Stocks of Fortuna Silver Mines Inc. (NYSE:FSM) traded higher last session on Wall Street, up 2.34% to $3.94.
FSM stock price is now 21.54% away from the 50-day moving average and 18.47% away from the 200-day moving average. The market capitalization of the company currently stands at $1.21B.
A total of 1.51% of the company’s stock is owned by insiders.
During the past 12 months, Fortuna Silver Mines Inc. has had a low of $2.58 and a high of $4.20. As of last week, the company has a debt-to-equity ratio of 0.22, a current ratio of 2.12, and a quick ratio of 1.27. The fifty day moving average price for FSM is $3.2416 and a two-hundred day moving average price translates $3.3258 for the stock.
The latest earnings results from Fortuna Silver Mines Inc. (NYSE: FSM) was released for Sep, 2023. According to the Gold Company, earnings per share came in at $0.1, beating analysts’ expectations of $0.06 by 0.04. This compares to -$0.01 EPS in the same period last year. The net profit margin was -15.04% and return on equity was -8.18% for FSM. The company reported revenue of $243.06 million for the quarter, compared to $166.57 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 45.92 percent. For the current quarter, analysts expect FSM to generate $226M in revenue.
Fortuna Silver Mines Inc.(FSM) Company Profile
Fortuna Silver Mines Inc. engages in the precious and base metal mining 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 located in southern Mexico; the Lindero gold project located in Northern Argentina; Yaramoko gold mine located 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.
