Fortuna Silver Mines (FSM) Scheduled to Post Quarterly Earnings on Tuesday

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) will release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Fortuna Silver Mines to post earnings of $0.03 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last posted its quarterly earnings data on Wednesday, March 6th. The basic materials company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.01). Fortuna Silver Mines had a positive return on equity of 5.03% and a negative net margin of 5.99%. The company had revenue of $265.31 million during the quarter. On average, analysts expect Fortuna Silver Mines to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Fortuna Silver Mines Trading Down 1.9 %

Shares of Fortuna Silver Mines stock opened at $4.59 on Monday. The company has a 50 day simple moving average of $3.92 and a two-hundred day simple moving average of $3.56. The firm has a market cap of $1.40 billion, a PE ratio of -28.69 and a beta of 1.57. Fortuna Silver Mines has a 1 year low of $2.58 and a 1 year high of $4.94. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 0.89.

Analyst Ratings Changes

A number of research analysts recently commented on FSM shares. StockNews.com cut Fortuna Silver Mines from a “buy” rating to a “hold” rating in a research note on Monday, April 15th. Scotiabank increased their price objective on Fortuna Silver Mines from $4.00 to $4.75 and gave the company a “sector perform” rating in a research report on Monday, April 8th. Finally, TheStreet downgraded Fortuna Silver Mines from a “c-” rating to a “d” rating in a research report on Thursday, March 7th.

About Fortuna Silver Mines

Fortuna Silver Mines Inc 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.