Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
FSM logo FSM
Upturn stock ratingUpturn stock rating
FSM logo

Fortuna Silver Mines Inc (FSM)

Upturn stock ratingUpturn stock rating
$6.36
Last Close (24-hour delay)
Profit since last BUY-5.64%
upturn advisory
WEAK BUY
BUY since 17 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/27/2025: FSM (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $7

1 Year Target Price $7

Analysts Price Target For last 52 week
$7Target price
Low$3.86
Current$6.36
high$7.55

Analysis of Past Performance

Type Stock
Historic Profit -25.14%
Avg. Invested days 28
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.01B USD
Price to earnings Ratio 12.34
1Y Target Price 7
Price to earnings Ratio 12.34
1Y Target Price 7
Volume (30-day avg) 5
Beta 1.3
52 Weeks Range 3.86 - 7.55
Updated Date 06/30/2025
52 Weeks Range 3.86 - 7.55
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.53

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 13.98%
Operating Margin (TTM) 30.7%

Management Effectiveness

Return on Assets (TTM) 8.28%
Return on Equity (TTM) 12.69%

Valuation

Trailing PE 12.34
Forward PE 8.98
Enterprise Value 1882794207
Price to Sales(TTM) 1.74
Enterprise Value 1882794207
Price to Sales(TTM) 1.74
Enterprise Value to Revenue 1.64
Enterprise Value to EBITDA 3.58
Shares Outstanding 306960000
Shares Floating 303890386
Shares Outstanding 306960000
Shares Floating 303890386
Percent Insiders 0.6
Percent Institutions 67.98

Analyst Ratings

Rating 3
Target Price 7
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold 2
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

Fortuna Silver Mines Inc

stock logo

Company Overview

overview logo History and Background

Fortuna Silver Mines Inc. was founded in 2005. It is a precious metals mining company with a focus on silver and gold production. The company has grown through exploration, development, and acquisitions, establishing itself as a significant player in the industry.

business area logo Core Business Areas

  • Mining Operations: Fortuna operates several mines in Latin America and West Africa, focusing on the extraction of silver, gold, lead, and zinc concentrates.
  • Exploration and Development: The company actively explores and develops new mining projects to expand its production capacity and mineral reserves.

leadership logo Leadership and Structure

The company is led by a CEO and a management team overseeing various departments, including operations, finance, and exploration. It has a board of directors responsible for corporate governance and strategic direction.

Top Products and Market Share

overview logo Key Offerings

  • Silver: Fortuna's primary product is silver concentrate produced from its mines. Competitors include Pan American Silver Corp. and Hecla Mining Company. Fortuna does not release detailed revenue splits for silver alone. Total 2023 silver production was ~6.2 million ounces.
  • Gold: Gold is a significant byproduct and a primary product from the Yaramoko mine. Competitors include Kinross Gold and Newmont Corporation. Fortuna does not release detailed revenue splits for gold alone. Total 2023 gold production was ~152,000 ounces.
  • Lead and Zinc: Lead and zinc are also produced as byproducts from some of its mines. Competitors include Glencore and Teck Resources. The company does not publicly disclose market share data for these by-products.

Market Dynamics

industry overview logo Industry Overview

The precious metals mining industry is driven by factors like global economic conditions, investment demand, industrial usage, and geopolitical events. Prices for silver and gold are influenced by supply and demand dynamics.

Positioning

Fortuna Silver Mines Inc. is positioned as a mid-tier precious metals producer. It focuses on operating cost-effective mines and expanding its production through exploration and acquisitions.

Total Addressable Market (TAM)

The global silver and gold mining market are estimated in the hundreds of billions of dollars. Fortuna, with its current production, captures a small percentage of this total market. The precise TAM fluctuates based on prices and production volumes.

Upturn SWOT Analysis

Strengths

  • Diversified asset base across multiple countries
  • Experienced management team
  • Strong exploration potential at existing mines
  • Cost-effective mining operations

Weaknesses

  • Exposure to geopolitical risks in developing countries
  • Fluctuations in commodity prices impacting revenue
  • Operational challenges at specific mine sites
  • Dependence on a few key assets

Opportunities

  • Acquisition of new mining projects
  • Expansion of existing mines
  • Increased exploration success
  • Improved operational efficiency

Threats

  • Declining commodity prices
  • Increased political instability in operating regions
  • Environmental regulations and compliance costs
  • Competition from larger mining companies

Competitors and Market Share

competitor logo Key Competitors

  • PAAS
  • HL
  • AG

Competitive Landscape

Fortuna's competitive advantage lies in its diversified asset base and cost-effective operations. Disadvantages include its smaller size compared to major mining companies and its exposure to geopolitical risks.

Major Acquisitions

Roxgold Inc.

  • Year: 2021
  • Acquisition Price (USD millions): 897
  • Strategic Rationale: Diversified Fortuna's asset base with the high-grade Yaramoko gold mine in Burkina Faso.

Growth Trajectory and Initiatives

Historical Growth: Fortuna's historical growth has been driven by production increases at existing mines and the acquisition of new assets.

Future Projections: Analyst projections depend on various factors, including commodity prices, production volumes, and cost control. These projections are subject to change based on market conditions.

Recent Initiatives: Recent initiatives include exploration programs at existing mines, operational improvements, and strategic acquisitions.

Summary

Fortuna Silver Mines shows moderate strength by diversifying its production and locations across the Americas and West Africa. However, it is susceptible to commodity price volatility. The acquisition of Roxgold has boosted gold production, though geopolitical and operational challenges in specific regions necessitate careful risk management. Continuous exploration success and operational efficiency improvements are vital for future growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Financial Reports
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The data provided is based on available information and is subject to change. Market share data is estimated and may not be precise. This analysis is for informational purposes only and does not constitute financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Fortuna Silver Mines Inc

Exchange NYSE
Headquaters Vancouver, BC, Canada
IPO Launch date 2007-01-08
Co-Founder, President, CEO & Director Mr. Jorge A. Ganoza Durant B.Sc., Eng
Sector Basic Materials
Industry Gold
Full time employees -
Full time employees -

Fortuna Mining Corp. engages in the precious and base metal mining and related activities in Argentina, Burkina Faso, Côte d'Ivoire, Mexico, Peru, and Senegal. The company operates through Mansfield, Sanu, Sango, Cuzcatlan, and Bateas segments. It operates the Lindero gold mine, the Yaramoko gold mine, the Séguéla gold mine, and the San Jose silver-gold mine, as well as the Caylloma silver, lead, and zinc mine. The company was formerly known as Fortuna Silver Mines Inc. and changed its name to Fortuna Mining Corp. in June 2024. Fortuna Mining Corp. was incorporated in 1990 and is based in Vancouver, Canada.