Fortuna Silver Mines (FSM) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FSM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSM, but not buy additional shares or sell existing shares.
View FSM analyst ratings or view top-rated stocks.

1 equities research analysts have issued twelve-month price targets for Fortuna Silver Mines' shares. Their FSM share price forecasts range from $7.25 to $10.50. On average, they anticipate the company's share price to reach $9.08 in the next year. This suggests a possible upside of 244.7% from the stock's current price.
View analysts price targets for FSM or view top-rated stocks among Wall Street analysts.

Fortuna Silver Mines' stock was trading at $3.75 at the beginning of 2023. Since then, FSM shares have decreased by 29.7% and is now trading at $2.6350.
View the best growth stocks for 2023 here.

Fortuna Silver Mines saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 7,470,000 shares, an increase of 14.0% from the August 15th total of 6,550,000 shares. Based on an average daily trading volume, of 2,650,000 shares, the short-interest ratio is presently 2.8 days. Approximately 2.6% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our FSM earnings forecast.

Fortuna Silver Mines Inc. (NYSE:FSM) issued its quarterly earnings results on Wednesday, August, 9th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. The basic materials company had revenue of $158.40 million for the quarter, compared to analyst estimates of $163 million. Fortuna Silver Mines had a positive trailing twelve-month return on equity of 1.92% and a negative net margin of 22.51%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortuna Silver Mines investors own include First Majestic Silver (AG), Kinross Gold (KGC), Hecla Mining (HL), Coeur Mining (CDE), Newmont (NEM), Yamana Gold (AUY), Wheaton Precious Metals (WPM) and Barrick Gold (GOLD).

Fortuna Silver Mines trades on the New York Stock Exchange (NYSE) under the ticker symbol "FSM."

Shares of FSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FSM stock can currently be purchased for approximately $2.64.

Fortuna Silver Mines (NYSE:FSM) has a market capitalization of $807.52 million and generates $681.49 million in revenue each year. The basic materials company earns $-128,130,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis.

The company employs 2,420 workers across the globe.

Fortuna Silver Mines' mailing address is 200 BURRARD ST SUITE 650, VANCOUVER A1, V6C 3L6. The official website for the company is www.fortunasilver.com. The basic materials company can be reached via phone at (604) 484-4085, via email at info@fortunasilver.com, or via fax at 604-662-8829.