Fortuna Silver Mines (FSM) Stock Forecast, Price Target & Predictions
FSM Stock Forecast
Fortuna Silver Mines stock forecast is as follows: an average price target of $6.50 (represents a 50.46% upside from FSM’s last price of $4.32) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
FSM Price Target
The average price target for Fortuna Silver Mines (FSM) is $6.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $6.50 to $6.50. This represents a potential 50.46% upside from FSM's last price of $4.32.
FSM Analyst Ratings
According to 4 Wall Street analysts, Fortuna Silver Mines's rating consensus is 'Hold'. The analyst rating breakdown for FSM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Fortuna Silver Mines Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 14, 2024 | Eric Winmill | Scotiabank | $6.50 | $4.63 | 40.41% | 50.46% |
| Jun 11, 2024 | Eric Winmill | Scotiabank | $6.00 | $5.04 | 18.93% | 38.89% |
The latest Fortuna Silver Mines stock forecast, released on Oct 14, 2024 by Eric Winmill from Scotiabank, set a price target of $6.50, which represents a 40.41% increase from the stock price at the time of the forecast ($4.63), and a 50.46% increase from FSM last price ($4.32).
Fortuna Silver Mines Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $6.50 | $6.25 |
| Last Closing Price | $4.32 | $4.32 | $4.32 |
| Upside/Downside | -100.00% | 50.46% | 44.68% |
In the current month, the average price target of Fortuna Silver Mines stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Fortuna Silver Mines's last price of $4.32. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Oct 11, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 10, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Aug 19, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 23, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 22, 2024 | CIBC | Neutral | Neutral | Hold |
| May 17, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| May 09, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Apr 15, 2024 | CIBC | Neutral | Neutral | Hold |
| Apr 08, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Apr 05, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
Fortuna Silver Mines's last stock rating was published by Scotiabank on Oct 14, 2024. The company gave FSM a "Sector Perform" rating, the same as its previous rate.
Fortuna Silver Mines Financial Forecast
Fortuna Silver Mines Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $175.65M | $164.72M | $166.57M | $167.87M | $182.33M | $198.94M | $162.57M | $120.53M | $117.82M | $103.50M | $83.44M | $44.48M | $47.54M | $68.98M | $61.30M |
| Avg Forecast | $181.14M | $180.18M | $194.01M | $203.26M | $215.30M | $265.52M | $263.60M | $261.40M | $313.92M | $265.50M | $264.29M | $227.28M | $258.98M | $234.34M | $167.40M | $162.25M | $157.50M | $158.67M | $166.93M | $181.46M | $189.83M | $170.71M | $118.50M | $118.31M | $78.50M | $83.29M | $39.56M | $51.96M | $70.70M | $55.55M |
| High Forecast | $181.14M | $180.18M | $194.01M | $203.26M | $215.30M | $265.52M | $263.60M | $261.40M | $313.92M | $265.68M | $264.29M | $227.28M | $258.98M | $234.34M | $167.40M | $162.25M | $157.50M | $158.67M | $166.93M | $181.46M | $189.83M | $170.71M | $118.50M | $118.31M | $78.50M | $83.29M | $39.56M | $51.96M | $70.70M | $55.55M |
| Low Forecast | $181.14M | $180.18M | $194.01M | $203.26M | $215.30M | $265.52M | $263.60M | $261.40M | $313.92M | $265.32M | $264.29M | $227.28M | $258.98M | $234.34M | $167.40M | $162.25M | $157.50M | $158.67M | $166.93M | $181.46M | $189.83M | $170.71M | $118.50M | $118.31M | $78.50M | $83.29M | $39.56M | $51.96M | $70.70M | $55.55M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 12 | 7 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.05% | 1.05% | 1.01% | 1.00% | 1.05% | 0.95% | 1.02% | 1.00% | 1.32% | 1.00% | 1.12% | 0.91% | 0.98% | 1.10% |
Fortuna Silver Mines's average Quarter revenue forecast for Jun 23 based on 1 analysts is $167.40M, with a low forecast of $167.40M, and a high forecast of $167.40M. FSM's average Quarter revenue forecast represents a -4.70% decrease compared to the company's last Quarter revenue of $175.65M (Mar 23).
