What is Scotiabank’s Forecast for TSE:FVI FY2025 Earnings?

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Scotiabank cut their FY2025 earnings estimates for shares of Fortuna Silver Mines in a research report issued on Friday, January 23rd. Scotiabank analyst E. Winmill now expects that the company will earn $1.02 per share for the year, down from their prior forecast of $1.06. Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

Several other equities analysts have also recently issued reports on FVI. National Bankshares upgraded shares of Fortuna Silver Mines from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$14.25 to C$15.00 in a research report on Tuesday, November 25th. BMO Capital Markets upped their price target on Fortuna Silver Mines from C$15.00 to C$17.00 in a research report on Friday, January 16th. Finally, Canaccord Genuity Group raised their price objective on Fortuna Silver Mines from C$10.50 to C$15.00 in a research report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$13.50.

Fortuna Silver Mines Stock Performance

TSE:FVI opened at C$15.73 on Monday. The stock’s 50-day moving average is C$13.77 and its 200-day moving average is C$11.89. Fortuna Silver Mines has a 1-year low of C$5.99 and a 1-year high of C$17.14. The company has a current ratio of 1.94, a quick ratio of 1.15 and a debt-to-equity ratio of 13.30. The stock has a market cap of C$4.80 billion, a P/E ratio of 21.26 and a beta of 1.72.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.17 EPS for the quarter. Fortuna Silver Mines had a return on equity of 1.91% and a net margin of 2.45%.The company had revenue of C$350.00 million during the quarter.

Insider Activity

In other news, insider Luis Dario Ganoza Durant sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of C$13.75, for a total value of C$343,750.00. Following the completion of the sale, the insider directly owned 381,412 shares in the company, valued at C$5,244,415. This trade represents a 6.15% decrease in their position. Over the last quarter, insiders have sold 50,000 shares of company stock worth $687,360. 0.83% of the stock is owned by corporate insiders.

Fortuna Silver Mines Company Profile

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.