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How to buy Fortuna Silver Mines stock

Own Fortuna Silver Mines stock in just a few minutes.

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Fortuna Silver Mines Inc is a silver business based in the US. Fortuna Silver Mines shares (FSM) are listed on the NYSE and all prices are listed in US Dollars. Fortuna Silver Mines employs 1,232 staff and has a trailing 12-month revenue of around USD$222.3 million.

How to buy shares in Fortuna Silver Mines

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Fortuna Silver Mines. Find the stock by name or ticker symbol: FSM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Fortuna Silver Mines reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Fortuna Silver Mines, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Fortuna Silver Mines. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Fortuna Silver Mines share price

Use our graph to track the performance of FSM stocks over time.

Fortuna Silver Mines shares at a glance

Information last updated 2020-10-20.
52-week range USD$1.47 - USD$7.95
50-day moving average USD$6.8734
200-day moving average USD$5.2263
Wall St. target price USD$9
PE ratio 64.9
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.001

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Fortuna Silver Mines stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Fortuna Silver Mines under- or over-valued?

Valuing Fortuna Silver Mines stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortuna Silver Mines's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Fortuna Silver Mines's P/E ratio

Fortuna Silver Mines's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 65x. In other words, Fortuna Silver Mines shares trade at around 65x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Fortuna Silver Mines's EBITDA

Fortuna Silver Mines's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$66.5 million.

The EBITDA is a measure of a Fortuna Silver Mines's overall financial performance and is widely used to measure a its profitability.

Fortuna Silver Mines financials

Revenue TTM USD$222.3 million
Operating margin TTM 12.01%
Gross profit TTM USD$84.6 million
Return on assets TTM 1.87%
Return on equity TTM 0.17%
Profit margin 0.5%
Book value $3.761
Market capitalisation USD$1.3 billion

TTM: trailing 12 months

Shorting Fortuna Silver Mines shares

There are currently 8.9 million Fortuna Silver Mines shares held short by investors – that's known as Fortuna Silver Mines's "short interest". This figure is 2.3% down from 9.1 million last month.

There are a few different ways that this level of interest in shorting Fortuna Silver Mines shares can be evaluated.

Fortuna Silver Mines's "short interest ratio" (SIR)

Fortuna Silver Mines's "short interest ratio" (SIR) is the quantity of Fortuna Silver Mines shares currently shorted divided by the average quantity of Fortuna Silver Mines shares traded daily (recently around 4.7 million). Fortuna Silver Mines's SIR currently stands at 1.89. In other words for every 100,000 Fortuna Silver Mines shares traded daily on the market, roughly 1890 shares are currently held short.

However Fortuna Silver Mines's short interest can also be evaluated against the total number of Fortuna Silver Mines shares, or, against the total number of tradable Fortuna Silver Mines shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Fortuna Silver Mines's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Fortuna Silver Mines shares in existence, roughly 50 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Fortuna Silver Mines shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Fortuna Silver Mines.

Find out more about how you can short Fortuna Silver Mines stock.

Fortuna Silver Mines share dividends

We're not expecting Fortuna Silver Mines to pay a dividend over the next 12 months.

Fortuna Silver Mines share price volatility

Over the last 12 months, Fortuna Silver Mines's shares have ranged in value from as little as $1.47 up to $7.95. A popular way to gauge a stock's volatility is its "beta".

FSM.US volatility(beta: 1.69)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Fortuna Silver Mines's is 1.6898. This would suggest that Fortuna Silver Mines's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Fortuna Silver Mines overview

Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. The company explores for silver, gold, lead, and zinc deposits. Its principal properties include the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver-gold mine located in southern Mexico; and the Lindero gold project located in Argentina. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. was incorporated in 1990 and is headquartered in Miraflores, Peru.

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