Scotiabank Has Negative Outlook for TSE:FVI FY2026 Earnings

Key Points

• Scotiabank slightly cut its FY2026 EPS estimate for Fortuna Silver Mines from $2.23 to $2.22 per share (analyst E. Winmill), notably higher than the MarketBeat consensus full-year estimate of $0.79 per share.
• Analyst sentiment remains broadly positive: the stock has a consensus "Buy" rating with a C$15.75 price target, and peers like BMO and CIBC recently raised price targets and ratings (BMO to C$17, CIBC to C$16 and upgraded to neutral).
• Fortuna shares opened at C$12.90 (market cap C$3.93B) and the company reported Q4-like results of C$0.32 EPS on C$357.48M revenue with a 27.64% net margin and a P/E of 14.33.

Fortuna Silver Mines Inc. (TSE:FVI - Free Report) NYSE: FSM - Equities researchers at Scotiabank lowered their FY2026 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 earn $2.22 per share for the year, down from their previous estimate of $2.23. The consensus estimate for Fortuna Silver Mines' current full-year earnings is $0.79 per share.

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

Fortuna Silver Mines Trading Down 1.5%

Shares of Fortuna Silver Mines stock opened at C$12.90 on Monday. The company has a debt-to-equity ratio of 15.92, a quick ratio of 1.15 and a current ratio of 2.98. The company has a market cap of C$3.93 billion, a P/E ratio of 14.33 and a beta of 2.56. Fortuna Silver Mines has a fifty-two week low of C$7.32 and a fifty-two week high of C$18.99. The firm has a 50-day simple moving average of C$14.74 and a two-hundred day simple moving average of C$13.84.

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

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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