Nov. 6 at 3:16 AM
$FSM Fortuna Silver Mines reported a solid third-quarter performance in 2025, with significant green flags indicating strong operational and financial health. The company generated
$73.4 million in free cash flow, a
$16 million increase from Q2, benefiting from higher gold prices and consistent mine performance. Cash costs remained under
$1,000 per ounce, and All-In Sustaining Costs (AISC) were on track with guidance. Lindero’s AISC showed a downward trend, with similar improvements expected at Séguéla. The company’s balance sheet strengthened, with liquidity increasing to
$588.3 million and net cash rising to
$265.8 million, positioning Fortuna well for growth. Additionally, attributable net income from continuing operations was up 26% QoQ to
$123.6 million, and adjusted EBITDA margin remained strong at 52%, despite a rise in share-based compensation and FX losses.
