Research Analysts Set Expectations for FSM FY2025 Earnings

Fortuna Silver Mines Inc. (NYSE:FSM) (TSE:FVI) – Equities researchers at National Bank Financial reduced their FY2025 earnings estimates for shares of Fortuna Silver Mines in a research report issued on Wednesday, March 12th. National Bank Financial analyst D. Demarco now forecasts that the basic materials company will post earnings of $0.65 per share for the year, down from their previous estimate of $0.68. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.51 per share.

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last released its quarterly earnings data on Wednesday, March 5th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.09). Fortuna Silver Mines had a net margin of 2.45% and a return on equity of 10.08%. The business had revenue of $302.20 million during the quarter, compared to analyst estimates of $301.65 million.

Other equities research analysts have also issued research reports about the stock. Scotiabank reduced their price objective on shares of Fortuna Silver Mines from $6.75 to $6.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 15th. Cibc World Mkts lowered shares of Fortuna Silver Mines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 18th. Finally, CIBC lowered shares of Fortuna Silver Mines from a “neutral” rating to a “sector underperform” rating in a research report on Tuesday, February 18th.

Fortuna Silver Mines Stock Up 3.4 %

FSM stock opened at $5.95 on Monday. The company has a current ratio of 1.94, a quick ratio of 1.37 and a debt-to-equity ratio of 0.12. Fortuna Silver Mines has a 1 year low of $3.23 and a 1 year high of $6.36. The company has a fifty day simple moving average of $4.79 and a 200 day simple moving average of $4.74. The firm has a market cap of $1.82 billion, a PE ratio of 74.32 and a beta of 1.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FSM. Dynamic Technology Lab Private Ltd acquired a new position in Fortuna Silver Mines during the 3rd quarter worth $1,828,000. The Manufacturers Life Insurance Company increased its holdings in shares of Fortuna Silver Mines by 323.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,075,479 shares of the basic materials company’s stock worth $5,005,000 after purchasing an additional 821,495 shares during the period. Quantbot Technologies LP increased its holdings in shares of Fortuna Silver Mines by 239.0% during the 3rd quarter. Quantbot Technologies LP now owns 355,474 shares of the basic materials company’s stock worth $1,646,000 after purchasing an additional 250,618 shares during the period. De Lisle Partners LLP bought a new position in shares of Fortuna Silver Mines during the 3rd quarter worth about $1,672,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Fortuna Silver Mines during the 3rd quarter worth about $1,347,000. Institutional investors and hedge funds own 33.80% of the company’s stock.

About Fortuna Silver Mines

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.