Media stories about Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fortuna Silver Mines earned a news impact score of 0.15 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 46.4974914642672 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Buy or Hold? A Look at What the Technicals Are Saying About Fortuna Silver Mines Inc (FSM) – Evergreen Caller (evergreencaller.com)
- Fortuna Silver Mines Inc. (FSM) Forecasted to Earn FY2017 Earnings of $0.23 Per Share (americanbankingnews.com)
- Fortuna Silver Mines Inc. (NYSE:FSM) Sale Analysis – The Newburgh Press (newburghpress.com)
- Fortuna Silver Mines Inc (FSM) Share Activity Climbing in Session – Financial News Review (finnewsreview.com)
- Fortuna Silver Mines Inc Ordina (NYSE:FSM) Traded -7.8% Below Its 50 Day Average – Modern Readers (modernreaders.com)
Fortuna Silver Mines (NYSE:FSM) traded down 0.90% during midday trading on Friday, hitting $4.42. The stock had a trading volume of 1,387,634 shares. Fortuna Silver Mines has a 1-year low of $4.11 and a 1-year high of $9.19. The company has a market capitalization of $703.77 million, a PE ratio of 17.27 and a beta of 0.27. The stock’s 50-day moving average is $4.68 and its 200-day moving average is $5.04. Fortuna Silver Mines also was the target of unusually large options trading activity on Thursday. Investors purchased 19,890 call options on the stock. This is an increase of approximately 1,347% compared to the average daily volume of 1,375 call options.
Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last announced its quarterly earnings data on Monday, August 14th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.02. The business had revenue of $63.90 million during the quarter, compared to the consensus estimate of $58 million. Fortuna Silver Mines had a net margin of 15.97% and a return on equity of 9.08%. The firm’s quarterly revenue was up 43.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.01) earnings per share. Equities research analysts forecast that Fortuna Silver Mines will post $0.27 EPS for the current year.
FSM has been the subject of several research analyst reports. Zacks Investment Research raised Fortuna Silver Mines from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. ValuEngine lowered Fortuna Silver Mines from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. National Bank Financial reaffirmed an “outperform” rating on shares of Fortuna Silver Mines in a research note on Monday, May 15th. Finally, BidaskClub lowered Fortuna Silver Mines from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Fortuna Silver Mines presently has a consensus rating of “Buy” and an average price target of $7.83.
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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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