Fortuna Silver Mines Inc (NYSE: FSM) stock closed at $5.07 on 6/5/24 after a major decline of -14.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 346% of normal. The stock has declined -19.0% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
FSM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Fortuna Silver Mines has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Fortuna Silver Mines has a slightly positive Appreciation Score of 62 and a very high Power Rating of 95, triggering the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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