Fortuna Silver Mines (FSM) Scheduled to Post Earnings on Wednesday

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI will be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Fortuna Silver Mines to post earnings of $0.16 per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI last released its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). The firm had revenue of $259.97 million for the quarter. Fortuna Silver Mines had a net margin of 0.20% and a return on equity of 8.75%. On average, analysts expect Fortuna Silver Mines to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fortuna Silver Mines Trading Down 3.2 %

Shares of NYSE:FSM traded down $0.17 during mid-day trading on Wednesday, hitting $5.11. The stock had a trading volume of 6,616,856 shares, compared to its average volume of 6,314,170. The company's 50 day moving average is $4.77 and its 200-day moving average is $4.92. Fortuna Silver Mines has a 12-month low of $2.63 and a 12-month high of $6.36. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.00 and a current ratio of 1.51. The company has a market cap of $1.56 billion, a PE ratio of -46.45 and a beta of 1.60.

Wall Street Analysts Forecast Growth

Separately, Scotiabank raised their target price on Fortuna Silver Mines from $6.00 to $6.50 and gave the stock a "sector perform" rating in a research report on Monday, August 19th.

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.