Fortuna Silver Mines auf Allzeithoch !
Seite 1 von 2 Neuester Beitrag: 28.10.24 07:24 | ||||
Eröffnet am: | 10.10.05 13:21 | von: quohelet | Anzahl Beiträge: | 50 |
Neuester Beitrag: | 28.10.24 07:24 | von: PolluxEnergy | Leser gesamt: | 36.755 |
Forum: | Hot-Stocks | Leser heute: | 21 | |
Bewertet mit: | ||||
Seite: < 1 | 2 > |
https://www.bnnbloomberg.ca/video/...ses-fortuna-silver-mines~2364903
Financial
Net income4 of $27.5 million or $0.09 per share, compared to $3.1 million or $0.01 per share in Q2 2023
Adjusted net income4,1 of $29.6 million or $0.10 per share, compared to $2.5 million or $0.01 per share in Q2 2023
Adjusted EBITDA1 of $104.6 million, compared to $44.4 million in Q2 2023
Net cash provided by operating activities of $106.5 million and free cash flow from ongoing operations1 of $70.0 million, compared to $44.2 million and $9.5 million, respectively, in Q2 2023
Company paid down $40.0 million of its revolving credit facility. At the close of the quarter total net debt was $133.4 million and the total net debt to adjusted EBITDA ratio1 was 0.5
Liquidity as of September 30, 2023 was $162.3 million5, compared to $97.9 million at the end of Q2 2023
Operational
Gold production of 94,821 ounces, compared to 64,348 ounces in Q2 2023
Silver production of 1,680,751 ounces, compared to 1,262,561 ounces in Q2 2023
Gold equivalent6 production of 128,671 ounces, compared to 93,454 ounces in Q2 2023
Consolidated cash costs1 per ounce of gold equivalent sold of $814, compared to $968 in Q2 2023
Consolidated all-in sustaining costs (AISC)1 per ounce of gold equivalent sold of $1,312, compared to $1,799 in Q2 2023
Year to date Lost Time Injury Frequency Rate (LTIFR) of 0.38 and Total Recordable Injury Frequency Rate (TRIFR) of 0.86.
Growth and Development
The third quarter was the first full reporting period for the Séguéla Mine
The acquisition of Chesser Resources Limited and its Diamba Sud project was completed on September 20, 2023 (Refer to the News Release dated September 20, 2023).
Jorge A. Ganoza, President and CEO, commented, “Fortuna has delivered record production and financial results for all its key metrics driven by the first full quarter contribution of our flagship Séguéla gold mine.” Mr. Ganoza continued, “Compared to the first half of the year, the reduction in our consolidated all-in sustaining cost to $1,312 is primarily the result of Séguéla’s industry leading AISC of $788 per ounce, abating inflation, optimization initiatives across the business, and higher gold production at the Yaramoko mine driven by new high grade zones.” Mr. Ganoza concluded, “As we shift from a two-year capital-intensive phase to strong free cash flow generation, we will prioritize strengthening our balance sheet through debt reduction and advancing high value opportunities in our exploration portfolio. We currently maintain eleven drill rigs turning across our properties including three at our newly acquired Diamba Sud gold project in Senegal.”
Oben der link zu einem entsprechenden Artikel!