National Bank Financial Estimates FSM FY2025 Earnings

Fortuna Silver Mines Inc. (NYSE:FSM - Free Report) TSE: FVI - Equities researchers at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Fortuna Silver Mines in a note issued to investors on Monday, February 10th. National Bank Financial analyst D. Demarco now forecasts that the basic materials company will post earnings of $0.68 per share for the year, up from their previous estimate of $0.66. The consensus estimate for Fortuna Silver Mines' current full-year earnings is $0.52 per share.

Separately, Scotiabank decreased their price target on Fortuna Silver Mines from $6.75 to $6.00 and set a "sector perform" rating on the stock in a report on Wednesday, January 15th.

Fortuna Silver Mines Price Performance

NYSE:FSM traded down $0.25 on Wednesday, reaching $5.14. 15,470,582 shares of the company's stock traded hands, compared to its average volume of 12,419,509. The company has a quick ratio of 1.37, a current ratio of 1.94 and a debt-to-equity ratio of 0.12. The stock has a 50-day simple moving average of $4.66 and a 200-day simple moving average of $4.70. The firm has a market cap of $1.58 billion, a PE ratio of 64.20 and a beta of 1.56. Fortuna Silver Mines has a 12 month low of $2.63 and a 12 month high of $6.36.

Institutional Investors Weigh In On Fortuna Silver Mines

Several large investors have recently made changes to their positions in FSM. Optiver Holding B.V. bought a new stake in Fortuna Silver Mines during the fourth quarter worth approximately $26,000. Dark Forest Capital Management LP purchased a new position in shares of Fortuna Silver Mines during the fourth quarter valued at approximately $57,000. State of Tennessee Department of Treasury boosted its position in shares of Fortuna Silver Mines by 96.2% during the fourth quarter. State of Tennessee Department of Treasury now owns 94,711 shares of the basic materials company's stock valued at $406,000 after buying an additional 46,428 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in shares of Fortuna Silver Mines by 24.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 12,440 shares of the basic materials company's stock valued at $53,000 after purchasing an additional 2,440 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Fortuna Silver Mines by 10.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,402,119 shares of the basic materials company's stock valued at $36,043,000 after purchasing an additional 796,364 shares during the period. 33.80% of the stock is owned by institutional investors.

About Fortuna Silver Mines

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.