Equities Analysts Issue Forecasts for FSM FY2025 Earnings

Fortuna Silver Mines Inc. (NYSE:FSM) (TSE:FVI) – Investment analysts at Scotiabank lifted their FY2025 earnings per share estimates for shares of Fortuna Silver Mines in a research report issued on Wednesday, January 8th. Scotiabank analyst E. Winmill now expects that the basic materials company will earn $0.60 per share for the year, up from their previous estimate of $0.46. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Fortuna Silver Mines’ FY2026 earnings at $0.46 EPS.

Fortuna Silver Mines Stock Down 2.4 %

Shares of NYSE:FSM opened at $4.40 on Monday. The firm has a market capitalization of $1.35 billion, a PE ratio of 55.01 and a beta of 1.55. Fortuna Silver Mines has a 1 year low of $2.63 and a 1 year high of $6.36. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.94 and a quick ratio of 1.37. The firm’s 50-day moving average is $4.65 and its two-hundred day moving average is $4.74.

Institutional Investors Weigh In On Fortuna Silver Mines

Several large investors have recently bought and sold shares of FSM. Van ECK Associates Corp lifted its position in shares of Fortuna Silver Mines by 2.6% during the 3rd quarter. Van ECK Associates Corp now owns 30,563,833 shares of the basic materials company’s stock worth $141,511,000 after purchasing an additional 788,703 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Fortuna Silver Mines by 6.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,107,298 shares of the basic materials company’s stock worth $29,865,000 after acquiring an additional 346,008 shares in the last quarter. D. E. Shaw & Co. Inc. increased its holdings in shares of Fortuna Silver Mines by 165.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 5,557,376 shares of the basic materials company’s stock valued at $27,176,000 after acquiring an additional 3,467,562 shares during the last quarter. Tidal Investments LLC raised its position in shares of Fortuna Silver Mines by 1.8% during the 3rd quarter. Tidal Investments LLC now owns 5,377,373 shares of the basic materials company’s stock worth $24,897,000 after acquiring an additional 92,764 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Fortuna Silver Mines by 94.9% during the 2nd quarter. Renaissance Technologies LLC now owns 5,147,900 shares of the basic materials company’s stock worth $25,173,000 after acquiring an additional 2,507,249 shares in the last quarter. Hedge funds and other institutional investors 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.