Fortuna Silver Mines Inc. (FSM) is 45.78% away from 50-day simple Moving Average despite all headwinds

Fortuna Silver Mines Inc. (NYSE: FSM) started the day on Wednesday, with a price increase of 13.68% at $4.57, before settling in for the price of $4.02 at the close. Taking a more long-term approach, FSM posted a 52-week range of $2.58-$4.20.

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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 31.63%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 39.54%. This publicly-traded company’s shares outstanding now amounts to $306.59 million, simultaneously with a float of $303.08 million. The organization now has a market capitalization sitting at $1.40 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.16, while the 200-day Moving Average is $3.24.

Fortuna Silver Mines Inc. (FSM) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Gold Industry. Fortuna Silver Mines Inc.’s current insider ownership accounts for 1.15%, in contrast to 42.82% institutional ownership.

Fortuna Silver Mines Inc. (FSM) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.07 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.1) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

Fortuna Silver Mines Inc.’s EPS increase for this current 12-month fiscal period is 39.54% and is forecasted to reach 0.35 in the upcoming year.

Fortuna Silver Mines Inc. (NYSE: FSM) Trading Performance Indicators

Let’s observe the current performance indicators for Fortuna Silver Mines Inc. (FSM). It’s Quick Ratio in the last reported quarter now stands at 0.89. The Stock has managed to achieve an average true range (ATR) of 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.66. Similarly, its price to free cash flow for trailing twelve months is now 17.76.

In the same vein, FSM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.16, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 0.35 at the market close of one year from today.

Technical Analysis of Fortuna Silver Mines Inc. (FSM)

If we take a close look at the recent performances of Fortuna Silver Mines Inc. (NYSE: FSM), its last 5-days Average volume was 7.49 million that shows progress from its year to date volume of 5.25 million. During the previous 9 days, stock’s Stochastic %D was recorded 96.83% While, its Average True Range was 0.20.

Raw Stochastic average of Fortuna Silver Mines Inc. (FSM) in the period of the previous 100 days is set at 98.73%, which indicates a major rise in contrast to 98.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 64.96% that was higher than 54.37% volatility it exhibited in the past 100-days period.