What is Fortuna Silver Mines Inc. (FSM) Stock Return on Shareholders’ Capital?

Fortuna Silver Mines Inc. (NYSE: FSM) stock fell -3.23% on Friday to $2.70 against a previous-day closing price of $2.79. With 4.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.51 million shares. During the session, the Silver company that operates in wider Basic Materials sector, reached to the highest price of $2.8300 whereas the lowest price it dropped to was $2.6800. The 52-week range on FSM shows that it touched its highest point at $5.52 and its lowest point at $2.41 during that stretch.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FSM was up-trending over the past week, with a rise of 2.27%, but this was up by 1.50% over a month. Three-month performance dropped to -24.37% while six-month performance fell -23.30%. The stock lost -42.68% in the past year, while it has lost -30.77% so far this year. A look at the trailing 12-month EPS for FSM yields 0.28 with Next year EPS estimates of 0.45. For the next quarter, that number is 0.08. This implies an EPS growth rate of -2.50% for this year and 15.40% for next year.

Float and Shares Shorts:

At present, 291.64 million FSM shares are outstanding with a float of 288.45 million shares on hand for trading. On Jul 14, 2022, short shares totaled 12.01 million, which was 4.11% higher than short shares on Jun 14, 2022. In addition to Mr. Jorge A. Ganoza Durant B.Sc., Eng as the firm’s Co-Founder, Pres, CEO & Director, Mr. Mario D. Szotlender serves as its Co-Founder & Director.

Institutional Ownership:

Through their ownership of 36.50% of FSM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of FSM, in contrast to — held by mutual funds. Shares owned by individuals account for –. With a 5.27% stake in FSM, the VanEck Gold Miners ETF is the largest stakeholder. A total of 15,400,470 shares are owned by the mutual fund manager. The VanEck Junior Gold Miners ETF, which owns about 4.39% of FSM stock, is the second-largest Mutual Fund holder. It holds 12,831,582 shares valued at 36.44 million. Global X Silver Miners ETF holds 2.57% of the stake in FSM, owning 7,521,659 shares worth 21.36 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2022, FSM reported revenue of $182.33M and operating income of $45.81M. Over the past year, revenue came in at $664.36M while operating income stood at $137.22M. It generated $26.07M net income for the quarter, which came to $57.54M over the last twelve months. The EBITDA in the recently reported quarter was $84.31M and diluted EPS was $0.09. EBITDA for the full year was $300.12M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FSM since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FSM analysts setting a high price target of $5.00 and a low target of $3.66, the average target price over the next 12 months is $4.42. Based on these targets, FSM could surge 85.19% to reach the target high and rise by 35.56% to reach the target low. Reaching the average price target will result in a growth of 63.7% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. FSM will report FY 2022 earnings on 03/15/2023. Analysts have provided yearly estimates in a range of $0.40 being high and $0.20 being low. For FSM, this leads to a yearly average estimate of $0.31. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Fortuna Silver Mines Inc. surprised analysts by $0.00 when it reported $0.11 EPS against a consensus estimate of $0.11. The surprise factor in the prior quarter was -$0.06. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.06.

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