Fortuna Mining Corp. (NYSE:FSM) is one of the stocks that bleed heavily.
Fortuna Mining declined by 4.78 percent on Monday to end at $6.58 apiece as investors unloaded positions ahead of the company’s second quarter earnings results.
Based on its historical earnings reporting dates, Fortuna Mining Corp. (NYSE:FSM) will release its financial and operating results in the first week of August 2025.
In recent news, the company reported robust production results in the second quarter of the year, booking 61,736 ounces of gold produced, or 10 percent higher than the 56,000 ounces in the same period last year. The figure was also higher by 4.9 percent than the 58,820 ounces in the first quarter of the year.
Aerial view of miners extracting precious metal deposits in a quarry.
Meanwhile, Gold equivalent production from ongoing operations ended at 71,229 ounces compared with 71,368 gold equivalent ounces (GEO) in the second quarter of 2024 and 70,386 in the first quarter of the year.
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Disclosure: None. This article is originally published at Insider Monkey.