Scotiabank Brokers Increase Earnings Estimates for TSE:FVI

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Scotiabank upped their FY2024 earnings estimates for Fortuna Silver Mines in a note issued to investors on Wednesday, January 8th. Scotiabank analyst E. Winmill now forecasts that the company will earn $0.75 per share for the year, up from their prior estimate of $0.57. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share. Scotiabank also issued estimates for Fortuna Silver Mines’ FY2025 earnings at $0.86 EPS and FY2026 earnings at $0.66 EPS.

Fortuna Silver Mines Stock Performance

Shares of TSE:FVI opened at C$6.10 on Monday. The company has a debt-to-equity ratio of 16.12, a quick ratio of 1.15 and a current ratio of 1.51. The firm has a market cap of C$1.91 billion, a PE ratio of -39.25 and a beta of 1.63. The firm’s 50 day simple moving average is C$6.57 and its 200-day simple moving average is C$6.57. Fortuna Silver Mines has a one year low of C$3.57 and a one year high of C$8.68.

Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d’Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d’Ivoire.