Update: Fortuna Mining Shares Fall After Q3 Gold Equivalent Production Declines
MT newswire2026/10/07 19:3903:39 PM EDT, 10/07/2026 (MT Newswires) -- (Updates with recent stock movement in the headline and the first paragraph.) Fortuna Mining (FSM) shares fell 9.5% in Wednesday trading after it reported Q3 production of 69,665 gold equivalent ounces, down from 72,462 a year earlier. Nine-month output totaled 214,754 GEO, keeping the miner on track for its 281,000-305,000 GEO guidance, the company said. Seguela output slid to 33,744 ounces after contractor equipment problems and an artisanal miner blockade, it said. The company said its board approved a $109 million Seguela plant expansion, targeting over 200,000 ounces annually from H2 2028. Price: 10.12, Change: -1.07, Percent Change: -9.53
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