What is Scotiabank’s Forecast for TSE:FVI FY2026 Earnings?

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) – Analysts at Scotiabank lowered their FY2026 earnings estimates for shares of Fortuna Silver Mines in a research report issued to clients and investors on Thursday, May 14th. Scotiabank analyst E. Winmill now anticipates that the company will earn $1.96 per share for the year, down from their previous forecast of $2.22. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.79 per share.

A number of other research analysts have also weighed in on FVI. Canadian Imperial Bank of Commerce raised shares of Fortuna Silver Mines from an “underperform” rating to a “neutral” rating and raised their price target for the company from C$9.00 to C$16.00 in a research note on Wednesday, February 4th. BMO Capital Markets raised their price target on shares of Fortuna Silver Mines from C$15.00 to C$17.00 in a research note on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$15.75.

Fortuna Silver Mines Trading Down 3.2%

Shares of Fortuna Silver Mines stock opened at C$14.18 on Friday. The firm has a market capitalization of C$4.32 billion, a PE ratio of 13.38 and a beta of 2.62. Fortuna Silver Mines has a twelve month low of C$7.32 and a twelve month high of C$18.99. The firm’s 50-day moving average price is C$14.13 and its 200 day moving average price is C$13.96. The company has a current ratio of 3.17, a quick ratio of 1.15 and a debt-to-equity ratio of 11.81.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last posted its earnings results on Wednesday, May 6th. The company reported C$0.50 earnings per share (EPS) for the quarter. Fortuna Silver Mines had a net margin of 31.11% and a return on equity of 20.79%. The business had revenue of C$476.14 million for the quarter.

Insiders Place Their Bets

In related news, Director Jorge A. Ganoza Durant purchased 20,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of C$14.93 per share, with a total value of C$298,600.00. Following the purchase, the director owned 1,506,443 shares of the company’s stock, valued at C$22,491,193.99. This represents a 1.35% increase in their position. Corporate insiders own 0.83% of the company’s stock.

Fortuna Silver Mines Company Profile

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.