Fortuna Silver Mines (FSM) saw its stock soar 5.08% in after-hours trading on Wednesday, following the release of its third-quarter earnings report. The mining company delivered a mixed bag of results, which seemed to ultimately please investors.

According to the earnings report, Fortuna Silver Mines posted quarterly earnings of $0.17 per share, falling short of the analyst consensus estimate of $0.19 by 10.53%. However, this still represents a 6.25% increase compared to the same period last year when the company reported earnings of $0.16 per share.

On a more positive note, the company's quarterly sales came in at $251.400 million, surpassing the analyst consensus estimate of $246.200 million by 2.11%. Despite beating expectations, this figure represents an 8.55% decrease from the $274.900 million in sales reported for the same period last year. The market's after-hours reaction suggests that investors may be focusing more on the sales beat and year-over-year earnings growth rather than the earnings miss.