Fortuna Silver Mines (FSM) Projected to Post Earnings on Wednesday

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) is expected to announce its Q1 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect Fortuna Silver Mines to post earnings of $0.17 per share and revenue of $291.00 million for the quarter.

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last released its earnings results on Wednesday, March 5th. The basic materials company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). Fortuna Silver Mines had a return on equity of 10.08% and a net margin of 2.45%. The firm had revenue of $302.20 million for the quarter, compared to analyst estimates of $301.65 million. On average, analysts expect Fortuna Silver Mines to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fortuna Silver Mines Stock Performance

FSM opened at $6.06 on Wednesday. The company has a current ratio of 1.94, a quick ratio of 1.37 and a debt-to-equity ratio of 0.12. Fortuna Silver Mines has a 12-month low of $3.86 and a 12-month high of $6.78. The firm has a 50 day moving average of $5.61 and a two-hundred day moving average of $5.05. The firm has a market capitalization of $1.86 billion, a PE ratio of 75.76 and a beta of 1.22.

Wall Street Analysts Forecast Growth

Several research firms have commented on FSM. National Bank Financial raised shares of Fortuna Silver Mines to a “hold” rating in a report on Friday, March 21st. CIBC lowered Fortuna Silver Mines from a “neutral” rating to a “sector underperform” rating 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 report on Tuesday, February 18th. Finally, Scotiabank increased their price target on shares of Fortuna Silver Mines from $6.00 to $7.00 and gave the stock a “sector perform” rating in a report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $7.00.

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.