Fortuna Silver Mines Inc. to Post Q3 2016 Earnings of $0.11 Per Share, National Bank Financial Forecasts (FVI)
Fortuna Silver Mines Inc. (TSE:FVI) – Investment analysts at National Bank Financial dropped their Q3 2016 earnings per share estimates for Fortuna Silver Mines in a research report issued to clients and investors on Wednesday. National Bank Financial analyst G. Doyle now forecasts that the brokerage will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.12.
A number of other equities research analysts also recently issued reports on FVI. Raymond James Financial Inc. reduced their price objective on shares of Fortuna Silver Mines from C$12.00 to C$8.25 in a research note on Tuesday, July 26th. Canaccord Genuity increased their target price on shares of Fortuna Silver Mines from C$11.75 to C$12.25 and gave the stock a “hold” rating in a report on Tuesday, August 9th. BMO Capital Markets dropped their target price on shares of Fortuna Silver Mines from C$11.50 to C$9.00 and set a “market perform” rating for the company in a report on Wednesday, August 10th. Finally, CIBC increased their target price on shares of Fortuna Silver Mines from C$11.75 to C$13.00 in a report on Wednesday, August 10th.
Shares of Fortuna Silver Mines (TSE:FVI) opened at 8.26 on Monday. The stock’s 50 day moving average is $9.76 and its 200 day moving average is $9.02. Fortuna Silver Mines has a 12 month low of $2.92 and a 12 month high of $12.73. The firm’s market cap is $1.20 billion.
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Fortuna Silver Mines Company Profile
Fortuna Silver Mines Inc is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico.
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