Fortuna Mining Corp FSM

What are this board's opiion for the just released results ?

[tvstock]

and wgat did the brokerages said ? Thanks for any .

[sunsurfer11]

Relatively new to fsm but very familiar with roxgold Results look pretty darn good for the fsm side....should be a cashflow machine moving forward...add roxgold where mgmt always had very predicatable stellar results and i think we should rocket here. the go ahead on new africa mine will be the next good news

[Trevor876]

With Roxgold this is a $700 million a year in top line revenue company. Without Roxgold last year they were $200 million in total I believe. Based on the financials they have $121 million in the bank. Adjusted EBITDA for 6 months of 2021 is $116 million vs $25 million for 6 months 2020. Operating income of $76 million for 6 months of 2021 vs $500,000 for 6 months in 2020. These numbers don't

[Trevor876]

    Three months ended June 30       Six months ended June 30         2021   2020     % Change   2021   2020     % Change

[Trevor876]

Very good results, strong revenue and income increases over last year. Roxgold will add roughly $40 million a quarter to top line revenue next quarter. Stock is way oversold.

[georgemarch]

I agree with others responding.  If one considers the covid problem in Argentina (experienced worst wave during entire q2) the earnings are good. Lindero in high gear in future quarters will be key. We can't forget there were the ROXG transaction costs this quarter totalling 3.5 million.