Fortuna Silver Mines Inc. (NASDAQ:FSM) To Release Earnings
Analysts await Fortuna Silver Mines Inc. (NASDAQ:FSM) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $0.02 EPS, down 50% or $0.01 from last year’s $0.03 per share.
At the moment 8 analysts are watching Fortuna Silver Mines Inc. (NASDAQ:FSM), 0 rate it “Buy”, 6 “Outperform”, 2 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 1 analyst has a mean sales target of 39.00 million. For the quarter ending Sep-16, 1 analyst has a mean sales target of 48.00 million whilst for the year ending Dec-16, 4 analysts have a mean target of 185.40 million.
In terms of earnings per share, 6 analysts have a 0.03 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 6 analysts have a 0.04 EPS mean target and for the quarter ending Sep-16 there are 7 estimates of 0.17 EPS.
The biggest institutional shareholders in Fortuna Silver Mines Inc. include Montrusco Bolton Investments Inc which owns 12 million shares in the company valued at $27.57 million. Van Eck Associates Corporation is the second biggest holder with 10 million shares currently valued at 21.42 million whilst M&G Investment Management Ltd. has 6 million shares valued at 14.22 million.
Total shares held by institutions as of the most recent company filings are 64,198,516 with a reported 4,235,410 bought and 5,406,188 sold. These holdings make up 49.57% of the company’s outstanding shares.
The stock increased 7.83% or $0.47 during the last trading session, hitting $7.93. Fortuna Silver Mines Inc. (NASDAQ:FSM) has risen 69.61% over the past 6 months and is uptrending.

