Media stories about Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fortuna Silver Mines earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 46.6996677422578 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
Shares of Fortuna Silver Mines (NYSE:FSM) traded down $0.25 during midday trading on Friday, reaching $4.08. 1,975,700 shares of the company were exchanged, compared to its average volume of 1,584,706. The firm has a market capitalization of $689.44, a PE ratio of 15.46 and a beta of 0.17. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.53 and a current ratio of 4.84. Fortuna Silver Mines has a 52-week low of $4.06 and a 52-week high of $6.92.
Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last issued 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 analysts’ expectations of $58.00 million. Fortuna Silver Mines had a net margin of 15.44% and a return on equity of 9.37%. The business’s revenue for the quarter was up 43.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.01) earnings per share. analysts forecast that Fortuna Silver Mines will post 0.29 EPS for the current year.
Several brokerages have recently commented on FSM. Scotiabank lowered their price target on shares of Fortuna Silver Mines from $7.00 to $6.00 and set a “sector perform” rating for the company in a research report on Friday, October 6th. Zacks Investment Research upgraded shares of Fortuna Silver Mines from a “sell” rating to a “hold” rating and set a $5.25 price target for the company in a research report on Friday, September 22nd. Canaccord Genuity initiated coverage on shares of Fortuna Silver Mines in a research report on Thursday, September 7th. They set a “buy” rating for the company. Finally, BidaskClub cut shares of Fortuna Silver Mines from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and two have issued 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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