Earnings Forecast Research on Fortuna Silver Mines Inc. (FSM)

Fortuna Silver Mines Inc. has received $0.08 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.07 while the top line estimate is $0.09 , a key information to consider for Day Trading and investing in stocks.

Fortuna Silver Mines Inc. results fell short with a surprise EPS of -25% or $-0.02. The Actual EPS was $0.06 compared to the Estimated EPS of $0.08 during its most recent quarterly earnings.

In the last quarter, Fortuna Silver Mines Inc. reported Annual Earnings of $0.06. Based on the filings, last years Annual Earnings was, $0.05. In the last Quarter, FSM reported a surprise Earnings per Share of -25% . The consensus estimate for current quarter is $0.08 and for the current fiscal year, the estimate is $0.17. For the Next fiscal year, the estimate is $0.35 based on the consensus.

Fortuna Silver Mines Inc. (NYSE:FSM) : On Tuesday heightened volatility was witnessed in Fortuna Silver Mines Inc. (NYSE:FSM) which led to swings in the share price. The stock opened for trading at $6.28 and hit $6.29 on the upside , eventually ending the session at $6.24, with a gain of 2.63% or 0.16 points. The heightened volatility saw the trading volume jump to 2,272,978 shares. The 52-week high of the share price is $9.75 and the company has a market cap of $918 million. The 52-week low of the share price is at $2.51 .

Fortuna Silver Mines Inc. is engaged in the exploration, mining and development of silver and base metal properties in Latin America. Its core assets include the Caylloma Ag-Pb-Zn-Cu Mine located in Arequipa, Peru and the San Jose Ag – Au Project located in Oaxaca, Mexico. Fortuna Silver Mines Inc. is headquartered in Lima, Peru.

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