From Yahoo Finance: 2025-06-07 15:12:00

Fortuna Mining Corp. (NYSE:FSM) experienced a 3.65 percent drop in share prices on Friday, closing at $7.13 per share after investors engaged in profit-taking activities following previous gains. The company, a significant player in gold and silver mining, benefited from higher gold and silver prices on Thursday, with silver reaching a new all-time high. However, gold prices fell by 1.26 percent on Friday, while silver maintained its strength with a 0.92 percent gain. In the first quarter of the year, Fortuna Mining Corp. increased its net income from continuing operations by 130 percent to $67.97 million, with sales rising by 45 percent to $290 million year-on-year. The company is scheduled to hold its annual shareholders’ meeting on June 26 in Vancouver, Canada. Despite ranking 10th on the list of Friday’s worst-performing stocks, Fortuna Mining Corp.’s potential as an investment is acknowledged, but emphasis is placed on AI stocks with greater potential for higher returns and limited downside risk. No promotional or marketing content is included in this summary.



Read more at Yahoo Finance: Why Fortuna Mining Corp. (FSM) Crashed On Friday