Scotiabank Issues Pessimistic Forecast for TSE:FVI Earnings

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Fortuna Silver Mines in a report issued on Wednesday, August 19th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings per share of $1.71 for the year, down from their previous forecast of $1.86. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

Fortuna Silver Mines Price Performance

FVI opened at C$16.44 on Friday. The firm has a market cap of C$4.87 billion, a PE ratio of 13.93 and a beta of 2.66. The stock has a 50-day moving average price of C$12.81 and a 200-day moving average price of C$13.75. Fortuna Silver Mines has a 1 year low of C$9.85 and a 1 year high of C$18.99. The company has a debt-to-equity ratio of 13.25, a current ratio of 3.00 and a quick ratio of 1.15.

Insider Transactions at Fortuna Silver Mines

In other Fortuna Silver Mines news, insider Neil Colbourne sold 4,883 shares of Fortuna Silver Mines stock in a transaction dated Friday, August 14th. The shares were sold at an average price of C$14.82, for a total value of C$72,366.06. Following the completion of the transaction, the insider directly owned 31,000 shares of the company’s stock, valued at approximately C$459,420. The trade was a 13.61% decrease in their ownership of the stock. Also, insider David Whittle sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of C$15.07, for a total transaction of C$226,050.00. Following the completion of the transaction, the insider owned 85,646 shares in the company, valued at approximately C$1,290,685.22. This represents a 14.90% decrease in their position. Over the last 90 days, insiders have sold 123,529 shares of company stock valued at $1,859,717. 0.83% of the stock is owned by company insiders.

About Fortuna Silver Mines

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan.