FY2027 EPS Estimate for Fortuna Silver Mines Cut by Analyst

Key Points

• Scotiabank analyst E. Winmill cut Fortuna Silver Mines' FY2027 EPS estimate to $2.31 from $2.38, while the consensus estimate for the company's current full-year earnings is $0.79 per share.
• Other analysts have recently raised ratings and targets—CIBC upgraded to neutral and lifted its target to C$16, BMO raised its target to C$17—and the stock carries an average rating of Buy with a consensus target of C$15.75.

Fortuna Silver Mines Inc. (TSE:FVI - Free Report) NYSE: FSM - Investment analysts at Scotiabank dropped their FY2027 EPS estimates for Fortuna Silver Mines in a research note issued to investors on Friday, May 1st. Scotiabank analyst E. Winmill now expects that the company will post earnings per share of $2.31 for the year, down from their previous estimate of $2.38. The consensus estimate for Fortuna Silver Mines' current full-year earnings is $0.79 per share.

Other research analysts have also recently issued reports about the company. Canadian Imperial Bank of Commerce raised Fortuna Silver Mines from an "underperform" rating to a "neutral" rating and boosted their target price for the stock from C$9.00 to C$16.00 in a research note on Wednesday, February 4th. BMO Capital Markets raised their price target on Fortuna Silver Mines from C$15.00 to C$17.00 in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Fortuna Silver Mines presently has an average rating of "Buy" and a consensus target price of C$15.75.

Fortuna Silver Mines Stock Performance

TSE:FVI opened at C$12.53 on Tuesday. Fortuna Silver Mines has a 52 week low of C$7.32 and a 52 week high of C$18.99. The company has a fifty day simple moving average of C$14.74 and a two-hundred day simple moving average of C$13.84. The company has a quick ratio of 1.15, a current ratio of 2.98 and a debt-to-equity ratio of 15.92. The company has a market cap of C$3.82 billion, a price-to-earnings ratio of 13.92 and a beta of 2.56.

Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM last announced its earnings results on Thursday, February 19th. The company reported C$0.32 earnings per share for the quarter. Fortuna Silver Mines had a net margin of 27.64% and a return on equity of 18.47%. The firm had revenue of C$357.48 million for the quarter.

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.

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