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Stock impact report

Fortuna reports financial results for the first quarter of 2024 [Yahoo! Finance]

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: Yahoo! Finance
VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the first quarter of 2024. First Quarter 2024 highlights Financial Attributable net income of $26.3 million or $0.09 per share, compared to a $92.3 million attributable net loss or $0.30 per share in Q4 2023 Adjusted attributable net income of $26.7 million or $0.09 per share, compared to $20.6 million or $0.07 per share in Q4 2023 Generated $84.3 million of cash flow from operations before working capital changes, and free cash flow from ongoing operations of $12.1 million, compared to $105.4 million and $66.2 million, respectively, in Q4 2023 The Company paid down $40.0 million of its revolving credit facility. At the close of the quarter total net debt was $83.0 million and the total net debt to adjusted EBITDA ratio was 0.2:1 Liquidity as of March 31, 2024 was $212.7 million Show less Read more
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