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Fortuna Mining Second Quarter 2024 Earnings: EPS: US$0.13 (vs US$0.011 in 2Q 2023)

editorial-team@simplywallst.com (Simply Wall St)
·1 min read

Fortuna Mining (TSE:FVI) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$260.0m (up 64% from 2Q 2023).

  • Net income: US$40.6m (up by US$37.5m from 2Q 2023).

  • Profit margin: 16% (up from 2.0% in 2Q 2023).

  • EPS: US$0.13 (up from US$0.011 in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fortuna Mining shares are down 12% from a week ago.

Valuation

Fortuna Mining's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.