FSM FY2026 EPS Estimate Boosted by National Bank Financial

Fortuna Silver Mines Inc. (NYSE:FSM - Free Report) TSE: FVI - Analysts at National Bank Financial upped their FY2026 earnings estimates for shares of Fortuna Silver Mines in a report issued on Tuesday, April 22nd. National Bank Financial analyst M. Sidibe now expects that the basic materials company will post earnings per share of $0.79 for the year, up from their previous forecast of $0.58. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Fortuna Silver Mines' current full-year earnings is $0.51 per share.

Several other brokerages also recently issued reports on FSM. Scotiabank lifted their price target on shares of Fortuna Silver Mines from $6.00 to $7.00 and gave the company a "sector perform" rating in a report on Monday, April 14th. CIBC downgraded shares of Fortuna Silver Mines from a "neutral" rating to a "sector underperform" rating in a report on Tuesday, February 18th. Finally, Cibc World Mkts downgraded shares of Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $7.00.

Fortuna Silver Mines Price Performance

Shares of NYSE:FSM traded up $0.14 during midday trading on Friday, reaching $6.21. 10,862,474 shares of the company's stock were exchanged, compared to its average volume of 9,585,318. The company's 50 day simple moving average is $5.61 and its two-hundred day simple moving average is $5.05. The firm has a market capitalization of $1.91 billion, a PE ratio of 77.63 and a beta of 1.22. Fortuna Silver Mines has a 12 month low of $3.86 and a 12 month high of $6.78. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.37 and a current ratio of 1.94.

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI last released its quarterly earnings data on Wednesday, March 5th. The basic materials company reported $0.11 EPS 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 the consensus estimate of $301.65 million. Fortuna Silver Mines had a return on equity of 10.08% and a net margin of 2.45%.

Institutional Trading of Fortuna Silver Mines

Several hedge funds have recently added to or reduced their stakes in the business. Optiver Holding B.V. bought a new position in Fortuna Silver Mines during the 4th quarter worth about $26,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Fortuna Silver Mines in the fourth quarter valued at approximately $34,000. SeaCrest Wealth Management LLC acquired a new position in shares of Fortuna Silver Mines in the fourth quarter valued at approximately $45,000. Bank of Nova Scotia acquired a new position in shares of Fortuna Silver Mines in the fourth quarter valued at approximately $46,000. Finally, TD Waterhouse Canada Inc. grew its position in shares of Fortuna Silver Mines by 24.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 12,440 shares of the basic materials company's stock valued at $53,000 after purchasing an additional 2,440 shares during the last quarter. Institutional investors and hedge funds own 33.80% of the company's stock.

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.