Fortuna Silver Mines (FSM) Scheduled to Post Earnings on Tuesday

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI is scheduled to be announcing its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Fortuna Silver Mines (NYSE:FSM - Get Free Report) TSE: FVI last posted its quarterly earnings data on Wednesday, March 6th. The basic materials company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). Fortuna Silver Mines had a negative net margin of 5.99% and a positive return on equity of 5.03%. The firm had revenue of $265.31 million during the quarter. On average, analysts expect Fortuna Silver Mines to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Fortuna Silver Mines Stock Performance

Shares of NYSE FSM traded down $0.15 during trading on Tuesday, reaching $4.55. 5,798,331 shares of the stock traded hands, compared to its average volume of 5,687,745. Fortuna Silver Mines has a 52-week low of $2.58 and a 52-week high of $4.94. The company has a 50-day moving average of $3.77 and a 200-day moving average of $3.52. The stock has a market capitalization of $1.39 billion, a P/E ratio of -28.38 and a beta of 1.63. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 0.89.

Analyst Upgrades and Downgrades

FSM has been the subject of several recent research reports. TheStreet downgraded shares of Fortuna Silver Mines from a "c-" rating to a "d" rating in a research note on Thursday, March 7th. Scotiabank increased their target price on Fortuna Silver Mines from $4.00 to $4.75 and gave the stock a "sector perform" rating in a research report on Monday, April 8th. Finally, StockNews.com downgraded Fortuna Silver Mines from a "buy" rating to a "hold" rating in a research note on Monday, April 15th.

About Fortuna Silver Mines

Fortuna Silver Mines Inc 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.