Fortuna Silver Mines Inc.: Navigating a Turbulent Year, Up -13.98% from 52-Week Low

The stock of Fortuna Silver Mines Inc. (FSM) is currently priced at $3.61. In the last session, the stock climbed significantly, topping out at $3.53 after opening at $3.47. The day’s lowest price was $3.46 before the stock closed at $3.50.

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.

52-week price history of FSM Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Fortuna Silver Mines Inc.’s current trading price is -13.98% away from its 52-week high, while its distance from the 52-week low is 76.24%. The stock’s price range during this period has spanned from $2.05 to $4.20. In the Basic Materials sector, the Fortuna Silver Mines Inc.’s shares surpassed a trading volume of approximately 2.92 million for the day, which was noticeably lower compared to the average daily volume of 9.3.53 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Fortuna Silver Mines Inc. (FSM) has experienced a quarterly rise of 2.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.02B.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.65, with a change in price of -0.21. Similarly, Fortuna Silver Mines Inc. recorded 3,790,398 in trading volume during the last 100 days, posting a change of -5.58%.

FSM Stock Stochastic Average

Today’s raw stochastic average for Fortuna Silver Mines Inc. over the last 50 days is 48.64%.This indicates a increase from the raw stochastic average of the past 20 days, which was 38.39%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 21.13% and 13.16%, respectively.

FSM Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant loss of -3.65% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 3.23%. Over the past 30 days, the price of FSM has leaped by -5.91%. And in the last five days, it has fallen by -4.42%.

silver