Stock Track | Fortuna Silver Mines Soars 5.17% Intraday on Strong Q4 Earnings Beat and Analyst Buy Rating

Stock Track02-19

Fortuna Silver Mines (FSM) saw its stock price surge 5.17% during intraday trading on Thursday, driven by positive quarterly results and analyst optimism.

The mining company reported fourth-quarter adjusted earnings of $0.23 per share, meeting analyst estimates and marking a significant increase from $0.06 per share in the same period last year. Quarterly sales of $270.2 million also exceeded market expectations, providing a solid fundamental boost to investor sentiment.

Adding to the positive momentum, Scotiabank analyst Eric Winmill maintained a Buy rating on Fortuna Mining Corp with a price target of $14.00, reinforcing confidence in the stock's future performance.

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