FY2020 EPS Estimates for Fortuna Silver Mines Inc (FVI) Lifted by National Bank Financial

Fortuna Silver Mines Inc (TSE:FVI) (NYSE:FSM) – Analysts at National Bank Financial increased their FY2020 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a research note issued to investors on Tuesday, March 26th, according to Zacks Investment Research. National Bank Financial analyst D. Demarco now expects that the company will earn $0.56 per share for the year, up from their previous forecast of $0.44. National Bank Financial has a “Sector Perform” rating and a $7.00 price objective on the stock.

Other analysts have also issued research reports about the company. Canaccord Genuity set a C$6.50 target price on Fortuna Silver Mines in a research note on Monday, April 15th. CIBC lowered Fortuna Silver Mines from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 5th. Finally, BMO Capital Markets set a C$7.50 target price on Fortuna Silver Mines and gave the stock an “outperform” rating in a research note on Thursday, February 21st.

FVI stock traded down C$0.14 during midday trading on Friday, reaching C$4.08. The company’s stock had a trading volume of 366,100 shares, compared to its average volume of 408,863. The company has a quick ratio of 3.15, a current ratio of 3.57 and a debt-to-equity ratio of 12.99. Fortuna Silver Mines has a 1 year low of C$4.06 and a 1 year high of C$7.78. The firm has a market cap of $652.56 million and a price-to-earnings ratio of 19.43.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last issued its quarterly earnings results on Wednesday, March 13th. The company reported C$0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.02. The company had revenue of C$78.78 million during the quarter.

Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. The company explores for silver, gold, lead, and zinc deposits. Its principal properties include the Caylloma silver mine located in southern Peru; the San Jose silver-gold mine situated in the state of Oaxaca in southern Mexico; and the Lindero gold project located in Argentina.

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Earnings History and Estimates for Fortuna Silver Mines (TSE:FVI)

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