March 18, 2021
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Fortuna Silver Mines Inc. [NYSE: FSM] jumped around 0.92 points on Thursday, while shares priced at $7.62 at the close of the session, up 13.73%. The company report on January 19, 2021 that Fortuna reports 2020 full year production of 11.3 million silver equivalent ounces and issues 2021 guidance.
Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports production results for the fourth quarter and full year 2020 from its three operating mines in Latin America, the San Jose Mine in Mexico, the Caylloma Mine in Peru, and the Lindero Mine in Argentina. For the full year 2020, the Company produced 7,133,717 ounces of silver and 55,349 ounces of gold or 11.3 million silver equivalent1 ounces. The Company withdrew its production and cost guidance for 2020 in early April due to the COVID-19 pandemic and the temporary shutdown of operations mandated by governments in Mexico and Argentina (refer to Fortuna news release dated April 2, 2020). Due to the uncertainties related to the impact caused by COVID-19 constraints on Fortuna’s business and operations, the Company chose not to issue a revised guidance when operations and activities re-started in Mexico and Argentina.