NYSE:FSM - Fortuna Silver Mines Stock Price, Forecast & News

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

Fortuna Silver Mines Inc (NYSE:FSM) issued its earnings results on Thursday, November, 14th. The basic materials company reported $0.02 EPS for the quarter, meeting the Zacks' consensus estimate of $0.02. The basic materials company earned $61.30 million during the quarter, compared to analyst estimates of $63 million. The business's revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.05 earnings per share. View Fortuna Silver Mines' Earnings History.

Fortuna Silver Mines is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Fortuna Silver Mines.

3 Wall Street analysts have issued twelve-month price targets for Fortuna Silver Mines' shares. Their forecasts range from $5.00 to $5.50. On average, they anticipate Fortuna Silver Mines' stock price to reach $5.25 in the next year. This suggests a possible upside of 49.6% from the stock's current price. View Analyst Price Targets for Fortuna Silver Mines.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fortuna Silver Mines.

Media stories about FSM stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fortuna Silver Mines earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Fortuna Silver Mines.

Fortuna Silver Mines saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 7,560,000 shares, a decrease of 6.0% from the January 15th total of 8,040,000 shares. Based on an average daily volume of 2,160,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 4.8% of the shares of the stock are short sold. View Fortuna Silver Mines' Current Options Chain.

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), Sandstorm Gold (SAND), Pan American Silver (PAAS), Wheaton Precious Metals (WPM), Coeur Mining (CDE), Hecla Mining (HL), Barrick Gold (GOLD), Newmont Goldcorp (NEM) and Pretium Resources (PVG).

Fortuna Silver Mines' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (5.52%), Renaissance Technologies LLC (4.75%), Sprott Inc. (2.23%), Ruffer LLP (1.60%), Ingalls & Snyder LLC (1.47%) and Penn Capital Management Co. Inc. (1.14%).

FSM stock was sold by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., Vanguard Capital Wealth Advisors, Bank of Montreal Can, Russell Investments Group Ltd., Eqis Capital Management Inc. and Barclays PLC.

FSM stock was purchased by a variety of institutional investors in the last quarter, including Euro Pacific Asset Management LLC, Assenagon Asset Management S.A., Ruffer LLP, Sprott Inc., Van ECK Associates Corp, Perritt Capital Management Inc., Integrated Advisors Network LLC and TD Asset Management Inc..

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 $3.51.