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 twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FSM shares.
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1 equities research analysts have issued 12 month price targets for Fortuna Silver Mines' shares. Their FSM share price forecasts range from $5.75 to $6.25. On average, they predict the company's share price to reach $6.00 in the next year. This suggests a possible upside of 69.0% 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 start of the year. Since then, FSM shares have decreased by 5.3% and is now trading at $3.55.
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Fortuna Silver Mines saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 3,430,000 shares, a decline of 8.8% from the February 13th total of 3,760,000 shares. Based on an average daily trading volume, of 4,170,000 shares, the short-interest ratio is presently 0.8 days. Approximately 1.2% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
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Fortuna Silver Mines Inc. (NYSE:FSM) posted its earnings results on Wednesday, March, 15th. The basic materials company reported $0.02 EPS for the quarter, hitting analysts' consensus estimates of $0.02. The basic materials company earned $164.70 million during the quarter, compared to the consensus estimate of $152 million. Fortuna Silver Mines had a negative net margin of 19.92% and a positive trailing twelve-month return on equity of 3.10%. During the same quarter in the prior year, the company earned $0.10 EPS.

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 number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (10.38%), Mirae Asset Global Investments Co. Ltd. (2.83%), Euro Pacific Asset Management LLC (1.37%), American Century Companies Inc. (1.15%), Dimensional Fund Advisors LP (1.06%) and Sprott Inc. (0.75%).

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 $3.55.

Fortuna Silver Mines (NYSE:FSM) has a market capitalization of $1.03 billion and generates $681.49 million in revenue each year. The basic materials company earns $59.40 million in net income (profit) each year or ($0.43) on an earnings per share basis.

The company employs 2,297 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.