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

2 Wall Street 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 analysts is that investors should "buy" FSM shares.
View FSM analyst ratings or view top-rated stocks.

2 brokerages 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 expect the company's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 85.2% 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 the year. Since then, FSM shares have decreased by 6.4% and is now trading at $3.51.
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Fortuna Silver Mines saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 3,570,000 shares, a decline of 13.8% from the April 15th total of 4,140,000 shares. Based on an average daily trading volume, of 3,460,000 shares, the short-interest ratio is presently 1.0 days. Currently, 1.3% of the shares of the stock are short sold.
View Fortuna Silver Mines' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our FSM earnings forecast.

Fortuna Silver Mines Inc. (NYSE:FSM) released its quarterly earnings results on Wednesday, March, 15th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. The basic materials company had revenue of $164.70 million for 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 quarter in the previous year, the company posted $0.10 earnings per share.

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 number of retail and institutional investors. Top institutional shareholders 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 $3.51.

Fortuna Silver Mines (NYSE:FSM) has a market capitalization of $1.02 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.