Scotiabank Has Pessimistic View of TSE:FVI FY2027 Earnings

Fortuna Silver Mines Inc. (TSE:FVI – Free Report) (NYSE:FSM) – Research analysts at Scotiabank dropped their FY2027 EPS estimates for Fortuna Silver Mines in a research note issued to investors on Thursday, May 14th. Scotiabank analyst E. Winmill now anticipates that the company will post earnings of $1.90 per share for the year, down from their prior forecast of $2.31. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

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Fortuna Silver Mines (TSE:FVI – Get Free Report) (NYSE:FSM) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.50 earnings per share for the quarter. The business had revenue of C$476.14 million during the quarter. Fortuna Silver Mines had a net margin of 31.11% and a return on equity of 20.79%.

Separately, Canadian Imperial Bank of Commerce raised Fortuna Silver Mines from an “underperform” rating to a “neutral” rating and increased their price target for the company from C$9.00 to C$16.00 in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$15.75.

Check Out Our Latest Stock Analysis on FVI

Fortuna Silver Mines Trading Down 4.3%

Shares of TSE:FVI opened at C$12.58 on Monday. The company has a 50 day moving average of C$13.93 and a 200-day moving average of C$14.00. The firm has a market cap of C$3.83 billion, a P/E ratio of 11.87 and a beta of 2.62. Fortuna Silver Mines has a twelve month low of C$7.60 and a twelve month high of C$18.99. The company has a current ratio of 3.17, a quick ratio of 1.15 and a debt-to-equity ratio of 11.81.

Insider Buying and Selling

In other Fortuna Silver Mines news, Director Jorge A. Ganoza Durant bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of C$13.29 per share, with a total value of C$132,900.00. Following the completion of the purchase, the director directly owned 1,526,443 shares in the company, valued at approximately C$20,286,427.47. This trade represents a 0.66% increase in their ownership of the stock. Insiders have purchased 40,000 shares of company stock worth $579,200 over the last ninety days. 0.83% of the stock is owned by corporate insiders.

About Fortuna Silver Mines

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Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan.

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