Scotiabank Research Analysts Lift Earnings Estimates for FSM

Fortuna Silver Mines Inc. (NYSE:FSMFree Report) (TSE:FVI) – Equities researchers at Scotiabank boosted their FY2025 earnings per share estimates for Fortuna Silver Mines in a report released on Wednesday, January 8th. Scotiabank analyst E. Winmill now anticipates that the basic materials company will earn $0.60 per share for the year, up from their prior forecast 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 Performance

Shares of FSM opened at $4.24 on Monday. The company has a market capitalization of $1.30 billion, a PE ratio of 53.01 and a beta of 1.55. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.94 and a quick ratio of 1.37. Fortuna Silver Mines has a one year low of $2.63 and a one year high of $6.36. The company’s fifty day moving average price is $4.65 and its 200 day moving average price is $4.74.

Institutional Trading of Fortuna Silver Mines

Several hedge funds and other institutional investors have recently bought and sold shares of FSM. Choreo LLC bought a new stake in shares of Fortuna Silver Mines during the second quarter valued at approximately $59,000. American Century Companies Inc. increased its holdings in Fortuna Silver Mines by 28.2% in the 2nd quarter. American Century Companies Inc. now owns 4,839,145 shares of the basic materials company’s stock valued at $23,664,000 after buying an additional 1,065,370 shares during the period. Dimensional Fund Advisors LP increased its holdings in Fortuna Silver Mines by 6.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,107,298 shares of the basic materials company’s stock valued at $29,865,000 after buying an additional 346,008 shares during the period. Renaissance Technologies LLC raised its stake in shares of Fortuna Silver Mines by 94.9% in the 2nd quarter. Renaissance Technologies LLC now owns 5,147,900 shares of the basic materials company’s stock valued at $25,173,000 after buying an additional 2,507,249 shares in the last quarter. Finally, AE Wealth Management LLC bought a new position in shares of Fortuna Silver Mines during the 2nd quarter worth about $118,000. 33.80% of the stock is currently owned by institutional investors and hedge funds.

About Fortuna Silver Mines

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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.

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