FY2027 Earnings Estimate for TSE:FVI Issued By Scotiabank

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Equities researchers at Scotiabank boosted their FY2027 earnings estimates for shares of Fortuna Silver Mines in a research report issued on Tuesday, August 4th. Scotiabank analyst E. Winmill now forecasts that the company will earn $2.10 per share for the year, up from their prior estimate of $1.96. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.50 EPS for the quarter. Fortuna Silver Mines had a net margin of 31.11% and a return on equity of 20.79%. The business had revenue of C$476.14 million during the quarter.

Fortuna Silver Mines Stock Performance

TSE:FVI opened at C$13.47 on Thursday. Fortuna Silver Mines has a twelve month low of C$8.49 and a twelve month high of C$18.99. The company has a quick ratio of 1.15, a current ratio of 3.17 and a debt-to-equity ratio of 11.81. The stock’s 50-day simple moving average is C$12.33 and its 200 day simple moving average is C$13.77. The firm has a market capitalization of C$4.08 billion, a PE ratio of 12.71 and a beta of 2.66.

Insider Buying and Selling at Fortuna Silver Mines

In related news, Director Jorge A. Ganoza Durant purchased 10,000 shares of the stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of C$13.29 per share, for a total transaction of C$132,900.00. Following the completion of the acquisition, the director owned 1,526,443 shares of the company’s stock, valued at approximately C$20,286,427.47. This represents a 0.66% increase in their ownership of the stock. Insiders have acquired a total of 40,000 shares of company stock worth $579,200 over the last quarter. Insiders own 0.83% of the company’s stock.

About Fortuna Silver Mines

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan.