Scotiabank Issues Pessimistic Estimate for TSE:FVI Earnings

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Stock analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a note issued to investors on Thursday, July 23rd. Scotiabank analyst E. Winmill now forecasts that the company will post earnings per share of $1.86 for the year, down from their prior forecast of $1.91. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share. Scotiabank also issued estimates for Fortuna Silver Mines’ FY2027 earnings at $1.96 EPS.

Fortuna Silver Mines Stock Performance

Shares of FVI opened at C$12.09 on Friday. The business’s fifty day moving average price is C$12.47 and its 200 day moving average price is C$13.88. Fortuna Silver Mines has a 12-month low of C$8.49 and a 12-month high of C$18.99. The stock has a market capitalization of C$3.66 billion, a PE ratio of 11.41 and a beta of 2.67. The company has a debt-to-equity ratio of 11.81, a current ratio of 3.17 and a quick ratio of 1.15.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last issued its quarterly earnings results 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 return on equity of 20.79% and a net margin of 31.11%.

Insiders Place Their Bets

In other Fortuna Silver Mines news, Director Jorge A. Ganoza Durant bought 10,000 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought 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 approximately C$20,286,427.47. This trade represents a 0.66% increase in their ownership of the stock. Insiders have acquired a total of 40,000 shares of company stock worth $579,200 in the last three months. 0.83% of the stock is owned by 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.