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 $6.00 (represents a 44.23% upside from FSM’s last price of $4.16) 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 $6.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $6.00. This represents a potential 44.23% upside from FSM's last price of $4.16.
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 |
|---|---|---|---|---|---|---|
| Jun 11, 2024 | Eric Winmill | Scotiabank | $6.00 | $5.04 | 18.93% | 44.23% |
The latest Fortuna Silver Mines stock forecast, released on Jun 11, 2024 by Eric Winmill from Scotiabank, set a price target of $6.00, which represents a 18.93% increase from the stock price at the time of the forecast ($5.04), and a 44.23% increase from FSM last price ($4.16).
Fortuna Silver Mines Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $6.00 | $6.00 |
| Last Closing Price | $4.16 | $4.16 | $4.16 |
| Upside/Downside | -100.00% | 44.23% | 44.23% |
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 $4.16. 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 |
|---|---|---|---|---|
| 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 Aug 19, 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 | $185.46M | $161.02M | $160.88M | $175.39M | $195.40M | $227.77M | $227.60M | $229.37M | $273.03M | $262.24M | $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 | $185.46M | $161.02M | $160.88M | $175.39M | $195.40M | $227.77M | $227.60M | $229.37M | $273.03M | $262.24M | $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 | $185.46M | $161.02M | $160.88M | $175.39M | $195.40M | $227.77M | $227.60M | $229.37M | $273.03M | $262.24M | $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 | - | - | - | - | - | - | - | - | - | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| 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 0 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 | - | - | - | - | - | - | - | - | - | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| 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 | $76.81M | $66.69M | $66.63M | $72.64M | $80.93M | $94.34M | $94.27M | $95.00M | $113.08M | $108.61M | $109.46M | $94.13M | $107.27M | $97.06M | $69.33M | $67.20M | $65.23M | $59.88M | $69.14M | $66.72M | $78.62M | $64.05M | $32.61M | $27.63M | $32.51M | $39.04M | $372.90K | $6.62M | $29.28M | $-2.00M |
| High Forecast | $76.81M | $66.69M | $66.63M | $72.64M | $80.93M | $94.34M | $94.27M | $95.00M | $113.08M | $108.61M | $109.46M | $94.13M | $107.27M | $97.06M | $69.33M | $67.20M | $65.23M | $71.86M | $69.14M | $80.06M | $78.62M | $76.86M | $39.13M | $33.16M | $32.51M | $46.85M | $447.48K | $7.94M | $29.28M | $-1.60M |
| Low Forecast | $76.81M | $66.69M | $66.63M | $72.64M | $80.93M | $94.34M | $94.27M | $95.00M | $113.08M | $108.61M | $109.46M | $94.13M | $107.27M | $97.06M | $69.33M | $67.20M | $65.23M | $47.91M | $69.14M | $53.37M | $78.62M | $51.24M | $26.09M | $22.11M | $32.51M | $31.23M | $298.32K | $5.30M | $29.28M | $-2.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.87% | 0.97% | 0.86% | 1.26% | 1.00% | 0.79% | 1.60% | 2.24% | 1.31% | 1.01% | 26.44% | 2.23% | 1.09% | -5.42% |
0 analysts predict FSM's average Quarter EBITDA for Jun 23 to be $69.33M, with a high of $69.33M and a low of $69.33M. This is -0.49% 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 | - | - | - | - | - | - | - | - | - | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| 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 | $22.88M | $18.87M | $20.41M | $23.87M | $36.96M | $43.79M | $43.94M | $42.66M | $44.44M | $44.88M | $45.38M | $16.83M | $27.58M | $20.73M | $8.44M | $7.53M | $6.40M | $-539.07K | $19.72M | $23.46M | $44.19M | $-576.54K | $10.11M | $17.43M | $29.24M | $18.12M | $-3.11M | $-10.12M | $18.07M | $-11.10M |
| High Forecast | $22.88M | $18.87M | $20.41M | $23.87M | $36.96M | $43.79M | $43.94M | $42.66M | $44.44M | $44.88M | $45.38M | $16.83M | $27.58M | $20.73M | $8.44M | $7.53M | $6.40M | $-431.25K | $19.72M | $28.15M | $44.19M | $-461.24K | $12.14M | $20.91M | $29.24M | $21.75M | $-2.49M | $-8.10M | $18.07M | $-8.88M |
| Low Forecast | $22.88M | $18.87M | $20.41M | $23.87M | $36.96M | $43.79M | $43.94M | $42.66M | $44.44M | $44.88M | $45.38M | $16.83M | $27.58M | $20.73M | $8.44M | $7.53M | $6.40M | $-646.88K | $19.72M | $18.77M | $44.19M | $-691.85K | $8.09M | $13.94M | $29.24M | $14.50M | $-3.73M | $-12.14M | $18.07M | $-13.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.45% | -25.05% | 7.65% | 0.09% | 1.11% | 0.38% | -0.37% | 1.60% | 1.52% | 0.64% | 0.72% | 1.82% | 0.44% | 1.05% | 0.69% |
Fortuna Silver Mines's average Quarter net income forecast for Jun 23 is $8.44M, with a range of $8.44M to $8.44M. FSM's average Quarter net income forecast represents a -22.39% 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 | - | - | - | - | - | - | - | - | - | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| 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 | $17.78M | $15.44M | $15.42M | $16.82M | $18.73M | $21.84M | $21.82M | $21.99M | $26.18M | $25.14M | $25.34M | $21.79M | $24.83M | $22.47M | $16.05M | $15.56M | $15.10M | $13.30M | $16.00M | $15.23M | $18.20M | $14.22M | $5.73M | $6.15M | $7.53M | $14.12M | $6.87M | $9.00M | $6.78M | $12.00M |
