FY2016 EPS Estimates for Fortuna Silver Mines Inc. Reduced by Raymond James Financial (FVI)
Fortuna Silver Mines Inc. (TSE:FVI) – Equities researchers at Raymond James Financial cut their FY2016 earnings per share (EPS) estimates for shares of Fortuna Silver Mines in a report issued on Friday. Raymond James Financial analyst C. Thompson now expects that the brokerage will earn $0.26 per share for the year, down from their prior forecast of $0.38. Raymond James Financial also issued estimates for Fortuna Silver Mines’ FY2017 earnings at $0.55 EPS.
Other equities research analysts have also recently issued research reports about the stock. CIBC upped their price objective on shares of Fortuna Silver Mines from C$11.75 to C$13.00 in a report on Wednesday, August 10th. National Bank Financial upped their price objective on shares of Fortuna Silver Mines from C$10.00 to C$14.50 in a report on Wednesday, July 13th. Canaccord Genuity upped their price objective on shares of Fortuna Silver Mines from C$11.75 to C$12.25 and gave the stock a “hold” rating in a report on Tuesday, August 9th. Finally, BMO Capital Markets cut their price objective on shares of Fortuna Silver Mines from C$11.50 to C$9.00 and set a “market perform” rating on the stock in a report on Wednesday, August 10th.
Fortuna Silver Mines (TSE:FVI) opened at 9.38 on Monday. The stock’s market capitalization is $1.36 billion. Fortuna Silver Mines has a 1-year low of $2.83 and a 1-year high of $12.73. The company has a 50-day moving average of $10.79 and a 200-day moving average of $8.75.
Fortuna Silver Mines Company Profile
Fortuna Silver Mines Inc is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico.
Receive News & Stock Ratings for Fortuna Silver Mines Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortuna Silver Mines Inc. and related stocks with our FREE daily email newsletter.