Investing.com - Fortuna Silver reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fortuna Silver announced earnings per share of $0.02 on revenue of $160.18M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $157.69M.
Fortuna Silver shares are down 14% from the beginning of the year and are trading at $4.21 , down-from-52-week-high.
Fortuna Silver follows other major Materials sector earnings this month
Fortuna Silver's report follows an earnings missed by Standard Lithium on September 9, who reported EPS of $-0.05 on revenue of $0.00, compared to forecasts EPS of $-0.045 on revenue of $0.00.
NanoXplore had matched expectations on September 14 with first quarter EPS of $-0.02 on revenue of $28.28M, compared to forecast for EPS of $-0.02 on revenue of $25.29M.
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