Fortuna Silver Mines EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 12 | 7 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $69.67M | $56.71M | $58.31M | $59.17M | $84.31M | $78.65M | $50.32M | $52.17M | $61.84M | $42.65M | $39.43M | $9.86M | $14.74M | $31.96M | $10.86M |
| Avg Forecast | $56.96M | $56.66M | $61.01M | $63.92M | $67.70M | $83.50M | $82.89M | $82.20M | $98.72M | $83.49M | $83.11M | $71.47M | $81.44M | $73.69M | $52.64M | $51.02M | $49.53M | $65.72M | $69.14M | $66.72M | $78.62M | $70.70M | $49.08M | $27.63M | $32.51M | $34.49M | $16.39M | $6.62M | $29.28M | $23.01M |
| High Forecast | $56.96M | $56.66M | $61.01M | $63.92M | $67.70M | $83.50M | $82.89M | $82.20M | $98.72M | $83.55M | $83.11M | $71.47M | $81.44M | $73.69M | $52.64M | $51.02M | $49.53M | $65.72M | $69.14M | $80.06M | $78.62M | $70.70M | $49.08M | $33.16M | $32.51M | $34.49M | $16.39M | $7.94M | $29.28M | $23.01M |
| Low Forecast | $56.96M | $56.66M | $61.01M | $63.92M | $67.70M | $83.50M | $82.89M | $82.20M | $98.72M | $83.43M | $83.11M | $71.47M | $81.44M | $73.69M | $52.64M | $51.02M | $49.53M | $65.72M | $69.14M | $53.37M | $78.62M | $70.70M | $49.08M | $22.11M | $32.51M | $34.49M | $16.39M | $5.30M | $29.28M | $23.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.37% | 1.14% | 0.89% | 0.86% | 1.26% | 1.00% | 0.71% | 1.06% | 2.24% | 1.31% | 1.14% | 0.60% | 2.23% | 1.09% | 0.47% |
1 analysts predict FSM's average Quarter EBITDA for Jun 23 to be $52.64M, with a high of $52.64M and a low of $52.64M. This is -24.45% lower than Fortuna Silver Mines's previous annual EBITDA (Mar 23) of $69.67M.
Fortuna Silver Mines Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 12 | 7 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.88M | $-160.43M | $-4.13M | $1.68M | $26.07M | $16.60M | $211.00K | $16.18M | $26.40M | $18.62M | $13.09M | $-5.66M | $-4.50M | $18.98M | $-7.71M |
| Avg Forecast | $36.06M | $35.57M | $39.59M | $41.38M | $55.79M | $64.59M | $63.73M | $60.83M | $67.52M | $36.64M | $45.05M | $16.71M | $27.38M | $20.58M | $8.38M | $7.47M | $6.36M | $5.67M | $20.28M | $23.46M | $45.68M | $46.49M | $38.56M | $17.43M | $30.23M | $39.10M | $-1.36M | $-10.12M | $18.68M | $14.59M |
| High Forecast | $36.06M | $35.57M | $39.59M | $41.38M | $55.79M | $64.59M | $63.73M | $70.97M | $67.52M | $36.64M | $45.08M | $16.72M | $27.38M | $20.80M | $8.38M | $7.47M | $6.36M | $5.67M | $20.28M | $28.15M | $45.68M | $46.49M | $38.56M | $20.91M | $30.23M | $39.10M | $-1.36M | $-8.10M | $18.68M | $14.59M |
| Low Forecast | $36.06M | $35.57M | $39.59M | $41.38M | $55.79M | $64.59M | $63.73M | $50.69M | $67.52M | $36.64M | $45.02M | $16.69M | $27.38M | $20.36M | $8.38M | $7.47M | $6.36M | $5.67M | $20.28M | $18.77M | $45.68M | $46.49M | $38.56M | $13.94M | $30.23M | $39.10M | $-1.36M | $-12.14M | $18.68M | $14.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.46% | -25.23% | -0.73% | 0.08% | 1.11% | 0.36% | 0.00% | 0.42% | 1.52% | 0.62% | 0.33% | 4.17% | 0.44% | 1.02% | -0.53% |
Fortuna Silver Mines's average Quarter net income forecast for Jun 23 is $8.38M, with a range of $8.38M to $8.38M. FSM's average Quarter net income forecast represents a -22.95% decrease compared to the company's last Quarter net income of $10.88M (Mar 23).
