Fortuna Silver Mines Stock Today
| FSM Stock | USD 4.51 0.06 1.31% |
Performance15 of 100
| Odds Of DistressLess than 11
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Fortuna Silver is selling at 4.51 as of the 19th of April 2024; that is -1.31 percent down since the beginning of the trading day. The stock's lowest day price was 4.51. Fortuna Silver has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Fortuna Silver Mines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 8th of January 2007 | Category Basic Materials |
Fortuna Silver Mines Inc. engages in the acquisition, exploration, and mining of precious and base metal deposits in Argentina, Burkina Faso, Mexico, Peru, and Cte dIvoire. Fortuna Silver Mines Inc. was incorporated in 1990 and is based in Vancouver, Canada. The company has 306.59 M outstanding shares of which 5.36 M shares are currently shorted by investors with about 0.97 days to cover. More on Fortuna Silver Mines
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Follow Valuation Options Odds of Bankruptcy
Financial Report 20th of May 2024
Fortuna Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fortuna Silver's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fortuna Silver or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Jorge Ganoza | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Precious Metals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | FOCUS SYSTEMS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, Precious Metals, Materials, Metals & Mining, Silver, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Fortuna Silver report their recommendations after researching Fortuna Silver's financial statements, talking to executives and customers, or listening in on Fortuna Silver's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Fortuna Silver Mines. The Fortuna consensus assessment is calculated by taking the average forecast from all of the analysts covering Fortuna Silver. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Fortuna Silver's profitability, liquidity, and operating efficiency, Fortuna Silver Mines may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Fortuna Silver Mines is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Fortuna Silver's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fortuna Silver's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortuna Silver's financial leverage. It provides some insight into what part of Fortuna Silver's total assets is financed by creditors.
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Fortuna Silver Mines (FSM) is traded on New York Stock Exchange in USA. It is located in 200 Burrard Street, Vancouver, BC, Canada, V6C 3L6 and employs 34 people. Fortuna Silver is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortuna Silver's market, we take the total number of its shares issued and multiply it by Fortuna Silver's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fortuna Silver Mines runs under Metals & Mining sector within Materials industry. The entity has 306.59 M outstanding shares of which 5.36 M shares are currently shorted by investors with about 0.97 days to cover.
Fortuna Silver Mines has about 116.37 M in cash with 302.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check Fortuna Silver Probability Of Bankruptcy
Ownership AllocationFortuna Silver holds a total of 306.59 Million outstanding shares. 30% of Fortuna Silver Mines outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Fortuna Ownership Details
Fortuna Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Fortuna Silver jumping above the current price in 90 days from now is nearly 4.68%. The Fortuna Silver Mines probability density function shows the probability of Fortuna Silver stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.027. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fortuna Silver will likely underperform. Additionally, fortuna Silver Mines has an alpha of 0.2455, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fortuna Silver to move above the current price in 90 days from now is nearly 4.68 (This Fortuna Silver Mines probability density function shows the probability of Fortuna Stock to fall within a particular range of prices over 90 days) .
Fortuna Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Fortuna Silver that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fortuna Silver's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fortuna Silver's value.| Instituion | Recorded On | Shares | |
| Susquehanna International Group, Llp | 2023-12-31 | 1.6 M | |
| Millennium Management Llc | 2023-12-31 | 1.5 M | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.5 M | |
| Schroder Investment Management Group | 2023-12-31 | 1.4 M | |
| Renaissance Technologies Corp | 2023-12-31 | 1.3 M | |
| Bank Of Montreal | 2023-12-31 | 1.2 M | |
| Bmo Capital Markets Corp. | 2023-12-31 | 1.2 M | |
| Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 1.1 M | |
| Vident Advisory, Llc | 2023-12-31 | 1.1 M | |
| Van Eck Associates Corporation | 2023-12-31 | 32.4 M | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 7.6 M |
Fortuna Silver Historical Income Statement
Fortuna Silver Mines Income Statement is one of the three primary financial statements used for reporting Fortuna's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Fortuna Silver Mines revenue and expense. Fortuna Silver Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Fortuna Silver's Income Tax Expense is very stable compared to the past year. As of the 19th of April 2024, Depreciation And Amortization is likely to grow to about 238.1 M, though Net Loss is likely to grow to (49.2 M). View More FundamentalsFortuna Stock Against Markets
Picking the right benchmark for Fortuna Silver stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fortuna Silver stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fortuna Silver is critical whether you are bullish or bearish towards Fortuna Silver Mines at a given time. Please also check how Fortuna Silver's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Fortuna Silver without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fortuna Silver Corporate Directors
Fortuna Silver corporate directors refer to members of a Fortuna Silver board of directors. The board of directors generally takes responsibility for the Fortuna Silver's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Fortuna Silver's board members must vote for the resolution. The Fortuna Silver board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Iverson | Independent Director | Profile | |
| Thomas Kelly | Independent Director | Profile | |
| Robert Gilmore | Independent Director | Profile | |
| David Farrell | Lead Independent Director | Profile |
How to buy Fortuna Stock?
Before investing in Fortuna Silver, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fortuna Silver. To buy Fortuna Silver stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fortuna Silver. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fortuna Silver stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fortuna Silver Mines stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fortuna Silver Mines stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Fortuna Silver Mines, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fortuna Stock please use our How to Invest in Fortuna Silver guide.
Already Invested in Fortuna Silver Mines?
The danger of trading Fortuna Silver Mines is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fortuna Silver is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fortuna Silver. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fortuna Silver Mines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fortuna Silver Mines is a strong investment it is important to analyze Fortuna Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortuna Silver's future performance. For an informed investment choice regarding Fortuna Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Fortuna Stock analysis
When running Fortuna Silver's price analysis, check to measure Fortuna Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortuna Silver is operating at the current time. Most of Fortuna Silver's value examination focuses on studying past and present price action to predict the probability of Fortuna Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortuna Silver's price. Additionally, you may evaluate how the addition of Fortuna Silver to your portfolios can decrease your overall portfolio volatility.
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Is Fortuna Silver's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortuna Silver. If investors know Fortuna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortuna Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.254 | Earnings Share (0.17) | Revenue Per Share 2.855 | Quarterly Revenue Growth 0.611 | Return On Assets 0.0139 |
The market value of Fortuna Silver Mines is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Silver's value that differs from its market value or its book value, called intrinsic value, which is Fortuna Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortuna Silver's market value can be influenced by many factors that don't directly affect Fortuna Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.