Yesterday we noted the lacklustre production numbers from Endeavour Silver (EDR.to), today it’s Fortuna Silver (FSM) (FVI.to), but these numbers are strong.
Here’s the most important chart, that of silver quarterly production:
Here’s the minor gold credit chart:
The throughput upgrade at San José is the key to these new record numbers, of course. The only issue is that at CAD$6.47 the production upgrades are fully baked into the pie, but that’s a problem only for us market parasites, let’s take nothing away from laudable execution of plans at the company. NR here.