Fortuna Silver Mines Inc (NYSE: FSM) stock closed at $5.15 on 10/18/24 after a major increase of 10.5%. Moreover, trading volume in this advance was unusually high at 174% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.6% during the last week.
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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Fortuna Silver Mines has a very high Appreciation Score of 86 and a very high Power Rating of 92, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive 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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