Alert: Positive Investment/Fundamental Signals (6/28/24)-Fortuna Silver Mines Inc (NYSE: FSM)

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Significant positive changes in fundamentals have recently occurred for Fortuna Silver Mines Inc (NYSE: FSM): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Fortuna Silver Mines Inc (NYSE: FSM) has recently enjoyed meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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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 consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Fortuna Silver Mines has a good Appreciation Score of 71 and a very high Power Rating of 98, triggering the Highest Value Trend Rating.

Recent Price Action

On 6/28/24, Fortuna Silver Mines Inc (NYSE: FSM) stock rose slightly by 0.2%, closing at $4.89. However, trading volume in this advance was exceptionally low at 46% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.9% during the last week.

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