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Analyst Rating: Will Fortuna Silver Mines Inc (FSM) Stock Lead the Market?

Monday, November 22, 2021 01:53 PM | InvestorsObserver Analysts

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Analyst Rating: Will Fortuna Silver Mines Inc (FSM) Stock Lead the Market?

Wall Street is neutral on Fortuna Silver Mines Inc (FSM). On average, analysts give the stock a Hold rating. The average price target is $5.8, which means analysts expect the stock to gain by 51.44% over the next twelve months. That average ranking earns the stock an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating FSM a Hold today. Find out what this means to you and get the rest of the rankings on FSM!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Fortuna Silver Mines Inc Stock Today?

Fortuna Silver Mines Inc (FSM) stock is trading at $3.83 as of 1:52 PM on Monday, Nov 22, a loss of $0.00, or -0.13% from the previous closing price of $3.83. Volume today is 4,469,305 compared to average volume of 5,542,962. The stock has traded between $3.63 and $3.89 so far today. Click Here to get the full Stock Report for Fortuna Silver Mines Inc stock.

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