Overall market sentiment has been high on Fortuna Silver Mines Inc (FSM) stock lately. FSM receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Fortuna Silver Mines Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FSM!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With FSM Stock Today?
Fortuna Silver Mines Inc (FSM) stock is trading at $2.67 as of 2:07 PM on Monday, Oct 3, an increase of $0.15, or 6.16% from the previous closing price of $2.52. The stock has traded between $2.56 and $2.70 so far today. Volume today is 5,373,785 compared to average volume of 4,502,320.
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More About Fortuna Silver Mines Inc
Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d'Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d'Ivoire. The company earns revenue from contracts with customers related to its concentrate and dore sales.
Click Here to get the full Stock Report for Fortuna Silver Mines Inc stock.
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