Fortuna Silver Mines (FVI) to Release Earnings on Tuesday

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) will be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect Fortuna Silver Mines to post earnings of C$0.04 per share for the quarter.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last announced its quarterly earnings data on Wednesday, March 6th. The company reported C$0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.01). Fortuna Silver Mines had a negative return on equity of 3.39% and a negative net margin of 6.03%. The firm had revenue of C$361.23 million for the quarter.

Fortuna Silver Mines Stock Performance

Shares of FVI stock opened at C$6.29 on Friday. Fortuna Silver Mines has a fifty-two week low of C$3.56 and a fifty-two week high of C$6.80. The stock’s 50-day moving average is C$5.34 and its two-hundred day moving average is C$4.82. The company has a debt-to-equity ratio of 20.51, a current ratio of 1.37 and a quick ratio of 1.15. The firm has a market cap of C$1.92 billion, a P/E ratio of -27.35 and a beta of 1.66.

Insider Transactions at Fortuna Silver Mines

In other Fortuna Silver Mines news, Senior Officer David Whittle sold 5,421 shares of the business’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of C$4.91, for a total transaction of C$26,617.11. In other Fortuna Silver Mines news, Senior Officer David Whittle sold 5,421 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of C$4.91, for a total value of C$26,617.11. Also, Senior Officer Eric Chapman sold 48,900 shares of Fortuna Silver Mines stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of C$6.41, for a total value of C$313,375.65. 0.77% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FVI shares. National Bankshares cut their price objective on shares of Fortuna Silver Mines from C$7.75 to C$7.50 in a research report on Friday, April 19th. CIBC raised their price target on shares of Fortuna Silver Mines from C$7.00 to C$8.00 in a report on Monday, April 15th. Canaccord Genuity Group upped their price objective on shares of Fortuna Silver Mines from C$6.00 to C$7.50 in a report on Tuesday, April 23rd. Finally, BMO Capital Markets cut their target price on Fortuna Silver Mines from C$7.00 to C$6.50 in a report on Friday, March 8th.

Fortuna Silver Mines Company Profile

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.