Fortuna Silver Mines is trading 7.5% higher at $10.28, supported by a broad precious-metals rally.
- Spot silver was reported at $64.22 per ounce, up 3.35% from the previous close; weaker U.S. labor data reduced expectations for further Federal Reserve tightening and supported metals.
- Fortuna’s August 6, 2026, second-quarter update showed strong year-over-year growth but missed analyst revenue and earnings expectations.
- Bitcoin and Ethereum gains were modest; Fortuna is a precious-metals miner, not a crypto-related company.