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BRIEF-Fortuna Silver Mines Q4 earnings per share $0.04

Published 2017-05-15, 04:29 p/m
© Reuters.  BRIEF-Fortuna Silver Mines Q4 earnings per share $0.04
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May 15 (Reuters) - Fortuna Silver Mines Inc FVI.TO

* Fortuna reports consolidated financial results for 2016; files form 40-F, annual report

* Q4 sales $57.9 million versus $37 million

* Q4 earnings per share $0.04

* Q4 earnings per share view $0.06 -- Thomson Reuters I/B/E/S

* Management concluded that certain internal controls were not operating effectively, and as such material weaknesses were identified

* Fortuna Silver Mines Inc says management has commenced remediation of these material weaknesses in 2017

* Certain internal controls over financial reporting were not operating effectively, and as such material weaknesses were identified

* Co did not address all risks, controls related to revenue recognition, among others

* Management has commenced remediation of several material weaknesses in 2017 Source text for Eikon: ID:nCCN5NMxJf Further company coverage: FVI.TO

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