Scotiabank Expects Weaker Earnings for Fortuna Silver Mines

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Equities research analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a research note issued on Thursday, July 23rd. Scotiabank analyst E. Winmill now anticipates that the company will post earnings per share of $1.86 for the year, down from their previous estimate of $1.91. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share. Scotiabank also issued estimates for Fortuna Silver Mines’ FY2027 earnings at $1.96 EPS.

Fortuna Silver Mines Stock Performance

TSE:FVI opened at C$12.09 on Friday. The firm’s fifty day moving average price is C$12.47 and its 200 day moving average price is C$13.88. Fortuna Silver Mines has a 1-year low of C$8.49 and a 1-year high of C$18.99. The company has a debt-to-equity ratio of 11.81, a current ratio of 3.17 and a quick ratio of 1.15. The firm has a market cap of C$3.66 billion, a price-to-earnings ratio of 11.41 and a beta of 2.67.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.50 EPS for the quarter. Fortuna Silver Mines had a return on equity of 20.79% and a net margin of 31.11%.The business had revenue of C$476.14 million during the quarter.

Insider Buying and Selling

In other news, Director Jorge A. Ganoza Durant bought 20,000 shares of Fortuna Silver Mines stock in a transaction dated Monday, May 11th. The stock was bought at an average price of C$14.93 per share, for a total transaction of C$298,600.00. Following the purchase, the director owned 1,506,443 shares of the company’s stock, valued at approximately C$22,491,193.99. The trade was a 1.35% increase in their ownership of the stock. In the last ninety days, insiders have acquired 40,000 shares of company stock worth $579,200. 0.83% of the stock is currently owned by corporate insiders.

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.