National Bank Financial Weighs in on Fortuna Silver Mines Inc’s FY2017 Earnings (FVI)
Fortuna Silver Mines Inc (TSE:FVI) (NYSE:FSM) – Stock analysts at National Bank Financial lifted their FY2017 EPS estimates for Fortuna Silver Mines in a note issued to investors on Thursday. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.31 per share for the year, up from their prior estimate of $0.29. National Bank Financial has a “Outperform” rating and a $7.75 price objective on the stock. National Bank Financial also issued estimates for Fortuna Silver Mines’ FY2018 earnings at $0.30 EPS.
FVI has been the subject of several other reports. Canaccord Genuity reissued a “buy” rating and issued a C$8.50 target price on shares of Fortuna Silver Mines in a research note on Thursday, September 7th. CIBC decreased their price objective on Fortuna Silver Mines from C$9.00 to C$8.00 in a research note on Wednesday, August 16th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Fortuna Silver Mines presently has an average rating of “Buy” and a consensus price target of C$8.38.
ILLEGAL ACTIVITY WARNING: This news story was reported by Daily Political and is the property of of Daily Political. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and international trademark and copyright laws. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/09/26/national-bank-financial-weighs-in-on-fortuna-silver-mines-incs-fy2017-earnings-fvi.html.
Fortuna Silver Mines (TSE FVI) opened at 5.86 on Monday. The company’s 50-day moving average price is $5.81 and its 200 day moving average price is $6.29. Fortuna Silver Mines has a 52 week low of $5.44 and a 52 week high of $10.32. The company has a market cap of $933.05 million and a PE ratio of 22.89.
About Fortuna Silver Mines
Fortuna Silver Mines Inc is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico.
Receive News & Ratings for Fortuna Silver Mines Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortuna Silver Mines Inc and related companies with MarketBeat.com's FREE daily email newsletter.