Fortuna Silver Mines Inc. is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico. The Company's segments include Corporate, Bateas and Cuzcatlan. The Company owns interest in the Caylloma mine and related mining concessions located in southern Peru. The Caylloma property is located in the Caylloma Mining District, approximately 220 kilometers north-northwest of Arequipa, Peru. The Company produces approximately 1.7 million ounces of silver and over 1,160 ounces of gold at Caylloma. The Company's San Jose property, which covers a silver gold bearing epithermal vein system is located in the state of Oaxaca in southern Mexico. The Company produces approximately 4.9 million ounces of silver and over 38,530 ounces of gold at San Jose.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Integrated Mining
- Sub-Industry: N/A
- Symbol: NYSE:FSM
- CUSIP: N/A
- Web: www.fortunasilver.com
Capitalization:- Market Cap: $716.5 million
- Outstanding Shares: 159,223,000
Average Prices:- 50 Day Moving Avg: $4.72
- 200 Day Moving Avg: $5.06
- 52 Week Range: $4.11 - $9.55
P/E:- Trailing P/E Ratio: 22.66
- Foreward P/E Ratio: 16.07
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $232.4 million
- Price / Sales: 3.08
- Book Value: $3.19 per share
- Price / Book: 1.41
Profitability:- EBIDTA: $102.54 million
- Net Margins: 15.97%
- Return on Equity: 9.44%
- Return on Assets: 7.24%
Debt:- Debt-to-Equity Ratio: 0.08%
- Current Ratio: 4.34%
- Quick Ratio: 4.07%
Misc:- Average Volume: 1.72 million shs.
- Beta: 0.27
- Short Ratio: 0.88
Frequently Asked Questions for Fortuna Silver Mines (NYSE:FSM)
What is Fortuna Silver Mines' stock symbol?
Fortuna Silver Mines trades on the New York Stock Exchange (NYSE) under the ticker symbol "FSM."
How were Fortuna Silver Mines' earnings last quarter?
Fortuna Silver Mines Inc. (NYSE:FSM) announced its earnings results on Monday, August, 14th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.02. The firm earned $63.90 million during the quarter, compared to analyst estimates of $58 million. Fortuna Silver Mines had a net margin of 15.97% and a return on equity of 9.44%. Fortuna Silver Mines's revenue was up 43.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.01) EPS. View Fortuna Silver Mines' Earnings History.
When will Fortuna Silver Mines make its next earnings announcement?
Where is Fortuna Silver Mines' stock going? Where will Fortuna Silver Mines' stock price be in 2017?
5 brokerages have issued 1 year price objectives for Fortuna Silver Mines' shares. Their forecasts range from $9.00 to $9.00. On average, they expect Fortuna Silver Mines' stock price to reach $9.00 in the next year. View Analyst Ratings for Fortuna Silver Mines.
Are investors shorting Fortuna Silver Mines?
Fortuna Silver Mines saw a decrease in short interest in the month of June. As of June 30th, there was short interest totalling 1,981,711 shares, a decrease of 63.8% from the June 15th total of 5,471,818 shares. Based on an average daily volume of 2,559,080 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.4% of the company's stock are short sold.
Who are some of Fortuna Silver Mines' key competitors?
Some companies that are related to Fortuna Silver Mines include MAG Silver Corp (MAG), McEwen Mining (MUX), Seabridge Gold (SA), SolGold plc (SOLG), Central Asia Metals Ltd (CAML), Gold Resource (GORO), Polymet Mining Corp (PLM), Anglo Pacific Group plc (APF), A-Mark Precious Metals (AMRK), Griffin Mining Ltd (GFM), Avino Silver and Gold Mines Ltd (ASM), Beowulf Mining plc (BEM), Comstock Mining (LODE), Horizonte Minerals Plc (HZM), Patagonia Gold plc (PGD), Kibo Mining PLC (KIBO), KEFI Minerals plc (KEFI) and Tri-star Resources PLC (TSTR).
Who are Fortuna Silver Mines' key executives?
Fortuna Silver Mines' management team includes the folowing people:
- Simon T. Ridgway, Chairman of the Board
- Jorge A. Ganoza, President, Chief Executive Officer, Director
- Luis Dario Ganoza Durant, Chief Financial Officer
- Manuel Ruiz-Conejo, Vice President - Operations
- Eric Chapman, Vice President - Technical Services
- Jose Pacora, Vice President- Project Development
- David F. Volkert, Vice President of Exploration
- David C. Laing, Director
- Alfredo Sillau Valdez, Director
- Mario D. Szotlender, Director
Who owns Fortuna Silver Mines stock?
Fortuna Silver Mines' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (10.82%), Global X Management Co. LLC (1.18%), Sprott Inc. (1.15%), Fiera Capital Corp (1.11%), The Manufacturers Life Insurance Company (0.81%) and Marshall Wace North America L.P. (0.73%). View Institutional Ownership Trends for Fortuna Silver Mines.
Who sold Fortuna Silver Mines stock? Who is selling Fortuna Silver Mines stock?
Fortuna Silver Mines' stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, CIBC Asset Management Inc, Public Sector Pension investment Board, K2 Principal Fund L.P., Commerzbank Aktiengesellschaft FI, Trexquant Investment LP, Sentry Investments Corp. and Canada Pension Plan Investment Board. View Insider Buying and Selling for Fortuna Silver Mines.
Who bought Fortuna Silver Mines stock? Who is buying Fortuna Silver Mines stock?
Fortuna Silver Mines' stock was acquired by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Marshall Wace North America L.P., Sprott Inc., Hillsdale Investment Management Inc., Alps Advisors Inc., Goldman Sachs Group Inc., Sei Investments Co. and Global X Management Co. LLC. View Insider Buying and Selling for Fortuna Silver Mines.
How do I buy Fortuna Silver Mines stock?
Shares of Fortuna Silver Mines can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fortuna Silver Mines' stock price today?
One share of Fortuna Silver Mines stock can currently be purchased for approximately $4.50.
MarketBeat Community Rating for Fortuna Silver Mines (NYSE FSM)MarketBeat's community ratings are surveys of what our community members think about Fortuna Silver Mines and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Fortuna Silver Mines (NYSE:FSM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 3 Buy Ratings, 1 Strong Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $9.00 (100.00% upside) |
Analysts' Ratings History for Fortuna Silver Mines (NYSE:FSM)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/15/2017 | National Bank Financial | Reiterated Rating | Outperform | | High |  |
| 4/19/2017 | Scotiabank | Reiterated Rating | Sector Perform | $9.00 | High | |
| 4/5/2017 | Raymond James Financial, Inc. | Upgrade | Outperform -> Strong-Buy | | Low | |
| 3/31/2017 | BMO Capital Markets | Upgrade | Market Perform -> Outperform | $10.75 -> $9.00 | High | |
| 10/24/2016 | Canaccord Genuity | Upgrade | Hold -> Buy | | N/A | |
| 3/11/2016 | CIBC | Reiterated Rating | Sector Outperform | $4.40 -> $5.25 | N/A | |
(Data available from 8/16/2015 forward)
Earnings History for Fortuna Silver Mines (NYSE:FSM)Earnings History by Quarter for Fortuna Silver Mines (NYSE FSM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | | | | | | | |
| 8/14/2017 | 6/30/2017 | $0.04 | $0.06 | $58.00 million | $63.90 million | View | N/A | |
| 5/15/2017 | 12/31/2016 | $0.06 | $0.05 | $59.00 million | $57.90 million | View | N/A | |
| 5/9/2016 | Q116 | $0.02 | $0.02 | $37.47 million | $42.70 million | View | N/A | |
| 11/9/2015 | Q3 2015 | $0.02 | $0.02 | $37.70 million | $39.00 million | View | N/A | |
| 3/17/2014 | Q1 2014 | $0.04 | $0.04 | $39.40 million | $36.38 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Fortuna Silver Mines (NYSE:FSM)2017 EPS Consensus Estimate: $0.37
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.11 | $0.11 | $0.11 |
| Q2 2017 | 2 | $0.06 | $0.11 | $0.09 |
| Q3 2017 | 2 | $0.06 | $0.11 | $0.09 |
| Q4 2017 | 2 | $0.06 | $0.11 | $0.09 |
(Data provided by Zacks Investment Research)
Dividend History for Fortuna Silver Mines (NYSE:FSM)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Fortuna Silver Mines (NYSE:FSM)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Fortuna Silver Mines (NYSE:FSM)
Latest Headlines for Fortuna Silver Mines (NYSE:FSM)
| Source: |
|
| Date | Headline |
|---|
 | Fortuna Silver Mines' (FSM) CEO Jorge Ganoza on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 15 at 7:28 PM |
 | Investor Network: Fortuna Silver Mines Inc. to Host Earnings Call
finance.yahoo.com - August 15 at 7:28 PM |
 | Fortuna Silver Mines Inc. (NYSE:FSM) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 15 at 2:38 AM |
| Fortuna Silver Mines EPS in-line, beats on revenue
seekingalpha.com - August 15 at 12:11 AM |
| Fortuna Silver Mines Inc. (FSM) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 14 at 10:58 PM |
| Investor Calendar Invites You to the Fortuna Second Quarter 2017 Financial Results Conference Call and Webcast Live on Tuesday, August 15, 2017
finance.yahoo.com - August 14 at 7:10 PM |
| Fortuna reports consolidated financial results for the second quarter 2017
finance.yahoo.com - August 14 at 7:10 PM |
| Fortuna Silver Mines Inc. (FSM) Downgraded by Zacks Investment Research
www.americanbankingnews.com - August 10 at 10:10 PM |
| Fortuna Silver Mines Inc. (NYSE:FSM) to Release Earnings on Monday
www.americanbankingnews.com - August 9 at 11:48 AM |
| Fortuna to release second quarter financial results on August 14, 2017; Conference call at 12 p.m. Eastern on August 15, 2017
finance.yahoo.com - August 8 at 6:32 PM |
| Fortuna Silver Mines Inc. (FSM) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 5 at 8:02 PM |
| Fortuna Silver Mines, Inc. breached its 50 day moving average in a Bearish Manner : FSM-US : August 3, 2017
finance.yahoo.com - August 3 at 3:42 PM |
| Fortuna Silver Mines, Inc. – Value Analysis (NYSE:FSM) : July 31, 2017
finance.yahoo.com - July 31 at 6:29 PM |
| Fortuna Silver Mines Inc. (FSM) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - July 25 at 10:51 PM |
| Fortuna Silver Mines Inc. (FSM) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 21 at 11:21 AM |
 | Technical Research on Silver Equities -- Hecla Mining, First Majestic Silver, Coeur Mining, and Fortuna Silver Mines
www.prnewswire.com - July 20 at 4:31 PM |
| Short Interest in Fortuna Silver Mines Inc. (FSM) Drops By 63.8%
www.americanbankingnews.com - July 20 at 7:26 AM |
| Fortuna Silver Mines, Inc. breached its 50 day moving average in a Bullish Manner : FSM-US : July 17, 2017
finance.yahoo.com - July 17 at 10:33 AM |
 | Integrated Investment Consultants, LLC Buys Fortuna Silver Mines Inc, Reinsurance Group of ...
www.nasdaq.com - July 14 at 7:47 PM |
 | Fortuna reports production of 2.1 million ounces of silver and 14547 ounces of gold for second quarter 2017 - MarketWatch
www.marketwatch.com - July 13 at 5:37 AM |
| Fortuna reports production of 2.1 million ounces of silver and 14,547 ounces of gold for second quarter 2017
finance.yahoo.com - July 13 at 5:37 AM |
| Mining Stocks - How Retail Investors Can Gain The Upper Hand
seekingalpha.com - July 10 at 6:46 PM |
| Fortuna Reports Results of Annual General Meeting
finance.yahoo.com - July 6 at 6:28 AM |
| Fortuna Silver Mines, Inc. breached its 50 day moving average in a Bearish Manner : FSM-US : July 4, 2017
finance.yahoo.com - July 5 at 7:24 AM |
| Fortuna Silver Mines Inc. (FSM) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - June 26 at 10:14 AM |
| Analyzing Endeavour Silver Corporation (EXK) & Fortuna Silver Mines (FSM)
www.americanbankingnews.com - June 19 at 7:54 AM |
| Fortuna Silver Mines, Inc. breached its 50 day moving average in a Bearish Manner : FSM-US : June 16, 2017
finance.yahoo.com - June 16 at 5:59 PM |
| Fortuna Silver Mines (FSM) versus Coeur Mining (CDE) Head-To-Head Contrast
www.americanbankingnews.com - June 16 at 2:24 PM |
| Earnings Highlights and Review: Fortuna Silver's Q1 Revenue Surged 52% on Higher Volume and Metal Prices
finance.yahoo.com - June 15 at 7:29 PM |
| Hecla Mining Company (HL) versus Fortuna Silver Mines (FSM) Financial Contrast
www.americanbankingnews.com - June 9 at 10:32 PM |
| ETFs with exposure to Fortuna Silver Mines, Inc. : June 9, 2017
finance.yahoo.com - June 9 at 5:43 PM |
| Fortuna Silver Mines, Inc. :FSM-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017
finance.yahoo.com - June 8 at 9:33 AM |
| Fortuna Silver Mines, Inc. breached its 50 day moving average in a Bullish Manner : FSM-US : June 6, 2017
finance.yahoo.com - June 6 at 5:41 PM |
| Silver Stocks Under Scanner -- Pan American Silver, Silver Standard Resources, Endeavour Silver, and Fortuna Silver ... - PR Newswire (press release)
www.prnewswire.com - May 31 at 9:13 AM |
| Fortuna Silver Mines Inc (FSM) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 30 at 11:46 AM |
| Fortuna Silver: Attractively Priced And Fully Funded For The Lindero Construction
seekingalpha.com - May 30 at 11:12 AM |
| Fortuna Silver Mines Inc (FSM) Expected to Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - May 29 at 12:26 PM |
| Brokers Issue Forecasts for Fortuna Silver Mines Inc's Q2 2017 Earnings (FSM)
www.americanbankingnews.com - May 29 at 7:10 AM |
| Fortuna Silver Mines' (FSM) CEO Jorge Ganoza on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 26 at 12:38 AM |
| ETFs with exposure to Fortuna Silver Mines, Inc. : May 19, 2017
finance.yahoo.com - May 19 at 5:04 PM |
| Fortuna Silver Mines, Inc. :FSM-US: Earnings Analysis: Q4, 2016 By the Numbers : May 18, 2017
finance.yahoo.com - May 18 at 10:04 AM |
| Fortuna Silver Mines Inc (FSM) Given Outperform Rating at National Bank Financial
www.americanbankingnews.com - May 18 at 9:54 AM |
| Fortuna Silver Mines Inc (FSM) Downgraded by ValuEngine to "Hold"
www.americanbankingnews.com - May 17 at 4:38 PM |
| Fortuna Silver Mines' (FSM) CEO Jorge Ganoza on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - May 17 at 10:37 AM |
| Fortuna Silver Mines 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - May 16 at 5:16 PM |
| Fortuna Silver Mines Inc (FSM) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 16 at 12:48 PM |
 | BRIEF-Fortuna Silver Mines reports Q4 earnings per share $0.05
www.reuters.com - May 16 at 11:39 AM |
| Fortuna Silver Mines Inc (FSM) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 16 at 7:14 AM |
| Investor Calendar Invites You to the Fortuna 2016 Year End Financial Results Conference Call and Webcast Live on Tuesday, May 16, 2017
finance.yahoo.com - May 15 at 4:57 PM |
| Fortuna Reports Consolidated Financial Results for 2016; Files Form 40-F, Annual Report
finance.yahoo.com - May 15 at 4:57 PM |
Fortuna Silver Mines (FSM) Chart for Wednesday, August, 16, 2017
