Fortuna Mining's Q3 Earnings Beat Estimates, Rise Y/Y on High Prices

Fortuna Mining Corp. Performance: Fortuna Mining reported a third-quarter adjusted EPS of 16 cents, surpassing estimates and showing a 60% year-over-year increase due to higher gold and silver prices, despite lower sales volumes. Revenues rose 13% to $275 million, while gold equivalent production decreased by 14%.

Pan American Silver and First Majestic Silver Results: Pan American Silver achieved an adjusted EPS of 32 cents, beating expectations, but its revenues fell short of estimates at $716 million. In contrast, First Majestic Silver reported a loss of 3 cents per share, missing forecasts, with total production down 13% year-over-year despite a revenue increase of 10%.