Weekly Notes (11/12/2025)
Fortuna Mining (11/6/2025: Q3 results. 72K oz at $2000 AISC. $73M FCF. Cash balance $438M).
Avino Silver (11/6/2025: Q3 results. $5M FCF. Cash balance $57M. No debt. 2025 production guidance at 2.5M oz at $24 AISC. Production increases 1M oz in 2026).
McEwen Mining (11/6/2025: Q3 results. Cash balance $51M. Debt $130M. 2025 production guidance at 115K a…



