Fortuna Silver Mines - FSM Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FSM shares.
View FSM analyst ratings or view top-rated stocks.

1 analysts have issued 1-year price objectives for Fortuna Silver Mines' shares. Their FSM share price forecasts range from $6.00 to $6.25. On average, they predict the company's share price to reach $6.13 in the next year. This suggests a possible upside of 65.1% from the stock's current price.
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Fortuna Silver Mines' stock was trading at $3.75 at the beginning of the year. Since then, FSM stock has decreased by 1.1% and is now trading at $3.71.
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Fortuna Silver Mines saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 5,370,000 shares, a decline of 11.1% from the December 15th total of 6,040,000 shares. Based on an average daily trading volume, of 4,800,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.9% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 22nd 2023.
View our FSM earnings forecast.

Fortuna Silver Mines Inc. (NYSE:FSM) posted its quarterly earnings results on Wednesday, November, 9th. The basic materials company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by $0.01. The basic materials company had revenue of $166.57 million for the quarter, compared to analysts' expectations of $152 million. Fortuna Silver Mines had a trailing twelve-month return on equity of 4.63% and a net margin of 5.76%.

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), Pan American Silver (PAAS), Hecla Mining (HL), Coeur Mining (CDE), Newmont (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 many different retail and institutional investors. Top institutional shareholders include National Bank of Canada FI (0.32%), Sicart Associates LLC (0.31%), U S Global Investors Inc. (0.31%), DAVENPORT & Co LLC (0.08%), Simplex Trading LLC (0.00%) and DORCHESTER WEALTH MANAGEMENT Co (0.04%).

Shares of FSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FSM stock can currently be purchased for approximately $3.71.

Fortuna Silver Mines (NYSE:FSM) has a market capitalization of $1.08 billion and generates $599.85 million in revenue each year. The basic materials company earns $59.40 million in net income (profit) each year or $0.14 on an earnings per share basis.

The company employs 2,297 workers across the globe.

Fortuna Silver Mines' mailing address is 200 BURRARD ST SUITE 650, VANCOUVER A1, V6C 3L6. The official website for the company is www.fortunasilver.com. The basic materials company can be reached via phone at (604) 484-4085, via email at info@fortunasilver.com, or via fax at 604-662-8829.