FSM FY2025 EPS Lowered by National Bank Financial

Fortuna Silver Mines Inc. (NYSE:FSM) (TSE:FVI) – Equities researchers at National Bank Financial decreased their FY2025 earnings estimates for Fortuna Silver Mines in a report released on Wednesday, March 12th. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings per share of $0.65 for the year, down from their previous forecast of $0.68. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.51 per share.

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last announced its earnings results on Wednesday, March 5th. The basic materials company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.09). Fortuna Silver Mines had a net margin of 2.45% and a return on equity of 10.08%. The firm had revenue of $302.20 million during the quarter, compared to analysts’ expectations of $301.65 million.

FSM has been the topic of several other research reports. Cibc World Mkts cut Fortuna Silver Mines from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 18th. Scotiabank dropped their price objective on Fortuna Silver Mines from $6.75 to $6.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 15th. Finally, CIBC cut Fortuna Silver Mines from a “neutral” rating to a “sector underperform” rating in a research note on Tuesday, February 18th.

Fortuna Silver Mines Stock Performance

Shares of FSM stock opened at $5.75 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.94 and a quick ratio of 1.37. The company’s fifty day moving average price is $4.76 and its two-hundred day moving average price is $4.73. The firm has a market capitalization of $1.76 billion, a P/E ratio of 71.82 and a beta of 1.50. Fortuna Silver Mines has a 12 month low of $3.23 and a 12 month high of $6.36.

Institutional Investors Weigh In On Fortuna Silver Mines

A number of institutional investors have recently modified their holdings of FSM. Optiver Holding B.V. acquired a new position in Fortuna Silver Mines in the fourth quarter worth about $26,000. Generali Investments CEE investicni spolecnost a.s. bought a new position in Fortuna Silver Mines during the 4th quarter worth approximately $34,000. SeaCrest Wealth Management LLC acquired a new position in shares of Fortuna Silver Mines in the 4th quarter worth approximately $45,000. Bank of Nova Scotia bought a new stake in shares of Fortuna Silver Mines in the 4th quarter valued at approximately $46,000. Finally, TD Waterhouse Canada Inc. raised its position in shares of Fortuna Silver Mines by 24.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 12,440 shares of the basic materials company’s stock valued at $53,000 after acquiring an additional 2,440 shares in the last quarter. Institutional investors and hedge funds own 33.80% of the company’s stock.

About Fortuna Silver Mines

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.