Fortuna Silver Mines (FSM) Expected to Announce Quarterly Earnings on Wednesday

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI is projected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect Fortuna Silver Mines to post earnings of $0.17 per share and revenue of $291.00 million for the quarter.

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI last issued its quarterly earnings results on Wednesday, March 5th. The basic materials company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.09). The business had revenue of $302.20 million for the quarter, compared to analysts' expectations of $301.65 million. Fortuna Silver Mines had a net margin of 2.45% and a return on equity of 10.08%. On average, analysts expect Fortuna Silver Mines to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fortuna Silver Mines Stock Down 0.5 %

Shares of NYSE FSM traded down $0.03 during mid-day trading on Friday, reaching $5.92. The company had a trading volume of 12,614,289 shares, compared to its average volume of 9,683,285. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.37 and a current ratio of 1.94. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 74.01 and a beta of 1.22. The stock has a fifty day moving average of $5.71 and a two-hundred day moving average of $5.08. Fortuna Silver Mines has a 12-month low of $3.86 and a 12-month high of $6.78.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on FSM shares. Scotiabank lifted their target price on shares of Fortuna Silver Mines from $6.00 to $7.00 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Cibc World Mkts cut Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a research report on Tuesday, February 18th. National Bank Financial raised Fortuna Silver Mines to a "hold" rating in a research report on Friday, March 21st. Finally, CIBC lowered Fortuna Silver Mines from a "neutral" rating to a "sector underperform" rating in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $7.00.

Fortuna Silver Mines Company Profile

Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire.