The Future of Fortuna Silver Mines Inc.: Analyzing FSM

Fortuna Silver Mines Inc. (FSM) stock is currently valued at $2.95. During the last session, the stock experienced a remarkable rise, reaching $3.315 after opening at $3.27. The stock briefly dropped to $3.245 before ultimately closing at $3.28.

In terms of market performance, Fortuna Silver Mines Inc. had a fairly even. The highest value for the stock in the past year was $4.20 on 04/13/23, and the lowest value was recorded at $2.05 on 09/26/22.

52-week price history of FSM Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Fortuna Silver Mines Inc.’s current trading price is -29.64% away from its 52-week high, while its distance from the 52-week low is 44.15%. The stock’s price range during the 52-week period has remained between $2.05 and $4.20. In the Basic Materials sector, the company’s shares saw a trading volume of around 3.5 million for the day, which was evidently higher than the average daily volume of 2.74 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Fortuna Silver Mines Inc. (FSM) has experienced a quarterly decline of -16.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 859.56M.

A Closer Look at Analysts’ Ratings for Fortuna Silver Mines Inc.

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.

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 3.53, with a change in price of -0.54. Similarly, Fortuna Silver Mines Inc. recorded 3,037,017 in trading volume during the last 100 days, posting a change of -15.51%.

FSM Stock Stochastic Average

Fortuna Silver Mines Inc.’s raw stochastic average for the past 50 days is presently 3.44%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 3.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.32% and 16.22%, respectively.

FSM Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -21.20%. However, over the last six months, the performance has been stronger by -17.69%. The price of FSM decreased -14.84% over the last 30 days. And in the last five days, it has fallen by -9.63%.

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