FSM FY2026 EPS Estimate Increased by National Bank Financial

Fortuna Silver Mines Inc. (NYSE:FSM - Free Report) TSE: FVI - Equities researchers at National Bank Financial raised their FY2026 earnings per share (EPS) estimates for Fortuna Silver Mines in a note issued to investors on Wednesday, March 12th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $0.58 per share for the year, up from their previous estimate of $0.53. The consensus estimate for Fortuna Silver Mines' current full-year earnings is $0.51 per share. National Bank Financial also issued estimates for Fortuna Silver Mines' FY2027 earnings at $0.39 EPS.

Several other analysts also recently commented on FSM. Scotiabank lowered their price objective on Fortuna Silver Mines from $6.75 to $6.00 and set a "sector perform" rating for the company in a research note on Wednesday, January 15th. CIBC downgraded Fortuna Silver Mines from a "neutral" rating to a "sector underperform" rating in a research note on Tuesday, February 18th. Finally, Cibc World Mkts downgraded Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 18th.

Fortuna Silver Mines Stock Up 3.4 %

NYSE:FSM traded up $0.20 on Friday, hitting $5.95. The stock had a trading volume of 19,373,919 shares, compared to its average volume of 8,546,493. The business's fifty day moving average is $4.76 and its 200 day moving average is $4.73. The company has a market cap of $1.82 billion, a PE ratio of 74.32 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 52 week low of $3.23 and a 52 week high of $6.36.

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

Institutional Trading of Fortuna Silver Mines

A number of institutional investors and hedge funds have recently modified their holdings of FSM. Mackenzie Financial Corp increased its position in shares of Fortuna Silver Mines by 224.6% during the fourth quarter. Mackenzie Financial Corp now owns 4,720,375 shares of the basic materials company's stock valued at $20,240,000 after acquiring an additional 3,266,096 shares during the last quarter. Tidal Investments LLC increased its position in shares of Fortuna Silver Mines by 40.3% during the fourth quarter. Tidal Investments LLC now owns 7,542,803 shares of the basic materials company's stock valued at $32,359,000 after acquiring an additional 2,165,430 shares during the last quarter. Invesco Ltd. increased its position in shares of Fortuna Silver Mines by 1,558.0% during the fourth quarter. Invesco Ltd. now owns 1,940,748 shares of the basic materials company's stock valued at $8,326,000 after acquiring an additional 1,823,695 shares during the last quarter. D. E. Shaw & Co. Inc. increased its position in shares of Fortuna Silver Mines by 17.1% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 8,340,195 shares of the basic materials company's stock valued at $35,779,000 after acquiring an additional 1,219,864 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Fortuna Silver Mines by 63.9% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,170,700 shares of the basic materials company's stock valued at $9,305,000 after acquiring an additional 845,900 shares during the last quarter. 33.80% of the stock is owned by hedge funds and other institutional investors.

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.