NYSE:FSM Fortuna Silver Mines (FSM) Stock Forecast, Price & News $2.64 -0.09 (-3.30%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$2.60▼$2.6950-Day Range$2.64▼$3.6652-Week Range$2.55▼$4.20Volume2.13 million shsAverage Volume3.19 million shsMarket Capitalization$807.52 millionP/E RatioN/ADividend YieldN/APrice Target$9.08 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Fortuna Silver Mines MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside244.7% Upside$9.08 Price TargetShort InterestHealthy2.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth114.29%From $0.21 to $0.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsBasic Materials Sector103rd out of 170 stocksGold & Silver Ores Industry20th out of 36 stocks 3.0 Analyst's Opinion Consensus RatingFortuna Silver Mines has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.08, Fortuna Silver Mines has a forecasted upside of 244.7% from its current price of $2.64.Amount of Analyst CoverageFortuna Silver Mines has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.66% of the float of Fortuna Silver Mines has been sold short.Short Interest Ratio / Days to CoverFortuna Silver Mines has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fortuna Silver Mines has recently increased by 2.01%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldFortuna Silver Mines does not currently pay a dividend.Dividend GrowthFortuna Silver Mines does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FSM. Previous Next 1.9 News and Social Media Coverage News SentimentFortuna Silver Mines has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Fortuna Silver Mines this week, compared to 2 articles on an average week.Search Interest4 people have searched for FSM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Fortuna Silver Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fortuna Silver Mines insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Fortuna Silver Mines is held by insiders.Percentage Held by InstitutionsOnly 31.19% of the stock of Fortuna Silver Mines is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Fortuna Silver Mines are expected to grow by 114.29% in the coming year, from $0.21 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fortuna Silver Mines is -5.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Fortuna Silver Mines is -5.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFortuna Silver Mines has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Fortuna Silver Mines (NYSE:FSM) StockFortuna Silver Mines Inc. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It holds interest in the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine located in southern Mexico; the Lindero gold project located in Northern Argentina; Yaramoko gold mine located in south western Burkina Faso; and Séguéla gold mine located in south western Côte d'Ivoire. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. was incorporated in 1990 and is based in Vancouver, Canada.Read More FSM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FSM Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comFortuna Silver Mines (NYSE:FSM) Shares Gap Up to $2.73September 20, 2023 | finanznachrichten.deFortuna Silver Mines Inc.: Fortuna completes acquisition of Chesser Resources, strengthening its presence in West AfricaOctober 2, 2023 | Behind the Markets (Ad)Jeff Bezos Backs "Drug Smuggler" to Fight Alzheimer'sA small, publicly traded biotech is racing to the discovery of a lifetime: Using a Drug Smuggler to Fight Alzheimer's, Parkinson's and Dementia. This radical treatment is so promising, Biogen, Sanofi and Genentech paid $1 billion to license it. Click here to learn more >>>September 20, 2023 | juniorminingnetwork.comFortuna Silver Mines completes acquisition of Chesser Resources, strengthening its presence in West AfricaSeptember 20, 2023 | finance.yahoo.comFortuna completes acquisition of Chesser Resources, strengthening its presence in West AfricaSeptember 11, 2023 | finanznachrichten.deFortuna Silver Mines Inc.: Fortuna to present at the Gold Forum Americas 2023 in Colorado Springs, ColoradoSeptember 11, 2023 | financialpost.comFortuna to present at the Gold Forum Americas 2023 in Colorado Springs, ColoradoSeptember 7, 2023 | finance.yahoo.comFortuna announces successful completion of process plant performance test at the Séguéla Gold Mine, Côte d´IvoireOctober 2, 2023 | Behind the Markets (Ad)Jeff Bezos Backs "Drug Smuggler" to Fight Alzheimer'sA small, publicly traded biotech is racing to the discovery of a lifetime: Using a Drug Smuggler to Fight Alzheimer's, Parkinson's and Dementia. This radical treatment is so promising, Biogen, Sanofi and Genentech paid $1 billion to license it. Click here to learn more >>>September 5, 2023 | finance.yahoo.comFortuna intersects 1,299 g/t Ag Eq over a true width of 9.9 meters at the San Jose Mine, MexicoAugust 30, 2023 | finance.yahoo.comImplied Volatility Surging for Fortuna Silver (FSM) Stock OptionsAugust 17, 2023 | seekingalpha.comFortuna Silver Mines Q2: Turning To West Africa For GrowthAugust 15, 2023 | seekingalpha.comFortuna Silver: Another Quarter Of Margin CompressionAugust 11, 2023 | msn.comFortuna Silver sinks to nine-month low after Q2 earnings missAugust 10, 2023 | seekingalpha.comFortuna Silver Mines Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | finance.yahoo.comEndeavour Silver (EXK) Lags Q2 Earnings