NYSE:FSMFortuna Silver Mines Stock Price, Forecast & News

Fortuna Silver Mines' stock was trading at $2.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FSM stock has increased by 83.8% and is now trading at $4.89. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fortuna Silver Mines.

Fortuna Silver Mines is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Fortuna Silver Mines.

Fortuna Silver Mines Inc (NYSE:FSM) released its quarterly earnings data on Monday, May, 11th. The basic materials company reported ($0.01) EPS for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.03. The basic materials company had revenue of $47.50 million for the quarter. Fortuna Silver Mines had a net margin of 6.94% and a return on equity of 2.86%. View Fortuna Silver Mines' earnings history.

5 Wall Street analysts have issued twelve-month target prices for Fortuna Silver Mines' stock. Their forecasts range from $4.24 to $7.50. On average, they expect Fortuna Silver Mines' share price to reach $6.21 in the next year. This suggests a possible upside of 27.0% from the stock's current price. View analysts' price targets for Fortuna Silver Mines.

Media stories about FSM stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fortuna Silver Mines earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an effect on the stock's share price in the near future. View the latest news about Fortuna Silver Mines.

Fortuna Silver Mines saw a decline in short interest in June. As of June 15th, there was short interest totaling 6,460,000 shares, a decline of 61.2% from the May 31st total of 16,660,000 shares. Based on an average trading volume of 3,860,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 4.1% of the shares of the stock are sold short. View Fortuna Silver Mines' Current Options Chain.

Some companies that are related to Fortuna Silver Mines include Harmony Gold Mining (HMY), First Majestic Silver (AG), Iamgold (IAG), Osisko gold royalties (OR), Eldorado Gold (EGO), Coeur Mining (CDE), Seabridge Gold (SA), DRDGOLD (DRD), Maverix Metals (MMX), McEwen Mining (MUX), Endeavour Silver (EXK), Corvus Gold (CORVF), BRP Group (MTA), Gold Reserve (GDRZF) and Rare Element Resource (REEMF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortuna Silver Mines investors own include First Majestic Silver (AG), Sandstorm Gold (SAND), Kinross Gold (KGC), Hecla Mining (HL), Pan American Silver (PAAS), Yamana Gold (AUY), Coeur Mining (CDE), Wheaton Precious Metals (WPM), B2Gold (BTG) and Pretium Resources (PVG).

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

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

One share of FSM stock can currently be purchased for approximately $4.89.

Fortuna Silver Mines has a market capitalization of $898.78 million and generates $257.19 million in revenue each year. The basic materials company earns $23.80 million in net income (profit) each year or $0.17 on an earnings per share basis. Fortuna Silver Mines employs 1,023 workers across the globe.

The official website for Fortuna Silver Mines is www.fortunasilver.com.

Fortuna Silver Mines' mailing address is 200 BURRARD ST SUITE 650, VANCOUVER A1, V6C 3L6. The basic materials company can be reached via phone at 604-484-4085 or via email at [email protected]