| High Forecast | $17.78M | $15.44M | $15.42M | $16.82M | $18.73M | $21.84M | $21.82M | $21.99M | $26.18M | $25.14M | $25.34M | $21.79M | $24.83M | $22.47M | $16.05M | $15.56M | $15.10M | $15.96M | $16.00M | $18.28M | $18.20M | $17.07M | $6.87M | $7.38M | $7.53M | $16.95M | $8.24M | $10.80M | $6.78M | $14.40M |
| Low Forecast | $17.78M | $15.44M | $15.42M | $16.82M | $18.73M | $21.84M | $21.82M | $21.99M | $26.18M | $25.14M | $25.34M | $21.79M | $24.83M | $22.47M | $16.05M | $15.56M | $15.10M | $10.64M | $16.00M | $12.18M | $18.20M | $11.38M | $4.58M | $4.92M | $7.53M | $11.30M | $5.49M | $7.20M | $6.78M | $9.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.10% | 0.98% | 0.93% | 1.11% | 0.90% | 0.79% | 1.60% | 1.39% | 1.61% | 0.63% | 1.51% | 0.40% | 1.38% | 0.58% |
Fortuna Silver Mines's average Quarter SG&A projection for Jun 23 is $16.05M, based on 0 Wall Street analysts, with a range of $16.05M to $16.05M. The forecast indicates a 7.38% 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 | - | - | - | - | - | - | - | - | - | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| 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 | $0.07 | $0.06 | $0.06 | $0.08 | $0.12 | $0.14 | $0.14 | $0.13 | $0.14 | $0.14 | $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 | $0.07 | $0.06 | $0.06 | $0.08 | $0.12 | $0.14 | $0.14 | $0.13 | $0.14 | $0.14 | $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 | $0.07 | $0.06 | $0.06 | $0.08 | $0.12 | $0.14 | $0.14 | $0.13 | $0.14 | $0.14 | $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 |
| 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 0 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 |
|---|---|---|---|---|---|
| FSM | Fortuna Silver Mines | $4.16 | $6.00 | 44.23% | Hold |
| PAAS | Pan American Silver | $18.62 | $25.00 | 34.26% | Buy |
| FNV | Franco-Nevada | $117.88 | $157.31 | 33.45% | Buy |
| SAND | Sandstorm Gold | $5.40 | $7.00 | 29.63% | Buy |
| NEM | Newmont | $50.34 | $62.82 | 24.79% | Buy |
| GFI | Gold Fields | $13.34 | $16.00 | 19.94% | Hold |
| OR | Osisko Gold Royalties | $16.50 | $19.00 | 15.15% | Buy |
| RGLD | Royal Gold | $134.04 | $149.75 | 11.72% | Buy |
| KGC | Kinross Gold | $8.33 | $8.99 | 7.92% | Buy |
| AEM | Agnico Eagle Mines | $76.89 | $76.26 | -0.82% | Buy |
| WPM | Wheaton Precious Metals | $57.98 | $54.28 | -6.38% | Buy |
| IAG | IAMGOLD | $4.81 | $4.02 | -16.42% | Hold |
FSM Forecast FAQ
Is Fortuna Silver Mines a good buy?
No, according to 4 Wall Street analysts, Fortuna Silver Mines (FSM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of FSM's total ratings.
What is FSM's price target?
Fortuna Silver Mines (FSM) average price target is $6 with a range of $6 to $6, implying a 44.23% from its last price of $4.16. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Fortuna Silver Mines stock go up soon?
According to Wall Street analysts' prediction for FSM stock, the company can go up by 44.23% (from the last price of $4.16 to the average price target of $6), up by 44.23% based on the highest stock price target, and up by 44.23% based on the lowest stock price target.
Can Fortuna Silver Mines stock reach $6?
FSM's average twelve months analyst stock price target of $6 does not support the claim that Fortuna Silver Mines can reach $6 in the near future.
What are Fortuna Silver Mines's analysts' financial forecasts?
Fortuna Silver Mines's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $880.14M (high $880.14M, low $880.14M), average EBITDA is $364.53M (high $364.53M, low $364.53M), average net income is $167.35M (high $167.35M, low $167.35M), average SG&A $84.38M (high $84.38M, low $84.38M), and average EPS is $0.528 (high $0.528, low $0.528). FSM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $682.76M (high $682.76M, low $682.76M), average EBITDA is $282.78M (high $282.78M, low $282.78M), average net income is $86.03M (high $86.03M, low $86.03M), average SG&A $65.46M (high $65.46M, low $65.46M), and average EPS is $0.271 (high $0.271, low $0.271).
Did the FSM's actual financial results beat the analysts' financial forecasts?
Based on Fortuna Silver Mines's last annual report (Dec 2022), the company's revenue was $681.49M, beating the average analysts forecast of $664.57M by 2.55%. Apple's EBITDA was $258.5M, missing the average prediction of $260.98M by -0.95%. The company's net income was $-136M, missing the average estimation of $49.05M by -377.10%. Apple's SG&A was $61.46M, beating the average forecast of $59.63M by 3.05%. Lastly, the company's EPS was $-0.47, missing the average prediction of $0.209 by -325.32%. In terms of the last quarterly report (Mar 2023), Fortuna Silver Mines's revenue was $175.65M, beating the average analysts' forecast of $162.25M by 8.26%. The company's EBITDA was $69.67M, beating the average prediction of $67.2M by 3.68%. Fortuna Silver Mines's net income was $10.88M, beating the average estimation of $7.53M by 44.57%. The company's SG&A was $14.95M, missing the average forecast of $15.56M by -3.92%. Lastly, the company's EPS was $0.0409, beating the average prediction of $0.0237 by 72.26%