Scotiabank Has Negative Outlook for TSE:FVI FY2026 Earnings

Key Points

• Scotiabank lowered its FY2026 EPS forecast for Fortuna Silver Mines to $1.49 from $1.73, while projecting FY2027 EPS of $2.08. The revised FY2026 estimate remains above the current consensus forecast of $0.79.
• Fortuna reported quarterly EPS of C$0.36 and revenue of C$452.4 million, with a 32.02% net margin and 22.20% return on equity.
• The stock was trading at C$13.05, below both its 50-day and 200-day moving averages. Insiders sold 123,529 shares worth approximately C$1.86 million during the last quarter.

Fortuna Silver Mines Inc. (TSE:FVI - Free Report) NYSE: FSM - Equities research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Fortuna Silver Mines in a note issued to investors on Thursday, October 22nd. Scotiabank analyst E. Winmill now anticipates that the company will earn $1.49 per share for the year, down from their previous estimate of $1.73. 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 $2.08 EPS.

Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM last posted its quarterly earnings data on Wednesday, August 5th. The company reported C$0.36 EPS for the quarter. Fortuna Silver Mines had a net margin of 32.02% and a return on equity of 22.20%. The firm had revenue of C$452.40 million during the quarter.

Fortuna Silver Mines Trading Up 1.6%

TSE:FVI opened at C$13.05 on Tuesday. The stock's 50 day moving average price is C$15.96 and its 200 day moving average price is C$14.36. Fortuna Silver Mines has a 52 week low of C$10.78 and a 52 week high of C$18.99. The company has a market capitalization of C$3.86 billion, a P/E ratio of 11.06 and a beta of 2.68. The company has a debt-to-equity ratio of 13.25, a quick ratio of 1.15 and a current ratio of 3.00.

Insider Activity at Fortuna Silver Mines

In related news, insider David Whittle sold 28,000 shares of Fortuna Silver Mines stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of C$15.09, for a total value of C$422,520.00. Following the transaction, the insider owned 35,646 shares in the company, valued at C$537,898.14. This trade represents a 43.99% decrease in their position. Also, insider Neil Colbourne sold 7,000 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of C$14.90, for a total value of C$104,300.00. Following the sale, the insider owned 6,000 shares of the company's stock, valued at approximately C$89,400. The trade was a 53.85% decrease in their position. In the last quarter, insiders have sold 123,529 shares of company stock worth $1,859,717. Corporate insiders own 0.83% of the company's stock.

About Fortuna Silver Mines

Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and a portfolio of exploration projects in Argentina, Côte d'Ivoire, Guinea, Guyana, and Peru, as well as the Diamba Sud Gold Project in Senegal. Sustainability is at the core of our operations and stakeholder relationships. We produce gold and silver while creating long-term shared value through efficient production, environmental stewardship, and social responsibility. For more information, please visit our website at www.fortunamining.

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