Fortuna Silver Mines Inc. [FSM] stock prices are down -0.29% to $3.47 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FSM shares have gain 5.79% over the last week, with a monthly amount glided 27.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Canaccord Genuity upgraded its rating to Buy on January 18, 2022. On November 12, 2021, downgrade downgraded it’s rating to Sell. BMO Capital Markets downgraded its rating to a Market Perform. Scotiabank downgraded its rating to a Sector Perform. CIBC downgraded its rating to Neutral for this stock on March 05, 2019. In a note dated November 21, 2017, Raymond James downgraded an Outperform rating on this stock.
The stock price of Fortuna Silver Mines Inc. [FSM] has been fluctuating between $2.58 and $4.20 over the past year. Fortuna Silver Mines Inc. [NYSE: FSM] shares were valued at $3.47 at the most recent close of the market.
Analyzing the FSM fundamentals
The Fortuna Silver Mines Inc. [NYSE:FSM] reported sales of 843.15M for trailing twelve months, representing a surge of 63.77%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.04 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.43 points at the first support level, and at 3.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.53, and for the 2nd resistance point, it is at 3.60.
Fortuna Silver Mines Inc. [FSM] reported earnings per share of $0.07 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.1/share, meaning a difference of $-0.03 and a surprise factor of -30.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.1 per share as compared to estimates of $0.06 per share, a difference of $0.04 representing a surprise of 66.70%.
Ratios To Look Out For
It’s worth pointing out that Fortuna Silver Mines Inc. [NYSE:FSM]’s Current Ratio is 1.37. As well, the Quick Ratio is 0.89, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 0.86.
