Fortuna Silver Mines Stock Forecast, Price & News

Fortuna Silver Mines' stock was trading at $2.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FSM shares have increased by 163.9% and is now trading at $7.02.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last year. There are currently 3 hold ratings and 5 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 Thursday, November 12th 2020.
View our earnings forecast for Fortuna Silver Mines.

Fortuna Silver Mines Inc. (NYSE:FSM) posted its quarterly earnings data on Thursday, August, 13th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. The basic materials company earned $44.48 million during the quarter. Fortuna Silver Mines had a net margin of 0.50% and a return on equity of 0.86%.
View Fortuna Silver Mines' earnings history.

8 brokers have issued twelve-month target prices for Fortuna Silver Mines' shares. Their forecasts range from $4.24 to $11.50. On average, they expect Fortuna Silver Mines' share price to reach $9.12 in the next year. This suggests a possible upside of 30.0% from the stock's current price.
View analysts' price targets for Fortuna Silver Mines.

Fortuna Silver Mines saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 7,820,000 shares, a drop of 14.2% from the August 31st total of 9,110,000 shares. Based on an average daily trading volume, of 4,560,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 4.3% of the company's shares are short sold.
View Fortuna Silver Mines' Short Interest.

Some companies that are related to Fortuna Silver Mines include NovaGold Resources (NG), NovaGold Resources (NG), Alamos Gold (AGI), Harmony Gold Mining (HMY), First Majestic Silver (AG), Eldorado Gold (EGO), Osisko Gold Royalties (OR), Coeur Mining (CDE), IAMGOLD (IAG), MAG Silver (MAG), MAG Silver (MAG), Sandstorm Gold (SAND), Silvercorp Metals (SVM), Seabridge Gold (SA) and SilverCrest Metals (SILV).
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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), Hecla Mining (HL), Coeur Mining (CDE), Newmont Goldcorp (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 institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (1.12%), Ingalls & Snyder LLC (1.00%), Sicart Associates LLC (0.45%), Alberta Investment Management Corp (0.05%), CWM LLC (0.01%) and Brookstone Capital Management (0.01%).

FSM stock was sold by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC, and Sicart Associates LLC.

FSM stock was bought by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, DAVENPORT & Co LLC, CWM LLC, and Brookstone Capital Management.

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 $7.02.

Fortuna Silver Mines has a market capitalization of $1.29 billion 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 1,232 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]