Its Stock Has Paid Off Big Time For Fortuna Silver Mines Inc.

With 6.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.01 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $3.8700 whereas the lowest price it dropped to was $3.7200. The 52-week range on FSM shows that it touched its highest point at $4.20 and its lowest point at $2.58 during that stretch. It currently has a 1-year price target of $4.43. Beta for the stock currently stands at 1.63.

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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 12.98%, but this was up by 41.33% over a month. Three-month performance dropped to -1.54% while six-month performance rose 40.29%. The stock gained 3.79% in the past year, while it has lost -0.78% so far this year. A look at the trailing 12-month EPS for FSM yields -0.16 with Next year EPS estimates of 0.34. For the next quarter, that number is 0.07. This implies an EPS growth rate of 39.54% for this year and 12.15% for next year.

Float and Shares Shorts:

At present, 306.59 million FSM shares are outstanding with a float of 303.08 million shares on hand for trading. On Mar 15, 2024, short shares totaled 5.19 million, which was 1.69% higher than short shares on Feb 15, 2024. In addition to TSM as the firm’s Taiwan Semiconductor Manufactur, FSR serves as its Fisker Inc.

Institutional Ownership:

Through their ownership of 44.49% of FSM’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FSM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.