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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FSM shares.
View FSM analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12-month price targets for Fortuna Silver Mines' shares. Their FSM share price forecasts range from $6.00 to $7.25. On average, they predict the company's stock price to reach $6.50 in the next year. This suggests a possible upside of 86.8% from the stock's current price.
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Fortuna Silver Mines' stock was trading at $3.75 at the start of the year. Since then, FSM shares have decreased by 7.2% and is now trading at $3.48.
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Fortuna Silver Mines saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,570,000 shares, a decrease of 13.8% from the April 15th total of 4,140,000 shares. Based on an average trading volume of 3,460,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.3% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
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Fortuna Silver Mines Inc. (NYSE:FSM) posted its quarterly earnings results on Wednesday, March, 15th. The basic materials company reported $0.02 earnings per share for the quarter, meeting analysts' consensus estimates of $0.02. The basic materials company earned $164.70 million during the quarter, compared to analysts' expectations of $152 million. Fortuna Silver Mines had a positive trailing twelve-month return on equity of 1.81% and a negative net margin of 22.37%. During the same period last year, the firm posted $0.10 EPS.

Dimensional International Small Cap Value ETF holds 441,451 shares of FSM stock, representing 0.17% of its portfolio.

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), Pan American Silver (PAAS), 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."

Fortuna Silver Mines' stock is owned by a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (11.40%), Mirae Asset Global Investments Co. Ltd. (2.74%), Dimensional Fund Advisors LP (1.40%), American Century Companies Inc. (1.15%), Balyasny Asset Management L.P. (0.93%) and Renaissance Technologies LLC (0.63%).

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 $3.48.

Fortuna Silver Mines (NYSE:FSM) has a market capitalization of $1.01 billion 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.