Adrian Day

Adrian Day Asset Management
http://adrianday.com

Recent Articles about Fortuna Mining Corp.

The New Gold Buyer on the Block: What Are They up To? 12/22/2025

Global Analyst Adrian Day looks at Tether and what its plans are in the gold market, specifically with the junior royalty companies in which it has been building positions. He also looks at the latest developments in several of the companies on his list.

Fuel Add to the Barrick Break-up Speculation 12/01/2025

Global Analyst Adrian Day reviews recent developments at several of his companies, including more speculation around Barrick, a reserve expansion, and another move by Tether.

Gold Companies Report Strong Earnings, With Costs Under Control 11/18/2025

Global Analyst Adrian Day reviews third-quarter results from several companies, including the major royalty companies, which were strong across the board. There are also some meaningful royalty purchases reported.

Has Gold Seen Bottom? This Expert Doesn't Think So 11/17/2025

Gold rose more than 60% this year, cracking the US$4,300 barrier for the first time. It has since cooled and some may wonder if the pullback means the end of this bull market, but Global Analyst Adrian Day told Streetwise Reports believes that the current prices are "definitely not the top."

Fortuna's Next Mine Advances 10/27/2025

Global Analyst Adrian Day reviews developments at several companies, including looking at preliminary third-quarter results from several.

BDCs Oversold on Exaggerated Concerns: Buy for High Yields 10/20/2025

Global Analyst Adrian Day looks at the sharp decline in the stock prices of Business Development Companies, as well developments at his companies, including preliminary 3Q results from many gold companies.

Companies Doing Well Amid Strong Cash Flows 10/06/2025

Global Analyst Adrian Day reviews more of the presentations and meetings he had in Colorado earlier in the month.

Are Investors Returning to Gold Stocks? 09/08/2025

Global Analyst Adrian Day looks at a possible change in the gold market, as well as reviews the last quarter's earnings reports for clues as to the next quarter's winners.

A Rate Cut Ahead in September: Was This Really News? 09/02/2025

Global Analyst Adrian Day discusses the market's reaction to Powell's major speech; was it an overreaction? He also looks at recent developments at a couple of companies on his list.

Another Record for Franco-Nevada, With New Assets To Boost Second Half 08/25/2025

Global Analyst Adrian Day reviews quarterly earnings from most remaining companies, including some of his favorites. Day also looks at developments affecting other companies on his list.

Gold Company Earnings Set New Records 08/18/2025

Global Analyst Adrian Day looks at the quarterly earnings results from several gold companies, both miners and royalty companies.

Orogen Transaction Closes, as Big Success 07/21/2025

Global Analyst Adrian Day reviews recent developments at several companies on his list, including the closing of long-term and repeated recommendation Orogen Royalties Inc. (OGN:TSXV; OGNRF:OTCQX).

Fortuna Is a Buy After Market Misreads Strong Results 05/19/2025

Several gold mining and royalty companies reported first-quarter earnings, with a slew of strong results. For the most part, the stocks responded positively on top of already strong price appreciating, leading Global Analyst Adrian Day to recommend holding rather than buying. There is one exception, however.

Fortuna Sells a Second Mine in Short Order 04/25/2025

Global Analyst Adrian Day reviews recent developments at some of the companies on his list.

Barrick Continues Shift to Copper as Mine Advances 04/21/2025

Some gold companies, including royalty companies, reported preliminary results for the first quarter, some with more fulsome detail than others. Most will report full financials next month.

Franco's Results Hit by Panama Loss, but Growing 03/21/2025

Global Analyst Adrian Day reviews of fourth-quarter earnings results as well as other news from several companies on his list. Given the sharp rallies in several gold stocks the metal traded over $3,000 an ounce on Friday Day is holding most of the gold stocks, though the outlook for the year ahead is very strong.

Fortuna Generates Strong Cash Flow as Operations Solid 03/17/2025

Global Analyst Adrian Day just returned from the large PDAC mining convention in Toronto. Now, he updates developments in some companies and stocks on his list, with buying opportunities caused by fund liquidation.

Fortuna Sells a Problem Mine as It Hits Record 02/03/2025

Global Analyst Adrian Day reviews several company updates in the gap since his last letter. This includes some significant news on a couple of companies as well as some larger resource companies reporting preliminary fourth-quarter results and some personnel changes.

Barrick Takes Mali to Arbitration, Situation 'Untenable' 12/27/2024

Global Analyst Adrian Day discusses developments at several companies on his list, some positive, some less so.

Agnico Adds Ounces for Malartic Mill 12/23/2024

Global Analyst Adrian Day reviews recent developments, good and bad, at several companies on his list. He is not adding to many gold stocks right now, given concerns about a possible pullback in the immediate future.

Strong Cash Flows but Higher Costs for Resource Companies 11/15/2024

Global Analyst Adrian Day reviews financial results from a slew of companies on his list, mostly resource companies.

Lara's Resource Study Shows Project Potential 10/21/2024

Global Analyst Adrian Day focuses on the eagerly awaited resource estimate for Lara Exploration Ltd.'s (LRA:TSX.V) Planalto copper project, and how it might develop. He also looks at recent announcements from some other companies on his list.

Gold Could Correct in Coming Week or Two 10/07/2024

Global Analyst Adrian Day reviews recent developments at some of the companies on his list, along with some of the insights he gained at the recent gold conferences in Colorado.

Diverse Issues Offset Mostly Strong Revenues 08/16/2024

Global Analyst Adrian Day reviews results from six major resource companies, four of which are royalty companies.

Franco and Osisko Team up for High-Potential Stream 07/26/2024

After extensive travel, including two conferences in the last few weeks, Global Analyst Adrian Day updates us on the news from companies on his list.

Agnico Lays Out Plans for Million-Ounce Producer 06/26/2024

Global Analyst Adrian Day discusses some recent updates on some of the companies on his list.

Resource Companies Report Strong Results 05/15/2024

Several resource companies on Global Analyst Adrian Day's recommended list reported first-quarter results last week.

Barrick's Production Miss Not So Bad? 04/24/2024

Global Analyst Adrian Day looks at more first-quarter results from some resource companies, as well as some positive exploration results that, according to him, could extend a mine's life.

Franco Will Increase Production Without Cobre Panama 04/17/2024

Global Analyst Adrian Day looks at first-quarter results from three resource companies, as well as recaps Francos annual "investor day." Overall, he believes the results were positive.

What To Do with a Crown Jewel? 03/20/2024

Global Analyst Adrian Day reviews year-end financials from the last of his companies to report, as well as looks at other news. Since both of these companies both core holdings for him had previously pre-announced certain metrics, financial results came in as expected.

Chinese Buyers Join Central Banks To Drive Gold Higher 03/13/2024

Global Analyst Adrian Day looks at recent changes in gold demand, as well as report on year-end financials from a couple more companies on his list.

Barrick Misses Again, With Higher Costs 01/31/2024

Several resource companies provided preliminary fourth-quarter results, with mostly misses on guidance (notwithstanding higher production), higher costs, and weak outlooks for 2024. Global Analyst Adrian Day believes market reactions were overdone, however, making for some very good buys.

New CEOs Are Brought in at Osisko and Lara 01/17/2024

Global Analyst Adrian Day discusses revenue misses and new CEOs as gold companies turn a leaf on the old year.