The stock of Fortuna Silver Mines Inc. (FSM) has seen a 26.27% increase in the past week, with a 53.92% gain in the past month, and a 27.99% flourish in the past quarter. The volatility ratio for the week is 7.97%, and the volatility levels for the past 30 days are at 5.54% for FSM. The simple moving average for the past 20 days is 31.33% for FSM’s stock, with a 45.24% simple moving average for the past 200 days.
Is It Worth Investing in Fortuna Silver Mines Inc. (NYSE: FSM) Right Now?
The stock has a 36-month beta value of 1.61. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FSM is 303.08M, and at present, short sellers hold a 1.71% of that float. On April 08, 2024, the average trading volume of FSM was 5.39M shares.
FSM) stock’s latest price update
The stock of Fortuna Silver Mines Inc. (NYSE: FSM) has increased by 3.97 when compared to last closing price of 4.53.Despite this, the company has seen a gain of 26.27% in its stock price over the last five trading days. The Motley Fool reported 2024-04-05 that The value of silver hit a two-year high this week. Investors no longer expect big rate cuts this year as inflation remains stubbornly high.
Analysts’ Opinion of FSM
Many brokerage firms have already submitted their reports for FSM stocks, with Scotiabank repeating the rating for FSM by listing it as a “Sector Perform.” The predicted price for FSM in the upcoming period, according to Scotiabank is $4.25 based on the research report published on May 30, 2023 of the previous year 2023.
FSM Trading at 47.51% from the 50-Day Moving Average
After a stumble in the market that brought FSM to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.21% of gains for the given period.
Volatility was left at 5.54%, however, over the last 30 days, the volatility rate increased by 7.97%, as shares surge +45.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +53.92% upper at present.
During the last 5 trading sessions, FSM rose by +26.27%, which changed the moving average for the period of 200-days by +50.48% in comparison to the 20-day moving average, which settled at $3.66. In addition, Fortuna Silver Mines Inc. saw 22.02% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FSM
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.22 for the gross margin
The net margin for Fortuna Silver Mines Inc. stands at -0.06. The total capital return value is set at 0.06. Equity return is now at value -4.09, with -2.64 for asset returns.
Based on Fortuna Silver Mines Inc. (FSM), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 1.36. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 5.03.
Currently, EBITDA for the company is 352.71 million with net debt to EBITDA at 0.4. When we switch over and look at the enterprise to sales, we see a ratio of 1.86. The receivables turnover for the company is 11.43for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.
Conclusion
To sum up, Fortuna Silver Mines Inc. (FSM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
