15 Stocks That Stole The Show Last Week

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11. Fortuna Mining Corp. (NYSE:FSM)

Fortuna Mining increased by 21.88 percent week-on-week as investors snapped up shares in the company following silver prices’ surge to a new all-time high.

Last Thursday, silver futures rose as high as $36.27 per troy ounce, notching its highest price so far since 2012 as investors sought refuge in precious metals amid the ongoing trade tensions globally.

The higher prices spilled over into mining stocks such as Fortuna Mining Corp. (NYSE:FSM), which heavily focuses on silver production.

In the first quarter of the year, Fortuna Mining Corp. (NYSE:FSM) grew its net income from continuing operations by 130 percent to $67.97 million from $29.5 million in the same period last year.

Sales rose by 45 percent to $290 million from $200.9 million year-on-year.

Fortuna Mining Corp. (NYSE:FSM) is expected to hold an annual shareholders’ meeting at 10 AM PDT on June 26 in Vancouver, Canada.

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