Fortuna Silver Mines Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Fortuna Silver Mines stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSM, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Fortuna Silver Mines a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fortuna Silver Mines wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Fortuna Silver Mines saw a decline in short interest in May. As of May 28th, there was short interest totaling 14,850,000 shares, a decline of 17.6% from the May 13th total of 18,030,000 shares. Based on an average daily trading volume, of 3,590,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 8.1% of the company's shares are short sold.
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Fortuna Silver Mines is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021.
View our earnings forecast for Fortuna Silver Mines.

Fortuna Silver Mines Inc. (NYSE:FSM) announced its quarterly earnings data on Monday, May, 10th. The basic materials company reported $0.14 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.05. The basic materials company earned $117.80 million during the quarter. Fortuna Silver Mines had a trailing twelve-month return on equity of 8.55% and a net margin of 15.02%.
View Fortuna Silver Mines' earnings history.

Fortuna Silver Mines' stock was trading at $2.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FSM shares have increased by 125.2% and is now trading at $5.99.
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7 brokerages have issued 1 year price targets for Fortuna Silver Mines' stock. Their forecasts range from $6.80 to $12.50. On average, they expect Fortuna Silver Mines' share price to reach $10.04 in the next year. This suggests a possible upside of 67.5% from the stock's current price.
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Some companies that are related to Fortuna Silver Mines include Yamana Gold (AUY), First Majestic Silver (AG), Alamos Gold (AGI), NovaGold Resources (NG), Harmony Gold Mining (HMY), Coeur Mining (CDE), Osisko Gold Royalties (OR), Centerra Gold (CGAU), MAG Silver (MAG), Eldorado Gold (EGO), NextSource Materials (NSRCF), Sandstorm Gold (SAND), IAMGOLD (IAG), 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), (SAND), 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 a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (10.58%), Mirae Asset Global Investments Co. Ltd. (2.22%), Jupiter Asset Management Ltd. (1.94%), Condire Management LP (1.84%), TD Asset Management Inc. (0.84%) and DAVENPORT & Co LLC (0.78%).

FSM stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, DAVENPORT & Co LLC, Millennium Management LLC, Jupiter Asset Management Ltd., Ingalls & Snyder LLC, CIBC Asset Management Inc, Bank of Montreal Can, and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.

FSM stock was acquired by a variety of institutional investors in the last quarter, including Condire Management LP, TD Asset Management Inc., Mirae Asset Global Investments Co. Ltd., Penn Capital Management Co. Inc., Sicart Associates LLC, Goldman Sachs Group Inc., Franklin Resources Inc., and Fulcrum Asset Management LLP.

Shares of FSM 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 $5.99.

Fortuna Silver Mines has a market capitalization of $1.11 billion and generates $278.97 million in revenue each year. The basic materials company earns $21.55 million in net income (profit) each year or $0.17 on an earnings per share basis.

Fortuna Silver Mines employs 1,236 workers across the globe.

The official website for Fortuna Silver Mines is www.fortunasilver.com.

Fortuna Silver Mines is headquartered at 200 BURRARD ST SUITE 650, VANCOUVER A1, V6C 3L6.

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]