Fortuna reports consolidated financial results for the third quarter 2017

http://www.nasdaq.com/press-release/fortuna-reports-consolidated-financial-results-for-the-third-quarter-2017-20171108-01813

 

VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc.(NYSE:FSM) (TSX:FVI) today reported net income of $10.3 million, Adjusted EBITDA of $30.6 million, and revenue of $64.0 million in the third quarter of 2017.

Jorge A. Ganoza, President and CEO, commented, “We have had yet another quarter of strong operating and financial results at our operating mines in Peru and Mexico, positioning the company well on track to meet our annual production targets and financial objectives.” Mr. Ganoza continued, “Having announced a positive construction decision for our Lindero gold Project in Argentina, we expect free cash flow from our operations to contribute significantly towards the funding of the construction capital requirements.”

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