Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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
VANCOUVER BC V6C 3L6
Tel: N/A
Website: https://www.fortunasilver.com
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