FSM FY2025 EPS Estimate Raised by National Bank Financial

Fortuna Silver Mines Inc. (NYSE:FSM) (TSE:FVI) – Equities researchers at National Bank Financial boosted their FY2025 earnings per share estimates for Fortuna Silver Mines in a research note issued to investors on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will post earnings per share of $0.68 for the year, up from their previous estimate of $0.66. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.52 per share.

Separately, Scotiabank dropped their price objective on shares of Fortuna Silver Mines from $6.75 to $6.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 15th.

Fortuna Silver Mines Trading Down 2.5 %

NYSE FSM opened at $5.26 on Wednesday. Fortuna Silver Mines has a one year low of $2.63 and a one year high of $6.36. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.37 and a current ratio of 1.94. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 65.70 and a beta of 1.56. The company’s 50-day simple moving average is $4.63 and its two-hundred day simple moving average is $4.69.

Institutional Investors Weigh In On Fortuna Silver Mines

A number of institutional investors have recently added to or reduced their stakes in the stock. LPL Financial LLC raised its holdings in Fortuna Silver Mines by 65.4% in the fourth quarter. LPL Financial LLC now owns 93,505 shares of the basic materials company’s stock worth $401,000 after purchasing an additional 36,963 shares in the last quarter. American Century Companies Inc. grew its position in shares of Fortuna Silver Mines by 15.3% in the 4th quarter. American Century Companies Inc. now owns 5,038,830 shares of the basic materials company’s stock worth $21,625,000 after buying an additional 668,590 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Fortuna Silver Mines by 10.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 20,456 shares of the basic materials company’s stock worth $88,000 after acquiring an additional 2,000 shares in the last quarter. Swiss National Bank lifted its position in Fortuna Silver Mines by 2.8% during the fourth quarter. Swiss National Bank now owns 618,830 shares of the basic materials company’s stock valued at $2,655,000 after acquiring an additional 16,800 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Fortuna Silver Mines by 63.9% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,170,700 shares of the basic materials company’s stock valued at $9,305,000 after acquiring an additional 845,900 shares in the last quarter. 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.