Fortuna Silver Mines SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 12 | 7 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.95M | $16.68M | $13.04M | $14.82M | $16.92M | $16.45M | $11.18M | $9.16M | $8.58M | $12.14M | $8.95M | $10.38M | $3.62M | $9.38M | $6.94M |
| Avg Forecast | $17.52M | $17.42M | $18.76M | $19.66M | $20.82M | $25.68M | $25.49M | $25.28M | $30.36M | $25.67M | $25.56M | $21.98M | $25.04M | $22.66M | $16.19M | $15.69M | $15.23M | $15.21M | $16.00M | $15.23M | $18.20M | $16.37M | $11.36M | $6.15M | $7.53M | $7.98M | $3.79M | $9.00M | $6.78M | $5.33M |
| High Forecast | $17.52M | $17.42M | $18.76M | $19.66M | $20.82M | $25.68M | $25.49M | $25.28M | $30.36M | $25.69M | $25.56M | $21.98M | $25.04M | $22.66M | $16.19M | $15.69M | $15.23M | $15.21M | $16.00M | $18.28M | $18.20M | $16.37M | $11.36M | $7.38M | $7.53M | $7.98M | $3.79M | $10.80M | $6.78M | $5.33M |
| Low Forecast | $17.52M | $17.42M | $18.76M | $19.66M | $20.82M | $25.68M | $25.49M | $25.28M | $30.36M | $25.66M | $25.56M | $21.98M | $25.04M | $22.66M | $16.19M | $15.69M | $15.23M | $15.21M | $16.00M | $12.18M | $18.20M | $16.37M | $11.36M | $4.92M | $7.53M | $7.98M | $3.79M | $7.20M | $6.78M | $5.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.09% | 0.86% | 0.93% | 1.11% | 0.90% | 0.68% | 0.81% | 1.39% | 1.61% | 1.12% | 2.74% | 0.40% | 1.38% | 1.30% |
Fortuna Silver Mines's average Quarter SG&A projection for Jun 23 is $16.19M, based on 1 Wall Street analysts, with a range of $16.19M to $16.19M. The forecast indicates a 8.31% rise compared to FSM last annual SG&A of $14.95M (Mar 23).
Fortuna Silver Mines EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 12 | 7 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.04 | $-0.55 | $-0.01 | $0.01 | $0.09 | $0.06 | - | $0.09 | $0.14 | $0.10 | $0.07 | $-0.03 | $-0.03 | $0.12 | $-0.05 |
| Avg Forecast | $0.11 | $0.11 | $0.13 | $0.13 | $0.18 | $0.21 | $0.20 | $0.19 | $0.21 | $0.12 | $0.14 | $0.05 | $0.09 | $0.07 | $0.03 | $0.02 | $0.02 | $0.02 | $0.06 | $0.11 | $0.14 | $0.15 | $0.12 | $0.09 | $0.10 | $0.12 | $-0.00 | $0.02 | $0.06 | $0.05 |
| High Forecast | $0.11 | $0.11 | $0.13 | $0.13 | $0.18 | $0.21 | $0.20 | $0.23 | $0.21 | $0.12 | $0.14 | $0.05 | $0.09 | $0.07 | $0.03 | $0.02 | $0.02 | $0.02 | $0.06 | $0.11 | $0.14 | $0.15 | $0.12 | $0.09 | $0.10 | $0.12 | $-0.00 | $0.02 | $0.06 | $0.05 |
| Low Forecast | $0.11 | $0.11 | $0.13 | $0.13 | $0.18 | $0.21 | $0.20 | $0.16 | $0.21 | $0.12 | $0.14 | $0.05 | $0.09 | $0.06 | $0.03 | $0.02 | $0.02 | $0.02 | $0.06 | $0.11 | $0.14 | $0.15 | $0.12 | $0.09 | $0.10 | $0.12 | $-0.00 | $0.02 | $0.06 | $0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.72% | -27.22% | -0.79% | 0.09% | 0.85% | 0.40% | 0.00% | 0.74% | 1.56% | 1.05% | 0.57% | 7.70% | -1.24% | 2.04% | -1.04% |
According to 1 Wall Street analysts, Fortuna Silver Mines's projected average Quarter EPS for Jun 23 is $0.03, with a low estimate of $0.03 and a high estimate of $0.03. This represents a -34.87% decrease compared to FSM previous annual EPS of $0.04 (Mar 23).
Fortuna Silver Mines Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NEM | Newmont | $39.80 | $57.86 | 45.38% | Buy |
| FSM | Fortuna Silver Mines | $4.60 | $6.50 | 41.30% | Hold |
| SAND | Sandstorm Gold | $5.61 | $7.50 | 33.69% | Buy |
| WPM | Wheaton Precious Metals | $59.76 | $73.50 | 22.99% | Buy |
| IAG | IAMGOLD | $5.31 | $6.40 | 20.53% | Hold |
| KGC | Kinross Gold | $9.57 | $11.50 | 20.17% | Buy |
| RGLD | Royal Gold | $144.27 | $169.40 | 17.42% | Buy |
| FNV | Franco-Nevada | $119.08 | $139.00 | 16.73% | Buy |
| GFI | Gold Fields | $13.90 | $16.00 | 15.11% | Hold |
| PAAS | Pan American Silver | $22.00 | $23.00 | 4.55% | Buy |
| OR | Osisko Gold Royalties | $18.98 | $19.00 | 0.11% | Buy |
| AEM | Agnico Eagle Mines | $81.73 | $79.80 | -2.36% | Buy |