Fortuna Silver Mines Hits Day High with 10.97% Surge in Stock Price

Fortuna Silver Mines, Inc. has experienced a significant surge in its stock performance, gaining 10.97% on February 24, 2026. The stock reached an intraday high of CAD 18.75, reflecting strong momentum in the market. Over the past week, Fortuna Silver has outperformed the S&P/TSX 60 with a remarkable 23.57% increase compared to the index's 2.02%. In the last month, the stock has risen by 16.53%, while its year-to-date performance stands at 38.36%, significantly surpassing the S&P/TSX 60's 5.16%. Over the past year, Fortuna Silver has shown an impressive growth rate of 196.34%, compared to the index's 27.5%. The company's financial health is underscored by a strong EBIT to Interest ratio of 13.93, indicating robust debt servicing capabilities. Additionally, Fortuna Silver has reported positive results for the last four consecutive quarters, with net sales growing at an annual rate of 38.89%. The stock's attractive valuation is further supported by a return on equity of 12.71% and a price-to-book ratio of 1.64, positioning it favorably within the gems, jewellery, and watches industry.