FSM stock price uptick today reflects steady momentum in precious metals, as spot silver rose 0.8%, bolstering investor sentiment toward Fortuna Silver Mines’ operational outlook. Deloitte projects that more significant gains in consumption and residential investment will occur next year as confidence improves. Overall, Canada’s economy performed better in the first half of 2024 than anticipated. However, this strength is expected to be offset by slower real GDP growth in the latter half of the year due to weaker household spending. The updated forecast projects real GDP growth of 1.2% for 2024, with an acceleration to 2.6% in 2025. On a per-capita basis, real GDP is expected to decline by 1.6% this year before rebounding to 1.1% growth in 2025. Fortuna Mining (NYSE: FSM | TSX: FVI) has received approval from the Toronto Stock Exchange to renew its normal course issuer bid (NCIB) for share repurchases. The program allows Fortuna to buy back up to 5% of its outstanding shares , equivalent to 15,347,999 common shares. The latest fsm stock price closed at $4.12, showing a mild +0.49% gain amid moderate trading volume of 1.6M shares. Analysts note strong silver demand as a key driver for FSM’s volatility in the next quarter.