Fortuna second quarter revenue rallies 38% to $318.4 million
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- Fortuna reported Q2 2026 sales of $318.4 million, up 38%, with adjusted EBITDA reaching $200.8 million.
- Adjusted attributable net income was $75.5 million, or $0.25 per share, but declined from $111.0 million in Q1.
- The company advanced Diamba Sud and Séguéla projects that it said could increase annual production by 60%.
Fortuna (NYSE:FSM) reported Q2 2026 sales of $318.4 million, up 38%, and adjusted EBITDA of $200.8 million.
Adjusted attributable net income reached $75.5 million, or $0.25 per share, up from $44.7 million annually but below Q1’s $111.0 million.
Production totaled 72,217 gold-equivalent ounces, while free cash flow reached $85.7 million despite AISC increasing to $2,157 per ounce.
Fortuna said second-half costs should decline and its projects could lift production 60% above 500,000 ounces annually.
Following the announcement, Fortuna's share price was up at $9.60 in after-hours trading.
The company completed a positive Diamba Sud feasibility study and approved a 30% expansion of the Séguéla processing plant.
Fortuna returned $82.1 million during Q2 and $106.6 million year to date through repurchases of 10.8 million shares.
