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 quarterly earnings data on Thursday, November, 14th. The basic materials company reported $0.02 earnings per share for the quarter, meeting the Thomson Reuters' 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 company's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business 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 twelve-month price objectives for Fortuna Silver Mines' stock. Their forecasts range from $5.00 to $5.50. On average, they expect Fortuna Silver Mines' stock price to reach $5.25 in the next twelve months. 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 been trending very negative on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fortuna Silver Mines earned a news impact score of -3.6 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely 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 decline in short interest during the month of January. As of January 31st, there was short interest totalling 7,560,000 shares, a decline 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 currently 3.5 days. Approximately 4.8% of the company's shares are short sold. 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 many different of institutional and retail 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 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 $3.51.

Fortuna Silver Mines has a market capitalization of $562.62 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]