Scotiabank Predicts Lower Earnings for Fortuna Silver Mines

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for Fortuna Silver Mines in a note issued to investors on Thursday, July 23rd. Scotiabank analyst E. Winmill now expects that the company will earn $1.86 per share for the year, down from their previous estimate of $1.91. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share. Scotiabank also issued estimates for Fortuna Silver Mines’ FY2027 earnings at $1.96 EPS.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.50 earnings per share (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 for the quarter.

Fortuna Silver Mines Price Performance

TSE:FVI opened at C$11.83 on Friday. The company has a debt-to-equity ratio of 11.81, a current ratio of 3.17 and a quick ratio of 1.15. Fortuna Silver Mines has a one year low of C$8.49 and a one year high of C$18.99. The company has a fifty day moving average price of C$12.49 and a 200 day moving average price of C$13.89. The stock has a market cap of C$3.58 billion, a P/E ratio of 11.16 and a beta of 2.67.

Insider Transactions at Fortuna Silver Mines

In related news, Director Jorge A. Ganoza Durant acquired 10,000 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were bought at an average price of C$13.29 per share, for a total transaction of C$132,900.00. Following the acquisition, the director owned 1,526,443 shares in the company, valued at C$20,286,427.47. This trade represents a 0.66% increase in their position. In the last quarter, insiders have acquired 40,000 shares of company stock valued at $579,200. Company 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.