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The company, which has four operating mines in Argentina, Burkina Faso, Mexico, and Peru, recorded gold equivalent production for the three months of 101,840 ounces.
The result consisted of 66,344oz Au, which is up 1.4% year on year; and 1.84 million oz Ag, with that having risen by 7.3% year on year.
National Bank of Canada Financial Markets said the production figures beat NBF's forecasts of 66,100oz Au and 1.6 million Ag.
Fortuna attributed the gold production result to contributions of 30,032oz and 27,130oz from the Argentinian Lindero mine and the Burkina Faso Yaramoko mine, respectively.
The rise in silver production was primarily driven by higher tonnage treated at the Mexican San Jose mine, it said.
The company reiterated its 2022 guidance range of 6.2 million-6.9 million oz Ag, 244,000-280,000oz Au, or between 369,000-420,000oz AuEq.
NBF noted that year-to-date production marks roughly 79% of the full-year silver guidance midpoint of 6.55 million oz and 75% of the gold guidance midpoint of 292,000oz.
Fortuna's share price gained 11.96% day on day to trade at C$4.21 (US$3.07) on October 7.
NBF has a target price for the company of C$4.25.
