Fortuna Silver Mines reports Q4 adjusted EPS 2c, consensus 2c

Reports Q4 revenue $164.7M, consensus $160.7M. Reports silver and gold production of 1,746,746 ounces and 64,112 ounces respectively in Q4. Jorge Ganoza, president and CEO, commented, "Fortuna finished the year in line with production guidance, with only a slight miss in cost guidance at the Lindero Mine in spite of strong inflationary pressures. Our business continued to generate healthy free cash flow from ongoing operations of $69.2 million and adjusted results of $245.5 million in Adjusted EBITDA, and adjusted net income of $42.6 million or $0.15 per share." Mr. Ganoza added, "As we look forward to 2023 we expect to increase production and improve costs in the second half of the year as our new Seguela flagship asset comes into production."