What is Scotiabank’s Forecast for TSE:FVI FY2026 Earnings?

Fortuna Silver Mines Inc. (TSE:FVI – Free Report) (NYSE:FSM) – Investment analysts at Scotiabank cut their FY2026 earnings estimates for shares of Fortuna Silver Mines in a report issued on Thursday, May 14th. Scotiabank analyst E. Winmill now expects that the company will post earnings per share of $1.96 for the year, down from their prior forecast of $2.22. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

Get Fortuna Silver Mines alerts:

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

FVI has been the topic of a number of other reports. Canadian Imperial Bank of Commerce raised shares of Fortuna Silver Mines from an “underperform” rating to a “neutral” rating and raised their target price for the stock from C$9.00 to C$16.00 in a research note on Wednesday, February 4th. BMO Capital Markets raised their price target on shares of Fortuna Silver Mines from C$15.00 to C$17.00 in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$15.75.

Read Our Latest Stock Report on Fortuna Silver Mines

Fortuna Silver Mines Trading Down 3.2%

FVI opened at C$14.18 on Friday. The company has a debt-to-equity ratio of 11.81, a current ratio of 3.17 and a quick ratio of 1.15. The company’s 50 day simple moving average is C$14.13 and its two-hundred day simple moving average is C$13.96. Fortuna Silver Mines has a 1-year low of C$7.32 and a 1-year high of C$18.99. The firm has a market capitalization of C$4.32 billion, a price-to-earnings ratio of 13.38 and a beta of 2.62.

Insiders Place Their Bets

In related news, Director Jorge A. Ganoza Durant bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of C$14.77 per share, for a total transaction of C$147,700.00. Following the acquisition, the director owned 1,486,443 shares of the company’s stock, valued at approximately C$21,954,763.11. This trade represents a 0.68% increase in their ownership of the stock. Company insiders own 0.83% of the company’s stock.

About Fortuna Silver Mines

(Get Free Report)

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.

Further Reading

• Five stocks we like better than Fortuna Silver Mines
• Aeluma’s Post-Earnings Dip Creates a Buying Opportunity
• Be Ready: 3 Upcoming Catalysts Could Drive Oracle to Record Highs
• 2 Ways to Play the Big Pharma Patent Cliff
• YETI Rallies After Earnings Beat and Raised Outlook

Receive News & Ratings for Fortuna Silver Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortuna Silver Mines and related companies with MarketBeat.com's FREE daily email newsletter.