Canaccord Genuity analyst Dalton Baretto maintained a Buy rating on Fortuna Silver Mines (NYSE:FSM) on Thursday, setting a price target of C$10.5, which is approximately 13.78% above the present share price of $7.02.
Baretto expects Fortuna Silver Mines to post earnings per share (EPS) of -$0.03 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Fortuna Silver Mines, with an average price target of $8.37.
The analysts price targets range from a high of $9.13 to a low of $7.61.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $44.48 million and a net profit of $1.29 million. The company's market cap is $1.32 billion.
According to TipRanks.com, Canaccord Genuity analyst Dalton Baretto is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.9% and a 58.78% success rate.
Fortuna Silver Mines, Inc. engages in the exploration, extraction and processing of precious and base metal in Latin America. It operates through the following segments: Bateas, Cuzcatlan, Mansfield, and Corporate. The Beates segment operates the Caylloma silver, lead, and zinc mine. The Cuzcatlan segment handles the San Jose silver-gold mine. The Mansfield segment is the development of the Lindero Gold project. The Corporate segment represents the corporate stewardship. The company was founded by Jorge A. Ganoza Durant, Simon T. P. Ridgway and Mario David Szotlender on September 4, 1990 and is headquartered in Vancouver, Canada.