Fortuna Silver Mines Inc. (NYSE:FSM - Free Report) TSE: FVI - Scotiabank lifted their FY2025 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a report released on Wednesday, January 8th. Scotiabank analyst E. Winmill now anticipates that the basic materials company will post earnings of $0.60 per share for the year, up from their prior forecast 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 Trading Down 2.4 %
NYSE FSM opened at $4.40 on Monday. Fortuna Silver Mines has a 12 month low of $2.63 and a 12 month high of $6.36. The company's 50-day moving average price is $4.65 and its 200-day moving average price is $4.74. The stock has a market cap of $1.35 billion, a PE ratio of 55.01 and a beta of 1.55. The company has a current ratio of 1.94, a quick ratio of 1.37 and a debt-to-equity ratio of 0.12.
Hedge Funds Weigh In On Fortuna Silver Mines
A number of institutional investors have recently modified their holdings of FSM. The Manufacturers Life Insurance Company grew its stake in Fortuna Silver Mines by 1.4% in the second quarter. The Manufacturers Life Insurance Company now owns 253,984 shares of the basic materials company's stock worth $1,240,000 after purchasing an additional 3,392 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of Fortuna Silver Mines by 19.6% in the 3rd quarter. Toronto Dominion Bank now owns 31,983 shares of the basic materials company's stock worth $148,000 after buying an additional 5,240 shares during the period. Geode Capital Management LLC grew its position in shares of Fortuna Silver Mines by 4.3% during the 3rd quarter. Geode Capital Management LLC now owns 141,305 shares of the basic materials company's stock worth $660,000 after buying an additional 5,858 shares in the last quarter. Financial Management Professionals Inc. purchased a new position in shares of Fortuna Silver Mines during the third quarter valued at $29,000. Finally, Private Advisor Group LLC bought a new stake in shares of Fortuna Silver Mines in the third quarter valued at about $50,000. 33.80% of the stock is owned by hedge funds and other institutional investors.
About Fortuna Silver Mines
(
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 Articles
Before you consider Fortuna Silver Mines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fortuna Silver Mines wasn't on the list.
While Fortuna Silver Mines currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
