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) released its earnings results on Thursday, November, 14th. The basic materials company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The basic materials company had revenue of $61.30 million for the quarter, compared to analyst estimates of $63 million. Fortuna Silver Mines had a net margin of 2.81% and a return on equity of 3.60%. The business's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm earned $0.05 EPS. 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 12-month price targets for Fortuna Silver Mines' stock. 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 twelve months. This suggests a possible upside of 40.4% 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.

News coverage about FSM stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fortuna Silver Mines earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Fortuna Silver Mines.

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

Some companies that are related to Fortuna Silver Mines include First Majestic Silver (AG), Harmony Gold Mining (HMY), Osisko gold royalties (OR), Coeur Mining (CDE), Iamgold (IAG), Eldorado Gold (EGO), Seabridge Gold (SA), DRDGOLD (DRD), McEwen Mining (MUX), Endeavour Silver (EXK), Corvus Gold (CORVF), Gold Reserve (GDRZF), Loncor Resources (LONCF), Rare Element Resource (REEMF) and China Natural Resources (CHNR).

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 a variety of of institutional and retail investors. Top institutional investors 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 bought 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 $3.74.

Fortuna Silver Mines has a market capitalization of $599.48 million and generates $263.30 million in revenue each year. The basic materials company earns $33.99 million in net income (profit) each year or $0.24 on an earnings per share basis. Fortuna Silver Mines employs 1,023 workers across the globe.View Additional Information About Fortuna Silver Mines.

The official website for Fortuna Silver Mines is http://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]