Exit Case: Fortuna Mining Corp. (TSX: FVI)

Overview: Fortuna Mining Corp. (TSX: FVI), formerly known as Fortuna Silver Mines Inc., is a Canada-based precious metals mining company with operations across Latin America and West Africa. The company has operated mines in Argentina, Burkina Faso, Côte d'Ivoire, Mexico, and Peru, focusing on the production of gold and silver. FVI has been a part of the 'Momentum Model Portfolio' since March 10, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended as the stock price hit the resistance level of CAD 8.490 as of March 18, 2025.

FVI’s Daily Chart

New Entry Case: Prime Mining Corp. (TSX: PRYM)

Overview: Prime Mining Corp. (TSX: PRYM) is a mineral exploration and development company focused on acquiring and advancing high-value and specialty metal projects. Its portfolio includes the Los Reyes project, as well as Magenta and other exploration targets.

Technical Analysis: On the daily chart, PRYM's prices are holding above a key horizontal trendline support zone, suggesting the potential for an upward move. Additionally, the 14-period Relative Strength Index (RSI) is recovering from lower levels, currently reading ~59.27, indicating strengthening momentum. Further reinforcing the bullish outlook, prices are trading above the 50-period Simple Moving Average (SMA), a trend-following indicator that signals continued upside potential.

PRYM is recommended as a new entry in the 'Momentum Model Portfolio' as on March 19, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the closing price of CAD 1.65 as on March 18, 2025.

PRYM’s Daily Chart

Support and Resistance Summary (As on March 18, 2025)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of March 18, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.