11:38 AM EDT, 04/30/2025 (MT Newswires) -- (Adds detail and updates shares.)

Fortuna Mining ( FSM ) said Wednesday that the Toronto Stock Exchange approved the renewal of its normal course issuer bid (NCIB) to repurchase up to 5% of its outstanding shares.

Under the NCIB, Fortuna can repurchase up to 15.35-million shares for cancellation from Friday to May 1, 2026.

Under the company's existing NCIB, which expires Thursday, it repurchased 7.32 million of an allowed 15.29-million shares.

Fortuna's shares were last seen up $0.12 to $8.51 on the Toronto Stock Exchange.

Price: 8.54, Change: +0.15, Percent Change: +1.79