Fortuna Silver Mines Full Year 2023 Earnings: US$0.17 loss per share (vs US$0.44 loss in FY 2022)

Date:

Fortuna Silver Mines (TSE:FVI) Full Year 2023 Results

Key Financial Results

  • Revenue: US$842.4m (up 24% from FY 2022).
  • Net loss: US$50.8m (loss narrowed by 60% from FY 2022).
  • US$0.17 loss per share (improved from US$0.44 loss in FY 2022).
TSX:FVI Earnings and Revenue Growth March 8th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fortuna Silver Mines Earnings Insights

Looking ahead, revenue is expected to decline by 7.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 11%.

Performance of the Canadian Metals and Mining industry.

The company’s shares are up 11% from a week ago.

Risk Analysis

We don’t want to rain on the parade too much, but we did also find 2 warning signs for Fortuna Silver Mines that you need to be mindful of.

Valuation is complex, but we’re helping make it simple.

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