National Bank Financial Predicts TSE:FVI Q3 Earnings

Fortuna Silver Mines Inc. (TSE:FVI - Free Report) NYSE: FSM - Stock analysts at National Bank Financial lowered their Q3 2024 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a research note issued to investors on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.15 per share for the quarter, down from their prior estimate of $0.22. The consensus estimate for Fortuna Silver Mines' current full-year earnings is $0.79 per share.

Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM last released its quarterly earnings results on Wednesday, August 7th. The company reported C$0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.22 by C($0.04). The firm had revenue of C$355.70 million for the quarter. Fortuna Silver Mines had a return on equity of 1.00% and a net margin of 0.20%.

Separately, Canaccord Genuity Group raised their price target on Fortuna Silver Mines from C$7.50 to C$8.00 in a research note on Tuesday, July 23rd.

Fortuna Silver Mines Price Performance

The stock's 50-day moving average price is C$6.42 and its 200 day moving average price is C$6.72. The stock has a market cap of C$2.21 billion, a P/E ratio of -39.25 and a beta of 1.63. The company has a quick ratio of 1.15, a current ratio of 1.51 and a debt-to-equity ratio of 16.12. Fortuna Silver Mines has a 12 month low of C$3.57 and a 12 month high of C$8.68.

Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc 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.