In yesterday’s Wall Street session, Fortuna Silver Mines Inc. (NYSE:FSM) shares traded at $3.83, down -2.79% from the previous session.
7 analysts cover Fortuna Silver Mines Inc. (NYSE:FSM), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $4.86 and a low of $3.88, we find $4.37. Given the previous closing price of $3.94, this indicates a potential upside of 10.91 percent. FSM stock price is now 2.61% away from the 50-day moving average and 22.22% away from the 200-day moving average. The market capitalization of the company currently stands at $1.12B.
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The stock has received a hold rating from 3 analysts and a buy rating from 4. Brokers who have rated the stock have averaged $4.37 as their price target over the next twelve months.
, while ‘BMO Capital Markets’ rates the stock as ‘Market Perform’.
A total of 1.09% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in FSM stock. A new stake in Fortuna Silver Mines Inc. shares was purchased by CETERA ADVISOR NETWORKS LLC during the first quarter worth $416,000. VIRTU FINANCIAL LLC invested $141,000 in shares of FSM during the first quarter. In the first quarter, DYNAMIC TECHNOLOGY LAB PRIVATE LTD acquired a new stake in Fortuna Silver Mines Inc. valued at approximately $135,000. MARINER, LLC acquired a new stake in FSM for approximately $130,000. AQUATIC CAPITAL MANAGEMENT LLC purchased a new stake in FSM valued at around $117,000 in the second quarter. In total, there are 206 active investors with 37.37% ownership of the company’s stock.
On Monday morning Fortuna Silver Mines Inc. (NYSE: FSM) stock kicked off with the opening price of $3.9000. During the past 12 months, Fortuna Silver Mines Inc. has had a low of $2.05 and a high of $4.68. The fifty day moving average price for FSM is $3.7324 and a two-hundred day moving average price translates $3.1337 for the stock.
The latest earnings results from Fortuna Silver Mines Inc. (NYSE: FSM) was released for Jun, 2022. According to the Silver Company, earnings per share came in at $0.01, missing analysts’ expectations of $0.08 by -0.07. This compares to $0.00 EPS in the same period last year. The company reported revenue of $166.57 million for the quarter, compared to $162.57 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.46 percent. For the current quarter, analysts expect FSM to generate $161.1M in revenue.
Fortuna Silver Mines Inc.(FSM) Company Profile
Fortuna Silver Mines Inc. engages in the acquisition, exploration, and mining of precious and base metal deposits in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It holds interest in the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; the Lindero gold project located in Argentina; Yaramoko gold mine situated in south western Burkina Faso; and Séguéla gold mine located in south western 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.
