What is Scotiabank’s Forecast for FSM FY2025 Earnings?

Fortuna Silver Mines Inc. (NYSE:FSMFree Report) (TSE:FVI) – Research analysts at Scotiabank lifted their FY2025 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst E. Winmill now anticipates that the basic materials company will post earnings per share of $0.60 for the year, up from their prior estimate of $0.46. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Fortuna Silver Mines’ FY2026 earnings at $0.46 EPS.

Fortuna Silver Mines Stock Performance

Shares of FSM opened at $4.56 on Monday. The company has a 50-day moving average of $4.64 and a two-hundred day moving average of $4.74. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 57.01 and a beta of 1.55. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.94 and a quick ratio of 1.37. Fortuna Silver Mines has a one year low of $2.63 and a one year high of $6.36.

Hedge Funds Weigh In On Fortuna Silver Mines

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSM. Financial Management Professionals Inc. purchased a new stake in shares of Fortuna Silver Mines in the third quarter valued at $29,000. SeaCrest Wealth Management LLC purchased a new stake in Fortuna Silver Mines in the 4th quarter worth about $45,000. Private Advisor Group LLC acquired a new stake in Fortuna Silver Mines during the 3rd quarter worth about $50,000. Choreo LLC purchased a new position in Fortuna Silver Mines during the 2nd quarter valued at about $59,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Fortuna Silver Mines in the 2nd quarter valued at about $92,000. Institutional investors and hedge funds own 33.80% of the company’s stock.

Fortuna Silver Mines Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Fortuna Silver Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortuna Silver Mines and related companies with MarketBeat.com's FREE daily email newsletter.