National Bank Financial Reaffirms Sector Perform Overweight Rating for Fortuna Silver Mines (FVI)

National Bank Financial restated their sector perform overweight rating on shares of Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) in a research report report published on Friday morning. National Bank Financial also issued estimates for Fortuna Silver Mines’ FY2018 earnings at $0.27 EPS, FY2019 earnings at $0.35 EPS and FY2020 earnings at $0.73 EPS.

FVI has been the topic of a number of other reports. BMO Capital Markets upped their price target on Fortuna Silver Mines from C$8.25 to C$8.50 and gave the company an outperform rating in a report on Friday, February 23rd. CIBC lowered their price target on Fortuna Silver Mines from C$7.50 to C$5.50 in a report on Tuesday, April 17th.

Fortuna Silver Mines opened at C$7.22 on Friday, Marketbeat Ratings reports. Fortuna Silver Mines has a 12 month low of C$5.13 and a 12 month high of C$7.63.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last released its earnings results on Thursday, March 15th. The company reported C$0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.09 by C$0.01. The business had revenue of C$95.71 million for the quarter, compared to the consensus estimate of C$76.20 million. Fortuna Silver Mines had a return on equity of 7.87% and a net margin of 16.04%.

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. It explores for silver, gold, lead, and zinc deposits. The company holds interests in the Caylloma mine located in southern Peru; and the San Jose mine situated in the state of Oaxaca in southern Mexico.

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