter’s earnings per share of 1 cent, driven by higher gold sales volume, and gold and silver prices.After adjusting for non-cash and non-recurring items, adjusted attributable net income was 30.4millioncomparedwith30.4 million compared with 2.5 million in the year-ago quarter.Fortuna Mining’s revenues surged 64% y ...