NYSE:FSMFortuna Silver Mines Stock Price, Forecast & News

Fortuna Silver Mines' stock was trading at $2.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FSM stock has increased by 56.8% and is now trading at $4.17. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortuna Silver Mines in the last year. There are currently 2 hold ratings and 3 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 Wednesday, August 5th 2020. View our earnings forecast for Fortuna Silver Mines.

Fortuna Silver Mines Inc (NYSE:FSM) issued its quarterly earnings results on Wednesday, March, 11th. The basic materials company reported $0.07 earnings per share for the quarter, meeting analysts' consensus estimates of $0.07. The basic materials company had revenue of $68.98 million for the quarter. Fortuna Silver Mines had a net margin of 6.94% and a return on equity of 2.86%. View Fortuna Silver Mines' earnings history.

5 brokers have issued twelve-month price objectives for Fortuna Silver Mines' shares. Their forecasts range from $4.24 to $7.50. On average, they expect Fortuna Silver Mines' share price to reach $6.21 in the next twelve months. This suggests a possible upside of 48.9% from the stock's current price. View analysts' price targets for Fortuna Silver Mines.

Media headlines about FSM stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fortuna Silver Mines earned a news sentiment score of -4.8 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutFortuna Silver Mines.

Fortuna Silver Mines saw a increase in short interest in May. As of May 15th, there was short interest totaling 14,740,000 shares, an increase of 23.6% from the April 30th total of 11,930,000 shares. Based on an average daily trading volume, of 3,430,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 9.3% of the shares of the stock 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), Iamgold (IAG), Osisko gold royalties (OR), Eldorado Gold (EGO), Coeur Mining (CDE), Seabridge Gold (SA), DRDGOLD (DRD), Maverix Metals (MMX), McEwen Mining (MUX), Corvus Gold (CORVF), Endeavour Silver (EXK), BRP Group (MTA), Gold Reserve (GDRZF) and Rare Element Resource (REEMF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortuna Silver Mines investors own include First Majestic Silver (AG), Sandstorm Gold (SAND), Kinross Gold (KGC), Hecla Mining (HL), Pan American Silver (PAAS), Yamana Gold (AUY), Coeur Mining (CDE), Wheaton Precious Metals (WPM), B2Gold (BTG) and Pretium Resources (PVG).

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 shareholders include Van ECK Associates Corp (5.32%), Ruffer LLP (3.72%), Euro Pacific Asset Management LLC (1.91%), Global Strategic Management Inc. (0.64%), Sicart Associates LLC (0.55%) and Schroder Investment Management Group (0.49%).

FSM stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Deutsche Bank AG, Van ECK Associates Corp, Grantham Mayo Van Otterloo & Co. LLC, Wells Fargo & Company MN, CIBC Asset Management Inc, Sicart Associates LLC, and Toronto Dominion Bank.

FSM stock was purchased by a variety of institutional investors in the last quarter, including Ruffer LLP, Euro Pacific Asset Management LLC, Schroder Investment Management Group, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., ETF Managers Group LLC, and HighTower Advisors LLC.

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 $4.17.

Fortuna Silver Mines has a market capitalization of $766.40 million 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 1,023 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]