Loading...
01/10 16:33
Loading...
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
The company demonstrated strong financial performance with record sales, significant debt reduction, and robust shareholder returns. Positive net cash position and increased liquidity enhance financial stability. Despite some concerns in Q&A about exchange losses and unclear timelines, the overall outlook with stable/lower costs and continued investment in high-value projects is favorable. Given the market cap and recent achievements, a positive stock price movement of 2% to 8% is expected.
Free Cash Flow from Operations $19.6 million, an increase of 69% versus Q3 2024.
Net Cash from Operations $142 million or $0.46 per share, beating analysts’ consensus of $0.40.
Sales Surpassed $1 billion for the first time in full year 2024.
Gold Price $2,660, a 7% increase quarter over quarter.
Revenue $302 million, a 10% increase quarter over quarter.
Cash Cost per Ounce 4% lower quarter over quarter.
Operating Cash Flow Margin Expanded from 33% to 50%.
Debt Reduction Reduced by $118 million, moving from a net debt position of $198 million to a positive net cash position of $59 million.
Cash at Year-End $231 million, a quarter-over-quarter increase of $50 million.
Liquidity Over $381 million at year-end.
Debt Leverage Ratio Under 0.4.
Share Buybacks Returned $30.5 million to shareholders in Q4 2024.
Additional Share Purchases $1.8 million or 400,000 shares in January.
Sales Achievement: For the full year 2024, we surpassed $1 billion in sales for the first time.
Free Cash Flow: In the fourth quarter, the company had record free cash flow from operations of $19.6 million, which represents an increase of 69% versus Q3 2024.
Net Cash from Operations: Our net cash from operations before changes in working capital was also a record $142 million or $0.46 per share, beating analysts’ consensus of $0.40.
Cash Cost per Ounce: Cash cost per ounce was 4% lower, leading to an expansion of operating cash flow margin from 33% to 50%.
Debt Reduction: Since the completion of the Seguela mine construction in mid-2023, we have reduced debt by $118 million, moving from a net debt position of $198 million to a year-end positive net cash position of $59 million.
Cash Position: At year-end, cash was $231 million, a quarter-over-quarter increase of $50 million driven by strong growth in our free cash flow.
Shareholder Returns: We returned $30.5 million to our shareholders via share buybacks in the fourth quarter and followed with additional purchases in January of $1.8 million or 400,000 shares.
Financial Performance: The company reported record free cash flow from operations of $19.6 million, a 69% increase from Q3 2024, and net cash from operations of $142 million, exceeding analysts' expectations.
Debt Management: Fortuna Silver Mines reduced its debt by $118 million, moving from a net debt position of $198 million to a positive net cash position of $59 million.
Market Conditions: The company experienced a 7% increase in gold prices, reaching $2,660, which positively impacted revenue and cash flow.
Cost Management: Cash costs per ounce were reported to be 4% lower, with expectations for stable to lower cash costs in 2025 ranging from $895 to $1,015 per ounce.
Shareholder Returns: The company returned $30.5 million to shareholders through share buybacks in Q4 2024.
Free Cash Flow: Record free cash flow from operations of $19.6 million, a 69% increase versus Q3 2024.
Sales Performance: Surpassed $1 billion in sales for the first time in full year 2024.
Debt Reduction: Reduced debt by $118 million since the completion of Seguela mine construction in mid-2023.
Shareholder Returns: Returned $30.5 million to shareholders via share buybacks in Q4 2024.
Cash Costs Outlook: For full year 2025, stable to lower cash costs expected in the range of $895 to $1,015 per ounce.
AISC Outlook: Stable to lower All-In Sustaining Costs (AISC) expected in the range of $1,550 to $1,680 per ounce.
Net Cash Position: Year-end positive net cash position of $59 million, with cash of $231 million.
Liquidity: Liquidity over $381 million.
Share Buybacks: Returned $30.5 million to shareholders via share buybacks in Q4 2024 and an additional $1.8 million or 400,000 shares in January 2025.
The company's earnings call reveals strong financial metrics, including record free cash flow and a significant increase in net income. Despite an EPS miss, the company has optimistic guidance with planned investments and expansion projects. The Q&A section highlights positive interactions with government bodies and strategic investments. While there are concerns over elevated ASIC, the overall sentiment is positive, with a focus on growth and a strong balance sheet. Given the market cap and the optimistic outlook, a 2% to 8% stock price increase is anticipated.
The earnings call highlights strong financial performance with record free cash flow, improved cost management, and a positive net cash position. The optimistic guidance and strategic divestments further strengthen the outlook. Despite a tragic safety incident and unclear management responses, the overall sentiment remains positive, supported by a robust shareholder return plan and strategic focus on high-value opportunities. Given the small-cap nature of the company, these factors suggest a positive stock price movement in the short term.
The company demonstrated strong financial performance with record sales, significant debt reduction, and robust shareholder returns. Positive net cash position and increased liquidity enhance financial stability. Despite some concerns in Q&A about exchange losses and unclear timelines, the overall outlook with stable/lower costs and continued investment in high-value projects is favorable. Given the market cap and recent achievements, a positive stock price movement of 2% to 8% is expected.
The company demonstrated strong financial performance with record free cash flow, net debt reduction, and surpassing $1 billion in sales for the first time. Positive shareholder returns through buybacks and strategic divestment of non-core assets enhance focus on high-value opportunities. Despite some risks, like regulatory and supply chain challenges, the stable to lower guidance for cash costs and ASIC, along with a strong cash position, suggest a positive outlook. Given the market cap, the stock is likely to react positively, with a predicted price increase of 2% to 8%.
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
