In last trading session, Fortuna Silver Mines Inc. (NYSE:FSM) saw 4,607,537 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $7.77 trading at $0.19 or 2.51% at ring of the bell on the day assigns it a market valuation of $1.43 Billion. That closing price of FSM’s stock is at a discount of -1.8% from its 52-week high price of $7.91 and is indicating a premium of 81.08% from its 52-week low price of $1.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.99 Million shares which gives us an average trading volume of 4.75 Million if we extend that period to 3-months.
For Fortuna Silver Mines Inc. (FSM), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 3. Splitting up the data highlights that, out of 7 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 4 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.1 in the current quarter.
Fortuna Silver Mines Inc. (NYSE:FSM) trade information
Upright in the green today for gaining 2.51%, in the last five days FSM remained trading in the green while hitting it’s week-highest on Wednesday, Sep 16 when the stock touched $7.91-1 price level, adding 1.71% to its value on the day. Fortuna Silver Mines Inc.’s shares saw a change of 90.44% in year-to-date performance and have moved 9.75% in past 5-day. Fortuna Silver Mines Inc. (NYSE:FSM) showed a performance of 21.79% in past 30-days. Number of shares sold short was 9.11 Million shares which calculate 1.92 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $8.17 to the stock, which implies a rise of 5.15% to its current value. Analysts have been projecting $7 as a low price target for the stock while placing it at a high target of $9.1. It follows that stock’s current price would jump +17.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -9.91% for stock’s current value.
Fortuna Silver Mines Inc. (FSM) estimates and forecasts
Statistics highlight that Fortuna Silver Mines Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +251.58% of value to its shares in past 6 months, showing an annual growth rate of -41.18% while that of industry is 10.6. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 66.7% in the current quarter and calculating 12.5% increase in the next quarter. This year revenue growth is estimated to rise 26.5% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $67Million for the same. And 1 analysts are in estimates of company making revenue of $63Million in the next quarter that will end in March 01, 2018.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.75% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 169.2% while estimates for its earnings growth in next 5 years are of 0%
Fortuna Silver Mines Inc. (NYSE:FSM)’s Major holders
Insiders are in possession of 0.71% of company’s total shares while institution are holding 49.92% percent of that, with stock having share float percentage of 50.27%. Investors also watch the number of corporate investors in a company very closely, which is 165 institutions for Fortuna Silver Mines Inc. that are currently holding shares of the company. Van Eck Associates Corporation is the top institutional holder at FSM for having 19.58 Million shares of worth $99.66 Million. And as of June 29, 2020, it was holding 10.64% of the company’s outstanding shares.
The second largest institutional holder is Renaissance Technologies, LLC, which was holding about 6.29 Million shares on June 29, 2020. The number of shares represents firm’s hold over 3.42% of outstanding shares, having a total worth of $32Million.
On the other hand, VanEck Vectors ETF Tr-Gold Miners ETF and VanEck Vectors ETF Tr-Junior Gold Miners ETF are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 10103038 shares of worth $51.42 Million or 5.49% of the total outstanding shares. The later fund manager was in possession of 8.71 Million shares on June 29, 2020, making its stake of worth around $44.35 Million in the company or a holder of 4.74% of company’s stock.