Scotiabank Has Negative Estimate for TSE:FVI FY2026 Earnings

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Analysts at Scotiabank reduced their FY2026 earnings estimates for shares of Fortuna Silver Mines in a note issued to investors on Friday, April 10th. Scotiabank analyst E. Winmill now expects that the company will earn $2.46 per share for the year, down from their previous estimate of $2.53. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last issued its quarterly earnings results on Thursday, February 19th. The company reported C$0.32 earnings per share for the quarter. The company had revenue of C$357.48 million during the quarter. Fortuna Silver Mines had a net margin of 27.64% and a return on equity of 18.47%.

A number of other analysts have also weighed in on the stock. Canadian Imperial Bank of Commerce raised shares of Fortuna Silver Mines from an “underperform” rating to a “neutral” rating and upped their price target for the stock from C$9.00 to C$16.00 in a research note on Wednesday, February 4th. BMO Capital Markets upped their price target on shares of Fortuna Silver Mines from C$15.00 to C$17.00 in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$15.75.

Fortuna Silver Mines Trading Up 2.6%

Shares of TSE:FVI opened at C$14.79 on Tuesday. The company has a 50 day moving average of C$14.91 and a 200-day moving average of C$13.73. The firm has a market cap of C$4.51 billion, a P/E ratio of 16.43 and a beta of 2.56. Fortuna Silver Mines has a twelve month low of C$7.32 and a twelve month high of C$18.99. The company has a current ratio of 2.98, a quick ratio of 1.15 and a debt-to-equity ratio of 15.92.

About Fortuna Silver Mines

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan.