Should I buy or sell Fortuna Silver Mines stock right now?

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 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FSM shares. 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. View FSM analyst ratings or view top-rated stocks .

What is Fortuna Silver Mines' stock price target for 2024?

1 analysts have issued 1 year price objectives for Fortuna Silver Mines' shares. Their FSM share price targets range from $4.75 to $10.50. On average, they predict the company's stock price to reach $7.63 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price. View analysts price targets for FSM or view top-rated stocks among Wall Street analysts .

How have FSM shares performed in 2024?

Fortuna Silver Mines' stock was trading at $3.86 at the start of the year. Since then, FSM shares have increased by 18.5% and is now trading at $4.5750. View the best growth stocks for 2024 here .

Are investors shorting Fortuna Silver Mines?

Fortuna Silver Mines saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 5,190,000 shares, an increase of 37.7% from the February 29th total of 3,770,000 shares. Based on an average daily volume of 4,970,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.7% of the shares of the company are short sold. View Fortuna Silver Mines' Short Interest .

When is Fortuna Silver Mines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our FSM earnings forecast .

How were Fortuna Silver Mines' earnings last quarter?

Fortuna Silver Mines Inc. (NYSE:FSM) released its quarterly earnings data on Wednesday, March, 6th. The basic materials company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.01. The basic materials company earned $265.31 million during the quarter. Fortuna Silver Mines had a negative net margin of 5.99% and a positive trailing twelve-month return on equity of 5.03%.

What other stocks do shareholders of Fortuna Silver Mines own?

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) , Hecla Mining (HL) , Coeur Mining (CDE) , Newmont (NEM) , Yamana Gold (AUY) , Wheaton Precious Metals (WPM) and Barrick Gold (GOLD) .

Who are Fortuna Silver Mines' major shareholders?

Fortuna Silver Mines' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Kingswood Wealth Advisors LLC (0.01%).

How do I buy shares of Fortuna Silver Mines?

Shares of FSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:FSM

Fortuna Silver Mines (FSM) Stock Price, News & Analysis

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Free FSM Stock Alerts

$4.58

+0.04 (+0.88%)

(As of 04/17/2024 ET)

Compare

Today's Range: $4.49
▼
$4.67
50-Day Range: $2.65
▼
$4.80
52-Week Range: $2.58
▼
$4.94

Volume: 6.66 million shs
Average Volume: 5.73 million shs
Market Capitalization: $1.40 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.63

Get Fortuna Silver Mines alerts:

Fortuna Silver Mines MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 66.7% Upside
$7.63 Price Target
Short Interest: Healthy
1.77% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.31
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.12) to ($0.08) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.01 out of 5 stars

Basic Materials Sector

153rd out of 170 stocks

Gold & Silver Ores Industry

29th out of 36 stocks

3.0

Analyst's Opinion

Consensus Rating
Fortuna Silver Mines has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Fortuna Silver Mines has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.77% of the float of Fortuna Silver Mines has been sold short.
Short Interest Ratio / Days to Cover
Fortuna Silver Mines has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Fortuna Silver Mines has recently increased by 3.28%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Fortuna Silver Mines does not currently pay a dividend.
Dividend Growth
Fortuna Silver Mines does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FSM.

1.8

News and Social Media Coverage

News Sentiment
Fortuna Silver Mines has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Fortuna Silver Mines this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for FSM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 11 people have added Fortuna Silver Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fortuna Silver Mines insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Fortuna Silver Mines is held by insiders.
Percentage Held by Institutions
Only 33.80% of the stock of Fortuna Silver Mines is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Fortuna Silver Mines are expected to grow in the coming year, from ($0.12) to ($0.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Fortuna Silver Mines is -28.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Fortuna Silver Mines is -28.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Fortuna Silver Mines has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Fortuna Silver Mines Stock (NYSE:FSM)

Fortuna Silver Mines Inc. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. was incorporated in 1990 and is based in Vancouver, Canada.

FSM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FSM Stock News Headlines

April 15, 2024 | marketbeat.com

Did You Miss the Gold Rush? Try These 2 Silver Stocks

Gold has been making all-time highs, reaching an all-time high of $2,430 per ounce on Apr. 12, 2024. The latest surge stems from tensions in the Middle East (as warnings of an imminent attack on Israel by Iran make headlines), the growing U.S. debt, and recent economic reports showing an uptick in inflation.

April 15, 2024 | marketbeat.com

Did You Miss the Gold Rush? Try These 2 Silver Stocks (FSM)

Silver is nowhere near its all-time high. Pan American Silver and Fortuna Silver Mines are two companies to keep watching as silver prices rise.

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April 16, 2024 | americanbankingnews.com

Fortuna Silver Mines (NYSE:FSM) Lowered to Hold at StockNews.com

April 15, 2024 | globenewswire.com

Fortuna intersects 1kg Ag Eq over an estimated true width of 8.1m at the Yessi vein, San Jose Mine, Mexico

April 14, 2024 | americanbankingnews.com

Fortuna Silver Mines (NYSE:FSM) Shares Gap Up to $4.77

April 13, 2024 | americanbankingnews.com

Fortuna Silver Mines (NYSE:FSM) & TRX Gold (NYSE:TRX) Head-To-Head Analysis

April 10, 2024 | americanbankingnews.com

Fortuna Silver Mines (NYSE:FSM) Reaches New 1-Year High Following Analyst Upgrade

April 17, 2024 | Insiders Exposed (Ad)

This consistently signaled gains of 453%... 610%... and even 1036%...

April 9, 2024 | americanbankingnews.com

Scotiabank Increases Fortuna Silver Mines (NYSE:FSM) Price Target to $4.75

April 8, 2024 | markets.businessinsider.com

Fortuna Silver's Q1 Surprise: Big Gold Gains Outshine Silver Slide

April 8, 2024 | globenewswire.com

Fortuna reports strong gold equivalent production of 112,543 ounces in the first quarter of 2024

April 7, 2024 | americanbankingnews.com

Fortuna Silver Mines (NYSE:FSM) Shares Gap Down to $4.53

April 5, 2024 | fool.com

Why Silver Stocks Popped This Week

March 28, 2024 | globenewswire.com

Fortuna files Form 40-F, Annual Report

March 25, 2024 | globenewswire.com

Fortuna to present at the Gold Forum Europe 2024 in Zürich, Switzerland

March 19, 2024 | seekingalpha.com

Fortuna Silver Mines: A Phenomenal First Year For Seguela

March 11, 2024 | globenewswire.com

Fortuna discovers new Kingfisher prospect at Séguéla Mine and provides exploration update at the Diamba Sud Gold Project

March 9, 2024 | seekingalpha.com

Fortuna Silver Mines Inc. (FSM) Q4 2023 Earnings Call Transcript

March 7, 2024 | markets.businessinsider.com

Fortuna Silver Mines is about to announce earnings — here's what Wall Street expects

March 7, 2024 | finanznachrichten.de

Fortuna Silver Mines Inc.: Fortuna Reports Results for the Fourth Quarter and Full Year 2023

March 7, 2024 | washingtonpost.com

Fortuna: Q4 Earnings Snapshot

March 7, 2024 | investorplace.com

FSM Stock Earnings: Fortuna Silver Mines Misses EPS, Beats Revenue for Q4 2023

March 7, 2024 | msn.com

Fortuna Silver Mines Non-GAAP EPS of $0.07 misses by $0.04, revenue of $265.3M beats by $8M

March 6, 2024 | globenewswire.com

Fortuna Reports Results for the Fourth Quarter and Full Year 2023

March 6, 2024 | msn.com

Fortuna Silver Mines Q4 2023 Earnings Preview

March 4, 2024 | finance.yahoo.com

Retail investors who hold 60% of Fortuna Silver Mines Inc. (TSE:FVI) gained 7.7%, institutions profited as well

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:FSM
CUSIP: N/A
CIK: 1341335
Web: www.fortunasilver.com
Phone: (604) 484-4085
Fax: 604-662-8829
Employees: 2,490
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.63
High Stock Price Target: $10.50
Low Stock Price Target: $4.75
Potential Upside/Downside: +66.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.16)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-50,840,000.00
Net Margins: -5.99%
Pretax Margin: -1.31%
Return on Equity: 5.03%
Return on Assets: 3.34%

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 1.37
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: $842.43 million
Price / Sales: 1.66
Cash Flow: $0.93 per share
Price / Cash Flow: 4.93
Book Value: $4.20 per share
Price / Book: 1.09

Miscellaneous

Outstanding Shares: 305,740,000
Free Float: 302,687,000
Market Cap: $1.40 billion
Optionable: Optionable
Beta: 1.64

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Key Executives

Mr. Jorge A. Ganoza Durant B.Sc. (Age 54)
Eng, Co-Founder, President, CEO & Director
Comp: $1.82M
Mr. Mario D. Szotlender (Age 63)
Co-Founder & Director
Comp: $214.82k
Mr. Luis Dario Ganoza Durant B.Sc. (Age 53)
BSc Eng., M.B.A., M.Sc., Chief Financial Officer
Comp: $1.07M
Mr. Eric N. Chapman P.Geo.
Senior Vice President of Technical Services
Mr. Cesar E. Velasco
Chief Operating Officer of Latin America
Mr. Paul Weedon B.AppSc(Geol
P.Grad.Dip., Senior Vice President of Exploration
Mr. Kevin O'Reilly
Vice President of Finance and Accounting
Mr. Carlos Baca
Vice President of Investor Relations
Ms. Linda Desaulniers
Corporate Counsel & Chief Compliance Officer
Mr. Armando Nakamura
Vice President of People

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

FSM Stock Analysis - Frequently Asked Questions

Should I buy or sell Fortuna Silver Mines stock right now?: 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 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FSM shares. 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.
View FSM analyst ratings or view top-rated stocks.
What is Fortuna Silver Mines' stock price target for 2024?: 1 analysts have issued 1 year price objectives for Fortuna Silver Mines' shares. Their FSM share price targets range from $4.75 to $10.50. On average, they predict the company's stock price to reach $7.63 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price.
View analysts price targets for FSM or view top-rated stocks among Wall Street analysts.
How have FSM shares performed in 2024?: Fortuna Silver Mines' stock was trading at $3.86 at the start of the year. Since then, FSM shares have increased by 18.5% and is now trading at $4.5750.
View the best growth stocks for 2024 here.
Are investors shorting Fortuna Silver Mines?: Fortuna Silver Mines saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 5,190,000 shares, an increase of 37.7% from the February 29th total of 3,770,000 shares. Based on an average daily volume of 4,970,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.7% of the shares of the company are short sold.
View Fortuna Silver Mines' Short Interest.
When is Fortuna Silver Mines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our FSM earnings forecast.

How were Fortuna Silver Mines' earnings last quarter?: Fortuna Silver Mines Inc. (NYSE:FSM) released its quarterly earnings data on Wednesday, March, 6th. The basic materials company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.01. The basic materials company earned $265.31 million during the quarter. Fortuna Silver Mines had a negative net margin of 5.99% and a positive trailing twelve-month return on equity of 5.03%.
What other stocks do shareholders of Fortuna Silver Mines own?: 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), Hecla Mining (HL), Coeur Mining (CDE), Newmont (NEM), Yamana Gold (AUY), Wheaton Precious Metals (WPM) and Barrick Gold (GOLD).
Who are Fortuna Silver Mines' major shareholders?: Fortuna Silver Mines' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Kingswood Wealth Advisors LLC (0.01%).
How do I buy shares of Fortuna Silver Mines?: Shares of FSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FSM) was last updated on 4/17/2024 by MarketBeat.com Staff

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