TSX open
Loading markets…
Investing

FVI vs EDR: which stock is the better value?

By Wealth Awesome -
Stocks & ETFs:FVI.TOEDR.TO

Follow FVI

Photos provided by Pexels

Fortuna Silver Mines screens cheaper than Endeavour Silver on all three valuation measures in this snapshot. That’s a useful comparison, but it doesn’t prove either stock is undervalued.

Fortuna Silver Mines Inc. (FVI.TO) and Endeavour Silver Corp. (EDR.TO) are both in the Materials sector and industry group. At the November 9, 2026 adjusted close, FVI traded at C$14.21, with a C$4.2 billion market cap. EDR traded at C$11.80, with a C$3.5 billion market cap. Share prices alone don’t tell you which company offers better value. Based on the supplied P/E, PEG and P/B figures, FVI has the lower multiple in each case. You can also review the company snapshots for FVI.TO and EDR.TO.

Investor takeaway: FVI has lower P/E, PEG and P/B figures, and its snapshot reports higher trailing-twelve-month ROE. That doesn’t show that FVI is undervalued or that its shares will perform better. The snapshot doesn’t explain the valuation gap. Both companies also have a Strong Sell analyst consensus label in the table, and neither has a dividend yield in the supplied data.

Stocks in this list

Live snapshots — open any name for the full quote and Wealth Awesome price forecast.

FVI has the lower reading on all three supplied multiples

FVI’s P/E is 11.3, compared with 42.1 for EDR. Its PEG is 0.11 versus 1.17, and its P/B is 1.65 versus 3.49. On these figures, FVI looks cheaper. But that doesn’t prove the shares are undervalued, that the companies have similar prospects, or that the gap will close.

Bull case

FVI’s lower P/E, PEG and P/B, along with its 18.6% trailing-twelve-month ROE, may interest investors comparing valuation and reported returns on equity. These figures don’t tell you how the company will perform in the future.

Bear case

FVI’s lower multiples may reflect risks or expectations that this snapshot doesn’t capture. The table gives FVI a Strong Sell consensus label and a C$0.00 analyst target. Those entries don’t explain the company’s outlook on their own.

The valuation snapshot favours FVI on the measures supplied

All three multiples point the same way: FVI’s P/E is 11.3, compared with 42.1 for EDR; its PEG is 0.11 versus 1.17; and its P/B is 1.65 versus 3.49. FVI therefore screens cheaper on these measures. But a lower multiple is only a relative comparison. It doesn’t show whether either stock is fairly priced. The snapshot doesn’t include the operating forecasts or other context needed to explain the difference.

Returns, analyst labels and dividends add context

FVI reports trailing-twelve-month ROE of 18.6%, compared with 10.6% for EDR. Both stocks have a dividend yield of 0.00%. The table lists a Strong Sell consensus label and a C$0.00 analyst target for each company. These are table entries, not a substitute for assessing the businesses or a guide to future performance. The snapshot lets you compare reported figures, but it doesn’t establish that the cheaper-looking stock is the better investment.

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 10, 2026
Last Updated: November 10, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26