Fortuna Mining's Gold Equivalent Production Rises 1% Y/Y in 2024
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Fortuna Mining's gold equivalent production increased by 1% year-over-year in 2024. However, the company anticipates a decrease in production for 2025 due to the planned sale of the San Jose Mine in the first quarter of 2025.
January 22, 2025 | 5:15 pm
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Fortuna Mining's gold equivalent production increased by 1% in 2024, but a decrease is expected in 2025 due to the sale of the San Jose Mine.
The increase in production for 2024 is positive, but the expected sale of the San Jose Mine, a significant asset, suggests a decrease in production for 2025. This could negatively impact FSM's revenues and stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100