Somewhat Favorable News Coverage Somewhat Unlikely to Affect Fortuna Silver Mines (FSM) Share Price
Press coverage about Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fortuna Silver Mines earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 45.6554555152618 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Fortuna Silver Mines Inc. (bnamericas.com)
- Critical Survey: Fortuna Silver Mines (FSM) vs. Freeport-McMoran (FCX) (americanbankingnews.com)
- Silver Price To Bounce Back Strong Next Year After Lackluster 2017 – Analysts (kitco.com)
- ETFs with exposure to Fortuna Silver Mines, Inc. : December 21, 2017 (finance.yahoo.com)
- Conquer Concerns on Short-Term Commitments: Fortuna Silver Mines Inc. (NYSE:FSM) – Stock News Stop (stockmarketstop.com)
Fortuna Silver Mines (FSM) opened at $5.22 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.45 and a current ratio of 4.77. Fortuna Silver Mines has a 12 month low of $4.03 and a 12 month high of $6.92. The firm has a market capitalization of $836.50, a PE ratio of 20.88 and a beta of 0.14.
Several analysts have issued reports on the company. Zacks Investment Research upgraded Fortuna Silver Mines from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Canaccord Genuity assumed coverage on Fortuna Silver Mines in a report on Thursday, September 7th. They set a “buy” rating on the stock. Scotiabank cut their price objective on Fortuna Silver Mines from $7.00 to $6.00 and set a “sector perform” rating on the stock in a report on Friday, October 6th. BMO Capital Markets assumed coverage on Fortuna Silver Mines in a report on Friday, November 17th. They set an “outperform” rating on the stock. Finally, Raymond James Financial cut Fortuna Silver Mines from a “strong-buy” rating to an “outperform” rating in a research note on Tuesday, November 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $6.75.
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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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