Fortuna Silver Mines Inc. (NYSE:FSM – Free Report) (TSE:FVI) – Stock analysts at National Bank Financial increased their FY2025 earnings per share estimates for Fortuna Silver Mines in a research note issued on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings of $0.68 per share for the year, up from their prior estimate of $0.66. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.52 per share.
Separately, Scotiabank decreased their price target on shares of Fortuna Silver Mines from $6.75 to $6.00 and set a “sector perform” rating for the company in a report on Wednesday, January 15th.
Fortuna Silver Mines Stock Down 2.5 %
FSM stock opened at $5.26 on Wednesday. The stock has a market capitalization of $1.61 billion, a PE ratio of 65.70 and a beta of 1.56. Fortuna Silver Mines has a 52 week low of $2.63 and a 52 week high of $6.36. The company has a quick ratio of 1.37, a current ratio of 1.94 and a debt-to-equity ratio of 0.12. The firm has a 50 day moving average of $4.63 and a 200 day moving average of $4.69.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new stake in Fortuna Silver Mines in the third quarter valued at approximately $29,000. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Fortuna Silver Mines during the 4th quarter valued at approximately $34,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Fortuna Silver Mines in the 4th quarter valued at $45,000. Private Advisor Group LLC purchased a new stake in shares of Fortuna Silver Mines in the 3rd quarter valued at $50,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Fortuna Silver Mines in the fourth quarter worth $67,000. 33.80% of the stock is owned by institutional investors and hedge funds.
Fortuna Silver Mines Company Profile
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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