Fortuna Silver Mines (FSM) Scheduled to Post Quarterly Earnings on Thursday
Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
FSM stock opened at $3.04 on Tuesday. The company has a 50 day simple moving average of $3.18 and a 200 day simple moving average of $3.24. The stock has a market cap of $484.88 million, a price-to-earnings ratio of 12.67 and a beta of 0.28. Fortuna Silver Mines has a 1 year low of $2.39 and a 1 year high of $4.59. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.66 and a quick ratio of 1.47.
FSM has been the subject of a number of research analyst reports. Canaccord Genuity upgraded shares of Fortuna Silver Mines from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a research report on Friday, September 13th. Scotiabank upgraded shares of Fortuna Silver Mines from a “sector perform” rating to a “sector outperform” rating and set a $5.00 price objective for the company in a research report on Tuesday, September 10th. Zacks Investment Research upgraded shares of Fortuna Silver Mines from a “hold” rating to a “buy” rating and set a $3.50 price objective for the company in a research report on Wednesday, October 23rd. Finally, ValuEngine cut shares of Fortuna Silver Mines from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. Fortuna Silver Mines currently has an average rating of “Buy” and a consensus target price of $4.67.
Fortuna Silver Mines Inc engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. The company explores for silver, gold, lead, and zinc deposits. Its principal properties include the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver-gold mine located in southern Mexico; and the Lindero gold project located in Argentina.
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