Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Fortuna Silver Mines (FSM) Stock Price

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News coverage about Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fortuna Silver Mines earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 47.527519053903 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

NYSE FSM traded down $0.11 during trading on Friday, hitting $5.60. 1,863,409 shares of the company’s stock were exchanged, compared to its average volume of 747,086. The company has a current ratio of 5.39, a quick ratio of 5.02 and a debt-to-equity ratio of 0.07. The company has a market cap of $911.53 million, a price-to-earnings ratio of 18.06 and a beta of -0.02. Fortuna Silver Mines has a fifty-two week low of $4.03 and a fifty-two week high of $6.08.

Fortuna Silver Mines (NYSE:FSM) (TSE:FVI) last issued its earnings results on Wednesday, May 9th. The basic materials company reported $0.09 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.09. The firm had revenue of $70.40 million during the quarter, compared to the consensus estimate of $63.00 million. Fortuna Silver Mines had a return on equity of 8.71% and a net margin of 24.53%. The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.08 earnings per share. sell-side analysts predict that Fortuna Silver Mines will post 0.21 earnings per share for the current year.

A number of research analysts recently commented on FSM shares. Zacks Investment Research downgraded Fortuna Silver Mines from a “buy” rating to a “hold” rating in a research note on Friday, March 30th. TheStreet raised Fortuna Silver Mines from a “c+” rating to a “b” rating in a research note on Wednesday, March 21st. ValuEngine raised Fortuna Silver Mines from a “hold” rating to a “buy” rating in a research note on Thursday, April 19th. Finally, National Bank Financial downgraded Fortuna Silver Mines from an “outperform overweight” rating to a “sector perform overweight” rating in a research note on Wednesday, May 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Fortuna Silver Mines currently has an average rating of “Hold” and a consensus price target of $5.88.

Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. It explores for silver, gold, lead, and zinc deposits. The company holds interests in the Caylloma mine located in southern Peru; and the San Jose mine situated in the state of Oaxaca in southern Mexico.

Insider Buying and Selling by Quarter for Fortuna Silver Mines (NYSE:FSM)

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