News coverage about Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Fortuna Silver Mines earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.8635578437665 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
A number of research firms have recently commented on FSM. Canaccord Genuity began coverage on Fortuna Silver Mines in a report on Thursday, September 7th. They issued a “buy” rating for the company. Scotiabank lowered their price objective on Fortuna Silver Mines from $7.00 to $6.00 and set a “sector perform” rating on the stock in a research report on Friday, October 6th. Zacks Investment Research upgraded Fortuna Silver Mines from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, BidaskClub downgraded Fortuna Silver Mines from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $6.75.
Fortuna Silver Mines (FSM) traded up 0.47% during mid-day trading on Friday, reaching $4.28. The company’s stock had a trading volume of 510,929 shares. The firm’s 50 day moving average is $4.64 and its 200-day moving average is $4.70. The stock has a market cap of $681.47 million, a P/E ratio of 16.72 and a beta of 0.16. Fortuna Silver Mines has a one year low of $4.11 and a one year high of $7.73.
Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last released its quarterly earnings results on Monday, August 14th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. The business had revenue of $63.90 million for 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 was up 43.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.01) EPS. Equities analysts expect that Fortuna Silver Mines will post $0.29 earnings per share for the current fiscal year.
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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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