Fortuna Silver Mines (FSM) to Release Earnings on Tuesday

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) will post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Fortuna Silver Mines to post earnings of $0.03 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last released its earnings results on Wednesday, March 6th. The basic materials company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). The business had revenue of $265.31 million for the quarter. Fortuna Silver Mines had a negative net margin of 5.99% and a positive return on equity of 5.03%. On average, analysts expect Fortuna Silver Mines to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Fortuna Silver Mines Stock Performance

Fortuna Silver Mines stock opened at $4.59 on Friday. Fortuna Silver Mines has a twelve month low of $2.58 and a twelve month high of $4.94. The company has a quick ratio of 0.89, a current ratio of 1.37 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1.40 billion, a P/E ratio of -28.69 and a beta of 1.57. The stock’s 50 day moving average is $3.92 and its 200 day moving average is $3.56.

Analyst Upgrades and Downgrades

FSM has been the topic of a number of analyst reports. StockNews.com cut shares of Fortuna Silver Mines from a “buy” rating to a “hold” rating in a research note on Monday, April 15th. Scotiabank upped their target price on shares of Fortuna Silver Mines from $4.00 to $4.75 and gave the stock a “sector perform” rating in a research note on Monday, April 8th. Finally, TheStreet downgraded shares of Fortuna Silver Mines from a “c-” rating to a “d” rating in a research report on Thursday, March 7th.

About Fortuna Silver Mines

Fortuna Silver Mines Inc 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.