Moreover, the 36-month beta value for FSM is 1.58. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FSM is 302.36M and currently, short sellers hold a 1.42% of that float. On June 17, 2024, FSM’s average trading volume was 7.64M shares.
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FSM) stock’s latest price update
The stock price of Fortuna Silver Mines Inc. (NYSE: FSM) has surged by 0.20 when compared to previous closing price of 4.88, but the company has seen a -1.61% decline in its stock price over the last five trading sessions. zacks.com reported 2024-06-12 that With silver prices set to gain on an impending demand-supply imbalance this year, we suggest investing in stocks like FNLPF, FSM, MAG and ASM to ride on these trends.
FSM’s Market Performance
Fortuna Silver Mines Inc. (FSM) has seen a -1.61% fall in stock performance for the week, with a -8.60% decline in the past month and a 42.15% surge in the past quarter. The volatility ratio for the week is 3.64%, and the volatility levels for the past 30 days are at 4.06% for FSM. The simple moving average for the last 20 days is -13.36% for FSM stock, with a simple moving average of 32.09% for the last 200 days.
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 -4.41% 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 unable to rebound, for now settling with -23.11% of loss for the given period.
Volatility was left at 4.06%, however, over the last 30 days, the volatility rate increased by 3.64%, as shares sank -9.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.95% upper at present.
During the last 5 trading sessions, FSM fell by -1.61%, which changed the moving average for the period of 200-days by +55.24% in comparison to the 20-day moving average, which settled at $5.62. In addition, Fortuna Silver Mines Inc. saw 26.68% 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:
- 0.15 for the present operating margin
- 0.24 for the gross margin
The net margin for Fortuna Silver Mines Inc. stands at -0.04. The total capital return value is set at 0.08. Equity return is now at value -2.82, with -1.82 for asset returns.
Based on Fortuna Silver Mines Inc. (FSM), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 1.69. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 5.23.
Currently, EBITDA for the company is 352.71 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 11.05for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
To wrap up, the performance of Fortuna Silver Mines Inc. (FSM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
