What is Scotiabank’s Estimate for Sinda FY2026 Earnings?

Sinda Ltd. (NYSE:SIND) – Stock analysts at Scotiabank cut their FY2026 earnings per share estimates for Sinda in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst E. Winmill now anticipates that the company will earn ($0.24) per share for the year, down from their previous estimate of ($0.17). Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for Sinda’s current full-year earnings is ($0.32) per share.

Sinda (NYSE:SIND) last issued its quarterly earnings data on Friday, August 14th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.01).

Other research analysts have also recently issued reports about the stock. UBS Group set a $19.00 price target on shares of Sinda in a report on Tuesday, July 21st. BMO Capital Markets increased their price objective on shares of Sinda from $16.00 to $19.00 and gave the company an “outperform” rating in a research note on Monday, August 17th. Wall Street Zen cut shares of Sinda from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Citigroup started coverage on Sinda in a research note on Tuesday, July 21st. They issued a “buy” rating and a $18.00 target price on the stock. Finally, Royal Bank Of Canada assumed coverage on Sinda in a report on Tuesday, July 21st. They issued an “outperform” rating and a $19.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $18.83.

Sinda Price Performance

Shares of SIND stock opened at $18.02 on Monday. The firm has a 50-day moving average price of $14.07. Sinda has a one year low of $10.03 and a one year high of $18.95.

Hedge Funds Weigh In On Sinda

A hedge fund recently bought a new position in Sinda stock. Bornite Capital Management LP acquired a new position in shares of Sinda Ltd. (NYSE:SIND) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 200,000 shares of the company’s stock, valued at approximately $2,400,000. Sinda comprises approximately 0.3% of Bornite Capital Management LP’s holdings, making the stock its 20th largest holding. Bornite Capital Management LP owned about 0.13% of Sinda as of its most recent SEC filing.

Sinda Company Profile

We hold title to, or have exploration and exploitation rights on, five contiguous mining concessions covering a large-scale, high-grade, silver-gold greenfield discovery located in the historic Guanajuato epithermal silver belt of Mexico (the “Sinda Property” or the “Project”). The Sinda Property is a large primary silver asset that we believe has the potential to be a globally significant mining operation. The Sinda Property is located approximately 22 miles (35 kilometers) from the colonial city of San Miguel de Allende in the Mexican state of Guanajuato, approximately 180 miles (290 kilometers) northwest of Mexico City and 28 miles (45 kilometers) southeast of the Guanajuato Mining District, in close proximity to several of the world’s largest and historically most productive silver deposits and mines.