Scotiabank Has Negative Estimate for TSE:FVI FY2026 Earnings

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Research analysts at Scotiabank decreased their FY2026 earnings estimates for Fortuna Silver Mines in a note issued to investors on Wednesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings of $1.91 per share for the year, down from their prior estimate of $1.96. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.50 EPS 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 during the quarter.

Fortuna Silver Mines Trading Down 1.0%

TSE FVI opened at C$11.44 on Friday. The company has a quick ratio of 1.15, a current ratio of 3.17 and a debt-to-equity ratio of 11.81. The firm has a market cap of C$3.47 billion, a PE ratio of 10.79 and a beta of 2.67. The company has a 50 day moving average price of C$12.72 and a 200 day moving average price of C$13.94. Fortuna Silver Mines has a 52 week low of C$8.49 and a 52 week high of C$18.99.

Insiders Place Their Bets

In other news, Director Jorge A. Ganoza Durant purchased 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were 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 acquisition, the director owned 1,526,443 shares of the company’s stock, valued at 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 valued at $579,200 in the last three months. 0.83% of the stock is owned by company insiders.

Fortuna Silver Mines Company Profile

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.