and Revenue EstimatesAugust 8, 2023 | finanznachrichten.deFortuna Silver Mines Inc.: Fortuna intersects 90.9 g/t Au over 1.8 meters at Barana Prospect, Séguéla Mine, Côte d'IvoireAugust 8, 2023 | finance.yahoo.comFortuna intersects 90.9 g/t Au over 1.8 meters at Barana Prospect, Séguéla Mine, Côte d´IvoireJuly 25, 2023 | finance.yahoo.comFortuna to release second quarter 2023 financial results on August 9, 2023; Conference call at 12 p.m. Eastern time on August 10, 2023July 24, 2023 | finanznachrichten.deFortuna Silver Mines Inc.: Fortuna publishes its 2022 Sustainability ReportJuly 24, 2023 | finance.yahoo.comFortuna publishes its 2022 Sustainability ReportJuly 14, 2023 | markets.businessinsider.comCIBC Keeps Their Hold Rating on Fortuna Silver Mines (FSM)July 13, 2023 | seekingalpha.comFortuna Silver: Seguela Mine Begins Contributing On ScheduleJuly 12, 2023 | finanznachrichten.deFortuna Silver Mines Inc.: Fortuna reports production of 93,454 gold equivalent ounces for the second quarter of 2023July 12, 2023 | finance.yahoo.comFortuna reports production of 93,454 gold equivalent ounces for the second quarter of 2023July 12, 2023 | finance.yahoo.comFortuna reports production of 93,454 gold equivalent ounces for the second quarter of 2023June 7, 2023 | juniorminingnetwork.comFortuna Silver Mines regrets to report a fatality at its Caylloma Mine in PeruSee More Headlines Receive FSM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fortuna Silver Mines and its competitors with MarketBeat's FREE daily newsletter. Email Address FSM Company Calendar Last Earnings8/09/2023Today10/02/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:FSM CUSIPN/A CIK1341335 Webwww.fortunasilver.com Phone(604) 484-4085Fax604-662-8829Employees2,420Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.08 High Stock Price Forecast$10.50 Low Stock Price Forecast$7.25 Forecasted Upside/Downside+244.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.48) Trailing P/E RatioN/A Forward P/E Ratio12.55 P/E GrowthN/ANet Income$-128,130,000.00 Net Margins-22.51% Pretax Margin-22.52% Return on Equity1.92% Return on Assets1.31% Debt Debt-to-Equity Ratio0.25 Current Ratio1.98 Quick Ratio1.23 Sales & Book Value Annual Sales$681.49 million Price / Sales1.18 Cash Flow$0.72 per share Price / Cash Flow3.66 Book Value$4.44 per share Price / Book0.59Miscellaneous Outstanding Shares306,460,000Free Float303,395,000Market Cap$807.52 million OptionableOptionable Beta1.37 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Jorge A. Ganoza Durant B.Sc. (Age 53)Eng, Co-Founder, Pres, CEO & Director Comp: $1.82MMr. Mario D. Szotlender (Age 62)Co-Founder & Director Comp: $214.82kMr. Luis Dario Ganoza Durant B.Sc. (Age 52)BSc Eng., M.B.A., M.Sc., MBA, Chief Financial Officer Comp: $1.07MMr. Eric N. Chapman P.Geo.Sr. VP of Technical ServicesMr. Cesar E. VelascoChief Operating Officer of Latin AmericaMr. Paul Weedon B.AppSc(GeolP.Grad.Dip., Sr. VP of ExplorationMr. Carlos BacaVP of Investor RelationsMs. Linda DesaulniersCorp. Counsel & Chief Compliance OfficerMr. Armando NakamuraVP of PeopleMr. Luiz CamargoCountry Head of MexicoMore ExecutivesKey CompetitorsCoeur MiningNYSE:CDENew Found GoldNYSE:NFGCSeabridge GoldNYSE:SAIAMGOLDNYSE:IAGEndeavour SilverNYSE:EXKView All CompetitorsInstitutional OwnershipBarclays PLCBought 52,464 shares on 9/21/2023Ownership: 0.018%Wolverine Trading LLCSold 29,200 shares on 8/23/2023Ownership: 0.000%GTS Securities LLCBought 141,134 shares on 8/16/2023Ownership: 0.049%Beacon Pointe Advisors LLCBought 12,920 shares on 8/15/2023Ownership: 0.004%Equitable Holdings Inc.Bought 10,000 shares on 8/15/2023Ownership: 0.003%View All Institutional Transactions FSM Stock - Frequently Asked Questions Should I buy or sell Fortuna Silver Mines stock right now? 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. What is Fortuna Silver Mines' stock price forecast for 2023? 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. How have FSM shares performed in 2023? 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. Are investors shorting Fortuna Silver Mines? 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. View Fortuna Silver Mines' Short Interest. When is Fortuna Silver Mines' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our FSM earnings forecast. How were Fortuna Silver Mines' earnings last quarter? 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%. What other stocks do shareholders of Fortuna Silver Mines own? 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). What is Fortuna Silver Mines' stock symbol? Fortuna Silver Mines trades on the New York Stock Exchange (NYSE) under the ticker symbol "FSM." How do I buy shares of Fortuna Silver Mines? 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. Compare Top Brokerages Here. What is Fortuna Silver Mines' stock price today? One share of FSM stock can currently be purchased for approximately $2.64. How much money does Fortuna Silver Mines make? 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. How many employees does Fortuna Silver Mines have? The company employs 2,420 workers across the globe. How can I contact Fortuna Silver Mines? 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. This page (NYSE:FSM) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Fortuna Silver Mines Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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