Fortuna Silver Mines Inc. (NYSE:FSM – Free Report) (TSE:FVI) – Equities researchers at National Bank Financial increased their FY2026 earnings estimates for shares of Fortuna Silver Mines in a research note issued on Wednesday, March 12th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $0.58 per share for the year, up from their prior forecast of $0.53. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.51 per share. National Bank Financial also issued estimates for Fortuna Silver Mines’ FY2027 earnings at $0.39 EPS.
Fortuna Silver Mines (NYSE:FSM – Get Free Report) (TSE:FVI) last released its quarterly earnings data on Wednesday, March 5th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). The business had revenue of $302.20 million for the quarter, compared to the consensus estimate of $301.65 million. Fortuna Silver Mines had a net margin of 2.45% and a return on equity of 10.08%.
View Our Latest Research Report on Fortuna Silver Mines
Fortuna Silver Mines Stock Up 4.3 %
Shares of NYSE FSM opened at $5.66 on Friday. Fortuna Silver Mines has a 12-month low of $3.23 and a 12-month high of $6.36. The stock’s fifty day simple moving average is $4.74 and its two-hundred day simple moving average is $4.73. The stock has a market capitalization of $1.73 billion, a PE ratio of 70.70 and a beta of 1.50. The company has a current ratio of 1.94, a quick ratio of 1.37 and a debt-to-equity ratio of 0.12.
Institutional Investors Weigh In On Fortuna Silver Mines
Hedge funds and other institutional investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Fortuna Silver Mines during the third quarter valued at approximately $1,347,000. Franklin Resources Inc. lifted its position in Fortuna Silver Mines by 616.1% during the third quarter. Franklin Resources Inc. now owns 253,500 shares of the basic materials company’s stock valued at $1,231,000 after acquiring an additional 218,100 shares during the last quarter. Barclays PLC purchased a new stake in Fortuna Silver Mines during the third quarter valued at approximately $2,227,000. Public Employees Retirement System of Ohio purchased a new stake in Fortuna Silver Mines during the third quarter valued at approximately $1,765,000. Finally, Centiva Capital LP raised its holdings in shares of Fortuna Silver Mines by 457.3% in the third quarter. Centiva Capital LP now owns 144,059 shares of the basic materials company’s stock worth $667,000 after buying an additional 118,209 shares during the last quarter. Hedge funds and other institutional investors own 33.80% of the company’s stock.
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.
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