Scotiabank Has Positive Outlook of TSE:FVI FY2025 Earnings

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Stock analysts at Scotiabank increased their FY2025 earnings estimates for Fortuna Silver Mines in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings of $0.87 per share for the year, up from their prior forecast of $0.86. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

Several other analysts have also issued reports on FVI. CIBC lowered shares of Fortuna Silver Mines from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from C$8.00 to C$7.00 in a research report on Tuesday, February 18th. Cibc World Mkts lowered shares of Fortuna Silver Mines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 18th.

Fortuna Silver Mines Stock Performance

TSE FVI opened at C$8.39 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.15 and a debt-to-equity ratio of 13.30. The firm’s fifty day moving average price is C$7.01 and its two-hundred day moving average price is C$6.70. Fortuna Silver Mines has a 1 year low of C$4.58 and a 1 year high of C$8.77. The firm has a market capitalization of C$1.85 billion, a P/E ratio of 74.47 and a beta of 1.63.

About Fortuna Silver Mines

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.