Fortuna Silver Mines (FSM) Receiving Somewhat Favorable Media Coverage, Accern Reports
News articles about Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fortuna Silver Mines earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 47.4315434479925 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Fortuna Silver Mines Inc. (FSM) Research Coverage Started at Canaccord Genuity (americanbankingnews.com)
- Comparing Fortuna Silver Mines (FSM) and its Peers (americanbankingnews.com)
- Fortuna Silver Mines Inc Ordina (NYSE:FSM) Traded 10.7% Above Its 50 Day Average – First News 24 (firstnewspaper24.com)
- Fortuna Silver Mines Inc. (FSM) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- Fortuna Silver Mines Inc. (FSM) has a value of $4.97 per share While SodaStream International Ltd. (SODA) is stand … – Stocks Gallery (stocksgallery.com)
FSM has been the subject of several recent analyst reports. ValuEngine cut Fortuna Silver Mines from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. National Bank Financial restated an “outperform” rating on shares of Fortuna Silver Mines in a research note on Monday, May 15th. Zacks Investment Research cut Fortuna Silver Mines from a “hold” rating to a “sell” rating in a research note on Monday, May 29th. BidaskClub cut Fortuna Silver Mines from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, Canaccord Genuity initiated coverage on Fortuna Silver Mines in a research report on Thursday, September 7th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $7.83.
Shares of Fortuna Silver Mines (NYSE FSM) opened at 4.81 on Tuesday. The company’s 50-day moving average price is $4.68 and its 200-day moving average price is $4.84. Fortuna Silver Mines has a 52-week low of $4.11 and a 52-week high of $8.28. The stock has a market cap of $765.86 million, a PE ratio of 18.79 and a beta of 0.22.
Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last issued its quarterly earnings results on Monday, August 14th. The basic materials company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02. Fortuna Silver Mines had a return on equity of 9.08% and a net margin of 15.97%. The company had revenue of $63.90 million during the quarter, compared to analysts’ expectations of $58 million. During the same quarter in the previous year, the firm posted ($0.01) EPS. The firm’s revenue was up 43.6% compared to the same quarter last year. On average, equities research analysts forecast that Fortuna Silver Mines will post $0.27 earnings per share for the current fiscal year.
About Fortuna Silver Mines
Fortuna Silver Mines Inc is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico.
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