Scotiabank Predicts Higher Earnings for Fortuna Silver Mines

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Research analysts at Scotiabank boosted their FY2025 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a note issued to investors on Wednesday, March 19th. Scotiabank analyst E. Winmill now anticipates that the company will post earnings of $0.87 per share for the year, up from their prior forecast of $0.86. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

A number of other brokerages also recently issued reports on FVI. CIBC downgraded Fortuna Silver Mines from a “neutral” rating to an “underperform” rating and cut their price objective for the company from C$8.00 to C$7.00 in a research note on Tuesday, February 18th. Cibc World Mkts downgraded Fortuna Silver Mines from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 18th.

Fortuna Silver Mines Trading Down 3.3 %

Shares of TSE:FVI opened at C$8.39 on Friday. The stock has a 50 day moving average of C$7.01 and a 200 day moving average of C$6.71. The company has a market cap of C$1.85 billion, a PE ratio of 74.47 and a beta of 1.63. The company has a current ratio of 1.94, a quick ratio of 1.15 and a debt-to-equity ratio of 13.30. Fortuna Silver Mines has a 12-month low of C$4.58 and a 12-month high of C$8.77.

Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d’Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d’Ivoire.