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

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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).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

You should always think about risks. Case in point, we've spotted 2 warning signs for Fortuna Silver Mines you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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