FSM FY2025 EPS Forecast Decreased by National Bank Financial

Fortuna Silver Mines Inc. (NYSE:FSM - Free Report) TSE: FVI - National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for Fortuna Silver Mines in a research note issued on Wednesday, March 12th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $0.65 per share for the year, down from their prior forecast of $0.68. The consensus estimate for Fortuna Silver Mines' current full-year earnings is $0.51 per share.

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI last issued its quarterly earnings data on Wednesday, March 5th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.09). The firm had revenue of $302.20 million during the quarter, compared to analysts' expectations of $301.65 million. Fortuna Silver Mines had a return on equity of 10.08% and a net margin of 2.45%.

A number of other equities research analysts have also weighed in on FSM. CIBC lowered shares of Fortuna Silver Mines from a "neutral" rating to a "sector underperform" rating in a report on Tuesday, February 18th. Scotiabank cut their price target on shares of 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. Finally, Cibc World Mkts lowered shares of Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 18th.

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Fortuna Silver Mines Stock Up 1.6 %

Shares of FSM traded up $0.10 during mid-day trading on Monday, hitting $6.10. 13,417,316 shares of the company traded hands, compared to its average volume of 8,631,679. The business has a 50 day moving average of $4.82 and a 200 day moving average of $4.75. The company has a market capitalization of $1.87 billion, a PE ratio of 76.07 and a beta of 1.50. The company has a quick ratio of 1.37, a current ratio of 1.94 and a debt-to-equity ratio of 0.12. Fortuna Silver Mines has a 1-year low of $3.23 and a 1-year high of $6.36.

Hedge Funds Weigh In On Fortuna Silver Mines

Several large investors have recently made changes to their positions in FSM. Optiver Holding B.V. acquired a new stake in shares of Fortuna Silver Mines during the 4th quarter valued at about $26,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Fortuna Silver Mines during the 4th quarter worth approximately $34,000. SeaCrest Wealth Management LLC purchased a new position in shares of Fortuna Silver Mines during the 4th quarter valued at approximately $45,000. Bank of Nova Scotia acquired a new stake in Fortuna Silver Mines in the 4th quarter valued at $46,000. Finally, TD Waterhouse Canada Inc. raised its position in Fortuna Silver Mines by 24.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 12,440 shares of the basic materials company's stock worth $53,000 after acquiring an additional 2,440 shares during the period. 33.80% of the stock is currently owned by institutional investors and hedge funds.

Fortuna Silver Mines Company Profile

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.