07:12 AM EST, 03/06/2025 (MT Newswires) -- Fortuna Mining ( FSM ) late on Wednesday reported that it swung from attributable net loss to income in the fourth quarter as sales increased.

Attributable net income was US$11.3 million, or US$0.04 per share, swinging from a loss of US$92.3 million, or US$0.30.

Adjusted attributable net income came in at US$37 million, up from US$20.6 million.

Sales rose to US$302.2 million from US$265.3 million. Adjusted EBITDA also increased to US$137.9 million from US$120.3 million.

The company achieved record gold equivalent production of 455,958 ounces in 2024, meeting the low end of annual guidance.