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Fortuna Silver Mines Inc. (T:FVI)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
See Regulatory Filings on SEDAR
Company Contact
Address: SUITE 650, 200 BURRARD ST
Tel: N/A
IR: See website
Key People
Jorge A. Ganoza Durant
President, Chief Executive Officer, Director
Luis Dario Ganoza Durant
Chief Financial Officer
Julien Baudrand
Senior Vice President - Sustainability
Eric Chapman
Senior Vice President - Technical Services
Jose Pacora
Senior Vice President - Special Projects
Manuel Ruiz-Conejo
Senior Vice President - Mining
Paul Weedon
Senior Vice President - Exploration
Paul Andrew Criddle
Chief Operating Officer, West Africa
Cesar Velasco
Chief Operating Officer, Latin America
Business Overview
Fortuna Silver Mines Inc. is a Canada-based precious metals mining company with operations in Argentina, Burkina Faso, Mexico and Peru. The Company is primarily engaged in producing silver and gold minerals. The Company's operated mines and projects include San Jose Mine, Caylloma Mine, Lindero Mine and Yaramoko Mine. The San Jose Mine is an underground silver-gold mine located in the state of Oaxaca in southern Mexico. The Caylloma property is an underground silver, lead and zinc mine located approximately 220 kilometers northwest of the Arequipa Department in southern Peru. Its commercial products are silver-lead and zinc concentrates. The Lindero Mine is a gold and copper mine, which is located in the Argentinian puna. The Company's Yaramoko Mine consists of approximately two underground gold mines: the 55 Zone and Bagassi South. The Yaramoko Mine project is located in the Hounde greenstone belt region in the Province of Bale in southwestern Burkina Faso.
Financial Overview
For the three months ended 31 March 2022, Fortuna Silver Mines Inc revenues increased 55% to $182.3M. Net income decreased 1% to $26.1M. Revenues reflect Mansfield segment increase of 45% to $54.1M, Bateas segment increase of 7% to $26.8M, Argentina segment increase of 45% to $54.1M, Peru segment increase of 7% to $26.8M. Net income was offset by Gain (loss) on derivatives decrease from $1.7M (income) to $4.2M (expense), Selling.
Employees: 2,297 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $1,183M as of Mar 31, 2022
Annual revenue (TTM): $859.02M as of Mar 31, 2022
EBITDA (TTM): $383.40M as of Mar 31, 2022
Net annual income (TTM): $74.40M as of Mar 31, 2022
Free cash flow (TTM): -$53.08M as of Mar 31, 2022
Net Debt Last Fiscal Year: $148.36M as of Mar 31, 2022
Shares outstanding: 292,176,418 as of May 11, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization