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0 0 0.0322580645161291 0.0322580645161291 -0.068100358422939 0.021505376344086 0.021505376344086 -0.053763440860215
Stock impact report

Fortuna reports consolidated financial results for first quarter 2019

Fortuna Silver Mines Inc Ordinary Shares (Canada) (FSM) 
Last fortuna silver mines inc ordinary shares (canada) earnings: 3/11 06:56 pm Check Earnings Report
US:NYSE Investor Relations: fortunasilver.com/investors
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, May 14, 2019 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported net income of $2.2 million, adjusted net income of $8.4 million, and adjusted EBITDA of $23.8 million for the first quarter of 2019. Jorge A. Ganoza, President and CEO, commented, “Production and cash costs at our Caylloma and San Jose mines for the first quarter underpin a solid start for the year with EBITDA margins of 40 percent. Our cash flow generation objectives remain on track to continue contributing to the funding of our Lindero gold project in Argentina.” Mr. Ganoza continued, “As of the end of April, Lindero construction progress is at 47 percent completion, with 97 percent of the direct capital expenditures committed, and 61 percent of the total projected capital spent.” Mr. Ganoza added, “With mine preparation set to be concluded in May and construction of the crushing and leach pad facilities advancing according to schedule, we plan to initiate Show less Read more
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