Fortuna Silver Mines Inc. (FSM) concluded trading on Thursday at a closing price of $2.98, with 3.44 million shares of worth about $10.26 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.15% during that period and on Thursday the price saw a loss of about -1.65%. Currently the company’s common shares owned by public are about 306.46M shares, out of which, 303.09M shares are available for trading.
However, the stock later moved at a day high price of 3.0300, or with a loss of -1.65%. Stock saw a price change of -6.58% in past 5 days and over the past one month there was a price change of -16.53%. Year-to-date (YTD), FSM shares are showing a performance of -22.80% which decreased to -17.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.58 but also hit the highest price of $4.20 during that period. The average intraday trading volume for Fortuna Silver Mines Inc. shares is 5.01 million. The stock is currently trading -7.91% below its 20-day simple moving average (SMA20), while that difference is down -16.92% for SMA50 and it goes to -9.82% lower than SMA200.
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Fortuna Silver Mines Inc. (NYSE: FSM) currently have 306.46M outstanding shares and institutions hold larger chunk of about 39.31% of that.
The stock has a current market capitalization of $913.25M and its 3Y-monthly beta is at 1.63. It has posted earnings per share of -$0.39 in the same period. It has Quick Ratio of 1.27 while making debt-to-equity ratio of 0.22. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FSM, volatility over the week remained 3.07% while standing at 4.28% over the month.
Analysts are in expectations that Fortuna Silver Mines Inc. (FSM) stock would likely to be making an EPS of $0.11 in the current quarter, while forecast for next quarter EPS is $0.08 and it is $0.23 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.08 which is $0.14 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.02 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 101.86% while it is estimated to decrease by -35.73% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Scotiabank on May 30, 2023 offering a Sector perform rating for the stock and assigned a target price of $4.25 to it.
