- Fortuna Silver Mines Press Release (NYSE:FSM): Fourth quarter non-GAAP EPS of $0.07 missing by $0.04.
- Revenues of $265.3 million (+61.1% y/y) beats by $8 million.
- Net cash provided by operations for the quarter was $105.1 million, or $0.36 per share in the fourth quarter of 2023.
- Free cash flow from ongoing operations1 of $66.2 million in the fourth quarter of 2023.
- Record gold equivalent production of 136,154 ounces in the fourth quarter of 2023 and record annual gold equivalent production of 452,389 ounces; representing increases of 6 and 13% compared to the respective 2022 periods.
- Record gold production of 107,376 ounces in the fourth quarter of 2023 and 326,638 ounces for the full year of 2023.
- Silver production of 1,354,003 ounces in Q4 2023 and 5,883,691 ounces for full year 2023.
- Consolidated cash cost per gold equivalent ounce of $840 in Q4 2023 and $874 for full year 2023.
- Consolidated AISC per gold equivalent ounce of $1,509 for the fourth quarter of 2023 and $1,508 for the full year of 2023.
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