Fortuna Silver Mines (FVI) to Release Earnings on Tuesday

Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM will be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect Fortuna Silver Mines to post earnings of C$0.04 per share for the quarter.

Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM last released its quarterly earnings results on Wednesday, March 6th. The company reported C$0.10 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.01). The firm had revenue of C$361.23 million during the quarter. Fortuna Silver Mines had a negative return on equity of 3.39% and a negative net margin of 6.03%.

Fortuna Silver Mines Price Performance

Shares of Fortuna Silver Mines stock traded down C$0.18 during trading on Tuesday, hitting C$6.25. The stock had a trading volume of 731,691 shares, compared to its average volume of 666,592. The firm has a market cap of C$1.92 billion, a price-to-earnings ratio of -27.48 and a beta of 1.66. Fortuna Silver Mines has a 12 month low of C$3.56 and a 12 month high of C$6.80. The business's 50-day moving average is C$5.12 and its 200 day moving average is C$4.76. The company has a current ratio of 1.37, a quick ratio of 1.15 and a debt-to-equity ratio of 20.51.

Analyst Ratings Changes

FVI has been the topic of several research analyst reports. National Bankshares decreased their price target on shares of Fortuna Silver Mines from C$7.75 to C$7.50 in a report on Friday, April 19th. Canaccord Genuity Group upped their price target on shares of Fortuna Silver Mines from C$6.00 to C$7.50 in a report on Tuesday, April 23rd. CIBC upped their price target on shares of Fortuna Silver Mines from C$7.00 to C$8.00 in a report on Monday, April 15th. Finally, BMO Capital Markets reduced their target price on Fortuna Silver Mines from C$7.00 to C$6.50 in a research note on Friday, March 8th.

Insider Activity at Fortuna Silver Mines

In related news, Senior Officer Eric Chapman sold 48,900 shares of the stock in a transaction on Monday, April 8th. The stock was sold at an average price of C$6.41, for a total value of C$313,375.65. In other Fortuna Silver Mines news, Senior Officer Eric Chapman sold 48,900 shares of the company's stock in a transaction dated Monday, April 8th. The shares were sold at an average price of C$6.41, for a total transaction of C$313,375.65. Also, Senior Officer David Whittle sold 5,421 shares of the company's stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$4.91, for a total transaction of C$26,617.11. 0.77% of the stock is owned by insiders.

Fortuna Silver Mines Company Profile

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.