Brief: Fortuna Reports Loss Per Share $0.52 For Fourth Quarter 2022

Fortuna Mining

16/03/2023 03:06

March 15 (Reuters) - Fortuna Silver Mines Inc  FVI.TO :
    * FORTUNA REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL
YEAR
2022
    * SILVER AND GOLD PRODUCTION OF 1,746,746 OUNCES AND 64,112
OUNCES
RESPECTIVELY IN Q4 2022
    * FORTUNA SILVER MINES  - QTRLY LOSS PER SHARE $0.52
    * ADJUSTED NET INCOME OF $7.2 MILLION OR $0.02 PER SHARE IN
Q4
2022
    * SALES FOR Q4 WERE $164.7 MILLION, A $34.2 MILLION DECREASE
FROM
$198.9 MILLION REPORTED IN SAME PERIOD IN 2021
    * INCURRED NET IMPAIRMENT OF $85.4 MILLION AT YARAMOKO
RESULTING
FROM IMPACT OF INFLATION ON OPERATING AND CAPITAL COSTS IN Q4

Source text for Eikon:  ID:nGNX6r3Yvj 
Further company coverage:  FVI.TO 

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