Fortuna Silver Mines Inc. (NYSE: FSM) kicked off on November 20, 2023, at the price of $3.50, down -0.56% from the previous trading day. During the day, the shares moved up to $3.55 and dropped to $3.42 before settling in for the closing price of $3.56. Over the past 52 weeks, FSM has traded in a range of $2.58-$4.20.
Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 27.02%. While this was happening, its average annual earnings per share was recorded 63.70%. With a float of $301.58 million, this company’s outstanding shares have now reached $306.46 million.
Considering the fact that the conglomerate employs 5479 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +20.98, operating margin of +12.18, and the pretax margin is -18.32.
Fortuna Silver Mines Inc. (FSM) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Fortuna Silver Mines Inc. is 1.59%, while institutional ownership is 39.24%.
Fortuna Silver Mines Inc. (FSM) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $0.1 earnings per share (EPS), higher than consensus estimate (set at $0.06) by $0.04. This company achieved a net margin of -18.76 while generating a return on equity of -9.74. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.70% per share during the next fiscal year.
Fortuna Silver Mines Inc. (NYSE: FSM) Trading Performance Indicators
Take a look at Fortuna Silver Mines Inc.’s (FSM) current performance indicators. Last quarter, stock had a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.47. Likewise, its price to free cash flow for the trailing twelve months is 240.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of Fortuna Silver Mines Inc. (FSM)
Compared to the last year’s volume of 3.34 million, its volume of 5.86 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.52%. Additionally, its Average True Range was 0.15.
During the past 100 days, Fortuna Silver Mines Inc.’s (FSM) raw stochastic average was set at 72.87%, which indicates a significant decrease from 90.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.71% in the past 14 days, which was higher than the 46.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.94, while its 200-day Moving Average is $3.30. Nevertheless, the first resistance level for the watch stands at $3.59 in the near term. At $3.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.72. If the price goes on to break the first support level at $3.46, it is likely to go to the next support level at $3.37. Now, if the price goes above the second support level, the third support stands at $3.33.
Fortuna Silver Mines Inc. (NYSE: FSM) Key Stats
The company with the Market Capitalisation of 1.08 billion has total of 306,460K Shares Outstanding. Its annual sales at the moment are 681,490 K in contrast with the sum of -128,130 K annual income. Company’s last quarter sales were recorded 243,060 K and last quarter income was 27,470 K.