FSM FY2025 EPS Estimate Decreased by National Bank Financial

Fortuna Silver Mines Inc. (NYSE:FSM) (TSE:FVI) – Equities research analysts at National Bank Financial lowered their FY2025 EPS estimates for shares of Fortuna Silver Mines in a report issued on Wednesday, March 12th. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings per share of $0.65 for the year, down from their prior forecast of $0.68. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.51 per share.

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last issued its quarterly earnings results on Wednesday, March 5th. The basic materials company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). The firm had revenue of $302.20 million for the quarter, compared to analysts’ expectations of $301.65 million. Fortuna Silver Mines had a return on equity of 10.08% and a net margin of 2.45%.

A number of other research analysts also recently commented on the stock. Cibc World Mkts downgraded shares of Fortuna Silver Mines from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 18th. Scotiabank lowered their target price on shares of Fortuna Silver Mines from $6.75 to $6.00 and set a “sector perform” rating for the company in a report on Wednesday, January 15th. Finally, CIBC lowered shares of Fortuna Silver Mines from a “neutral” rating to a “sector underperform” rating in a research report on Tuesday, February 18th.

Fortuna Silver Mines Stock Up 1.5 %

FSM stock opened at $5.75 on Monday. The company has a 50 day moving average price of $4.76 and a two-hundred day moving average price of $4.73. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.37 and a current ratio of 1.94. The stock has a market capitalization of $1.76 billion, a P/E ratio of 71.82 and a beta of 1.50. Fortuna Silver Mines has a one year low of $3.23 and a one year high of $6.36.

Institutional Investors Weigh In On Fortuna Silver Mines

Several institutional investors and hedge funds have recently added to or reduced their stakes in FSM. Optiver Holding B.V. purchased a new stake in shares of Fortuna Silver Mines during the 4th quarter worth about $26,000. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Fortuna Silver Mines during the fourth quarter worth approximately $34,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Fortuna Silver Mines in the fourth quarter worth $45,000. Bank of Nova Scotia purchased a new position in shares of Fortuna Silver Mines in the 4th quarter valued at $46,000. Finally, TD Waterhouse Canada Inc. lifted its holdings in shares of Fortuna Silver Mines by 24.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 12,440 shares of the basic materials company’s stock valued at $53,000 after acquiring an additional 2,440 shares in the last quarter. 33.80% of the stock is currently owned by institutional investors and hedge funds.

Fortuna Silver Mines Company Profile

Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire.