Connect with us

Precious Metals

Fortuna Silver Mines Inc. (FSM) Stock: From Low to High in 52 Weeks

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…

Share this article:

Published

on

This article was originally published by Invest Chronicle

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 -25.24% away from its 52-week high, while its distance from the 52-week low is 53.17%. 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 3.18 million for the day, a number notably higher than the average daily volume of 2.84 million over the last three months.

At present, Fortuna Silver Mines Inc. (FSM) has a stock price of $3.14. In the previous session, the stock saw a rise, peaking at $3.22 after an opening price of $3.17. The day’s lowest price was $3.11, and it closed at $3.18.

The market performance of Fortuna Silver Mines Inc.’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $4.20 on 04/13/23, while the lowest value for the same duration was $2.05 on 09/26/22.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Fortuna Silver Mines Inc. (FSM) has experienced a quarterly decline of -20.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 913.37M.

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 3.49, with a change in price of -0.37. Similarly, Fortuna Silver Mines Inc. recorded 3,157,368 in trading volume during the last 100 days, posting a change of -10.54%.

FSM Stock Stochastic Average

As of today, Fortuna Silver Mines Inc.’s raw stochastic average for the last 50 days stands at 9.68%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 18.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 20.33% and 17.63%, respectively.

FSM Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -16.27%.However, over the last six months, we can see a stronger performance of -13.74%. Over the last 30 days, the price of FSM has leaped by -11.55%. And in the last five days, it has fallen by -4.56%.

Share this article:

Canadian Silver Co. Will See Big Changes in 2024

Source: Michael Ballanger 12/22/2023

Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the market and shares on stock…

Share this article:

Published

on

By

Continue Reading

EGR options out Urban Berry project in Quebec to Harvest Gold – Richard Mills

2023.12.23
EGR Exploration Ltd. (TSXV: EGR) has moved from owner to shareholder at its Urban Berry project in Quebec, this week announcing it is optioning…

Share this article:

Published

on

Continue Reading
Economics

Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar

Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar

A weird week of macro data – strong jobless claims but…

Share this article:

Published

on

Continue Reading

Trending