Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. It explores for silver, gold, lead, and zinc deposits. The company holds interests in the Caylloma mine located in southern Peru; and the San Jose mine situated in the state of Oaxaca in southern Mexico. It also develops the Lindero gold project located in northern Argentina. 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.
Industry, Sector and Symbol
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:FSM
CUSIPN/A
Phone604-484-4085
Debt
Debt-to-Equity Ratio0.07
Current Ratio5.39
Quick Ratio5.02
Price-To-Earnings
Trailing P/E Ratio18.11
Forward P/E Ratio26.95
P/E GrowthN/A
Sales & Book Value
Annual Sales$268.11 million
Price / Sales3.37
Cash Flow$0.5823 per share
Price / Cash9.72
Book Value$3.53 per share
Price / Book1.60
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$66.30 million
Net Margins24.53%
Return on Equity8.71%
Return on Assets7.04%
Miscellaneous
Employees1,822
Outstanding Shares159,640,000
Fortuna Silver Mines (NYSE:FSM) Frequently Asked Questions
What is Fortuna Silver Mines' stock symbol?
Fortuna Silver Mines trades on the New York Stock Exchange (NYSE) under the ticker symbol "FSM."
How were Fortuna Silver Mines' earnings last quarter?
Fortuna Silver Mines Inc (NYSE:FSM) posted its quarterly earnings results on Wednesday, May, 9th. The basic materials company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The basic materials company earned $70.40 million during the quarter, compared to analysts' expectations of $63 million. Fortuna Silver Mines had a return on equity of 8.71% and a net margin of 24.53%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $0.08 EPS. View Fortuna Silver Mines' Earnings History.
When is Fortuna Silver Mines' next earnings date?
What price target have analysts set for FSM?
4 brokers have issued 12 month price targets for Fortuna Silver Mines' shares. Their predictions range from $6.00 to $6.00. On average, they anticipate Fortuna Silver Mines' stock price to reach $6.00 in the next year. View Analyst Ratings for Fortuna Silver Mines.
Who are some of Fortuna Silver Mines' key competitors?
Some companies that are related to Fortuna Silver Mines include AngloGold Ashanti (AU), Gold Fields (GFI), Yamana Gold (AUY), IAMGOLD (IAG), Pan American Silver (PAAS), Alamos Gold (AGI), Tahoe Resources (TAHO), Coeur Mining (CDE), Osisko gold royalties (OR), First Majestic Silver (AG), Eldorado Gold (EGO), McEwen Mining (MUX), Harmony Gold Mining (HMY), Sibanye Gold (SBGL) and Seabridge Gold (SA).
Who are Fortuna Silver Mines' key executives?
Fortuna Silver Mines' management team includes the folowing people:
- Mr. Simon T. P. Ridgway, Chairman (Age 69)
- Mr. Jorge A. Ganoza Durant B.Sc., Eng, Pres, CEO & Director (Age 48)
- Mr. Luis Dario Ganoza Durant BSc Eng., MBA, M.Sc., CFO & Chief Compliance Officer (Age 47)
- Mr. Manuel Ruiz-Conejo Carlos, VP of Operations
- Mr. David F. Volkert B.Sc., VP of Exploration (Age 65)
Has Fortuna Silver Mines been receiving favorable news coverage?
Media coverage about FSM stock has been trending somewhat positive on Friday, according to Accern Sentiment. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fortuna Silver Mines earned a daily sentiment score of 0.17 on Accern's scale. They also assigned media stories about the basic materials company an impact score of 45.71 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Fortuna Silver Mines' major shareholders?
Fortuna Silver Mines' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (11.34%), The Manufacturers Life Insurance Company (1.54%), Global X Management Co. LLC (1.45%), Royal Bank of Canada (0.89%), Alps Advisors Inc. (0.84%) and UBS Group AG (0.65%). View Institutional Ownership Trends for Fortuna Silver Mines.
Which major investors are selling Fortuna Silver Mines stock?
FSM stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Alps Advisors Inc., Van ECK Associates Corp, AGF Investments Inc., Bluefin Trading LLC, UBS Group AG and The Manufacturers Life Insurance Company . View Insider Buying and Selling for Fortuna Silver Mines.
Which major investors are buying Fortuna Silver Mines stock?
FSM stock was acquired by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Hillsdale Investment Management Inc., Millennium Management LLC, Intact Investment Management Inc., Pendal Group Ltd, Prince Street Capital Management LLC, Guggenheim Capital LLC and Global X Management Co. LLC. View Insider Buying and Selling for Fortuna Silver Mines.
How do I buy shares of Fortuna Silver Mines?
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, Scottrade, Fidelity and Charles Schwab.
What is Fortuna Silver Mines' stock price today?
One share of FSM stock can currently be purchased for approximately $5.65.
How big of a company is Fortuna Silver Mines?
Fortuna Silver Mines has a market capitalization of $885.98 million and generates $268.11 million in revenue each year. The basic materials company earns $66.30 million in net income (profit) each year or $0.31 on an earnings per share basis. Fortuna Silver Mines employs 1,822 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 basic materials company can be reached via phone at 604-484-4085 or via email at [email protected]
MarketBeat Community Rating for Fortuna Silver Mines (FSM)
MarketBeat's community ratings are surveys of what our community members think about Fortuna Silver Mines and other stocks. Vote "Outperform" if you believe FSM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FSM will underperform the S&P 500 over the long term. You may vote once every thirty days.
