Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Fortuna Silver Mines Inc (NYSE: FSM) improved recently. FSM’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Fortuna Silver Mines Inc (NYSE: FSM) stock enjoyed a large increase of 3.6% on 12/1/23. The stock closed at $4.04. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 10.7% during the last week.
Current PriceTarget Research Rating
FSM is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Fortuna Silver Mines has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Fortuna Silver Mines has a good Appreciation Score of 75 but a poor Power Rating of 23, with the Neutral Value Trend Rating the result.
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