Fortuna Silver Mines Inc. (FSM) Stock: A Year of Declines and Increases

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Fortuna Silver Mines Inc.’s current trading price is -25.36% away from its 52-week high, while its distance from the 52-week low is 52.93%. The stock’s price range for this period has been between $2.05 and $4.20 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 1.55 million for the day, a number notably lower than the average daily volume of 2.71 million over the last three months.

The stock price for Fortuna Silver Mines Inc. (FSM) currently stands at $3.13. The stock experienced a substantial increase in the last session, hitting $3.12 after starting at $2.99. The stock’s lowest price was $2.97 before closing at $3.06.

Fortuna Silver Mines Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $4.20 on 04/13/23 and a low of $2.05 for the same time frame on 09/26/22.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Fortuna Silver Mines Inc. (FSM) has experienced a quarterly decline of -3.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 912.02M.

Fortuna Silver Mines Inc.: What Analysts Are Saying

As of right now, 2 analysts are rating Fortuna Silver Mines Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.44, with a change in price of -0.85. Similarly, Fortuna Silver Mines Inc. recorded 2,852,753 in trading volume during the last 100 days, posting a change of -21.23%.

FSM Stock Stochastic Average

Fortuna Silver Mines Inc.’s raw stochastic average for the past 50 days is presently 29.89%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 54.62%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.91% and 30.81%, respectively.

FSM Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -16.40%. However, over the past six months, we’ve seen a stronger performance of -2.94%. The price of FSM leaped by -11.69% over the last 30 days. And in the last five days, it has surged by 7.73%.

silver