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Fortuna Silver Mines Inc.

11:46 AM EST - Fortuna Silver Mines Inc. : reported an increase in profit for the second quarter helped by gains on foreign exchange and commodity contracts, despite a 10.8% decline in revenue from the year-ago period. Second quarter net income increased to $2.39 million or $0.03 per share from $949 thousands or $0.01 per share in the same period last year. Comprehensive income rose to $2.1 million or $0.02 per share from $596 thousands or $0.01 per share in the second quarter of the previous year. Fortuna Silver Mines Inc. shares V.FVI are trading up 10 cents at $1.28.