Fortuna Silver Mines (FSM) Given Daily News Impact Rating of 0.13
Media headlines about Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fortuna Silver Mines earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 46.2752315270339 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Fortuna Silver Mines Inc. (FSM) Set to Announce Quarterly Earnings on Wednesday (americanbankingnews.com)
- Fortuna Silver Mines Inc. (FSM) receives consensus rating of 3.00 – Newburgh Gazette (newburghgazette.com)
- Fortuna to release third quarter financial results on November 8, 2017; Conference call at 12 pm Eastern on November … – Marketwired (press release) (marketwired.com)
- Fortuna to release third quarter financial results on November 8, 2017; Conference call at 12 p.m. Eastern on November 9, 2017 (finance.yahoo.com)
Fortuna Silver Mines (FSM) traded down $0.10 during midday trading on Friday, reaching $4.19. 995,689 shares of the company’s stock were exchanged, compared to its average volume of 1,105,666. The company has a quick ratio of 4.53, a current ratio of 4.84 and a debt-to-equity ratio of 0.08. The company has a market cap of $667.15, a P/E ratio of 16.12 and a beta of 0.17. Fortuna Silver Mines has a 52-week low of $4.11 and a 52-week high of $7.68.
Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last posted its quarterly earnings data on Monday, August 14th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.02. The firm had revenue of $63.90 million during the quarter, compared to the consensus estimate of $58.00 million. Fortuna Silver Mines had a net margin of 15.97% and a return on equity of 9.08%. The business’s revenue for the quarter was up 43.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.01) EPS. research analysts forecast that Fortuna Silver Mines will post 0.29 earnings per share for the current fiscal year.
A number of research analysts have recently commented on FSM shares. Canaccord Genuity started coverage on shares of Fortuna Silver Mines in a research report on Thursday, September 7th. They issued a “buy” rating for the company. Zacks Investment Research raised shares of Fortuna Silver Mines from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Scotiabank reduced their target price on shares of Fortuna Silver Mines from $7.00 to $6.00 and set a “sector perform” rating for the company in a report on Friday, October 6th. Finally, BidaskClub downgraded shares of Fortuna Silver Mines from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. 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 assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $6.75.
Fortuna Silver Mines Company Profile
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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