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

Company Overview

Fortuna Mining Corp. 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 Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.

Key Stats

• Today's Range: $4.90 to $5.04
• 50-Day Range: $4.44 to $5.46
• 52-Week Range: $2.63 to $6.36
• Volume: 8.40 million shs
• Average Volume: 6.41 million shs
• Market Capitalization: $1.56 billion
• P/E Ratio: 62.13
• Dividend Yield: N/A
• Price Target: $6.50
• Consensus Rating: Hold

Fortuna Silver Mines Stock Analysis - MarketRank™

Fortuna Silver Mines scored higher than 56% of companies evaluated by MarketBeat, and ranked 108th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

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 received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.63%

Earnings Growth

Earnings for Fortuna Silver Mines are expected to grow by 11.63% in the coming year, from $0.43 to $0.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Fortuna Silver Mines is 62.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fortuna Silver Mines is 62.13, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.23.

Price to Book Value per Share Ratio

Fortuna Silver Mines has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.28% 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 1.9, 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 12.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.28% 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 1.9, 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 12.29%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.55

News Sentiment

Fortuna Silver Mines has a news sentiment score of 0.55. 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 3 news articles for Fortuna Silver Mines this week, compared to 3 articles on an average week.

Search Interest

11 people have searched for FSM on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Fortuna Silver Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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.

FSM Stock Analysis - Frequently Asked Questions

How have FSM shares performed this year?

Fortuna Silver Mines' stock was trading at $3.86 on January 1st, 2024. Since then, FSM stock has increased by 28.8% and is now trading at $4.97.
View the best growth stocks for 2024 here.

How were Fortuna Silver Mines' earnings last quarter?

Fortuna Silver Mines Inc. (NYSE:FSM) issued its quarterly earnings data on Wednesday, November, 8th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.07. The basic materials company earned $243.06 million during the quarter. Fortuna Silver Mines had a trailing twelve-month return on equity of 10.08% and a net margin of 2.45%.

Who are Fortuna Silver Mines' major shareholders?

Fortuna Silver Mines' top institutional investors include Van ECK Associates Corp (9.98%), Euro Pacific Asset Management LLC (1.38%), Two Sigma Advisers LP (0.84%) and Connor Clark & Lunn Investment Management Ltd. (0.42%).

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.

What other stocks do shareholders of Fortuna Silver Mines own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fortuna Silver Mines investors own include Medtronic (MDT), First Majestic Silver (AG), Barrick Gold (GOLD), Kinross Gold (KGC), Pan American Silver (PAAS), Sandstorm Gold (SAND) and Wheaton Precious Metals (WPM).

Company Calendar

• Last Earnings: 11/08/2023
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• 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: $6.50
• High Stock Price Target: $6.50
• Low Stock Price Target: $6.50
• Potential Upside/Downside: +30.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.08
• Trailing P/E Ratio: 62.13
• Forward P/E Ratio: 11.56
• P/E Growth: N/A
• Net Income: $-50,840,000.00
• Net Margins: 2.45%
• Pretax Margin: 8.91%
• Return on Equity: 10.08%
• Return on Assets: 6.87%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 1.94
• Quick Ratio: 1.37

Sales & Book Value

• Annual Sales: $842.43 million
• Price / Sales: 1.85
• Cash Flow: $0.96 per share
• Price / Cash Flow: 5.20
• Book Value: $4.72 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 313,330,000
• Free Float: 310,198,000
• Market Cap: $1.56 billion
• Optionable: Optionable
• Beta: 1.58