(FSM) Fortuna Silver Mines - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA3499151080

Silver, Gold, Lead, Zinc

FSM EPS (Earnings per Share)

EPS (Earnings per Share) of FSM over the last years for every Quarter: "2020-09": 0.08, "2020-12": 0.12, "2021-03": 0.14, "2021-06": 0.11, "2021-09": 0.08, "2021-12": 0.12, "2022-03": 0.11, "2022-06": 0.01, "2022-09": 0.01, "2022-12": 0.02, "2023-03": 0.05, "2023-06": 0.01, "2023-09": 0.1, "2023-12": 0.07, "2024-03": 0.09, "2024-06": 0.11, "2024-09": 0.17, "2024-12": 0.1184, "2025-03": 0.2, "2025-06": 0.13,

FSM Revenue

Revenue of FSM over the last years for every Quarter: 2020-09: 83.437, 2020-12: 103.504, 2021-03: 117.822, 2021-06: 120.526, 2021-09: 162.569, 2021-12: 198.936, 2022-03: 182.329, 2022-06: 167.871, 2022-09: 166.568, 2022-12: 164.723, 2023-03: 175.653, 2023-06: 158.406, 2023-09: 243.055, 2023-12: 272.044666, 2024-03: 224.030765, 2024-06: 262.31389, 2024-09: 274.921, 2024-12: 302.196, 2025-03: 290.145, 2025-06: 230.419,

Description: FSM Fortuna Silver Mines August 09, 2025

Fortuna Silver Mines Inc (NYSE:FSM) is a Canadian silver mining company with a market capitalization of $2.13 billion USD. The stock has been trading at $6.22, with support levels identified at $6.2, $5.4, $4.7, and $4.3. The companys price-to-earnings ratio is 13.35, indicating a relatively reasonable valuation compared to its earnings.

The stocks price movement is characterized by a beta of 1.212, suggesting a moderate level of volatility relative to the overall market. With a forward P/E ratio of 7.91, the market expects earnings to grow, potentially driven by increasing silver prices or improved operational efficiency. The return on equity (RoE) of 11.46% indicates that the company is generating a decent return for its shareholders.

To evaluate the investment potential of FSM, key performance indicators (KPIs) such as revenue growth, production costs, and silver reserves should be closely monitored. The companys ability to maintain a stable production profile, manage costs, and expand its resource base will be crucial in driving long-term value creation. Additionally, economic drivers like silver prices, currency fluctuations, and geopolitical risks will impact the companys financial performance.

From a trading perspective, the stocks moving averages (SMA20: $6.67, SMA50: $6.65, SMA200: $5.53) suggest a potential downtrend, with the short-term averages above the long-term average, indicating a possible bearish crossover. The average true range (ATR) of 0.30 (4.82%) implies a moderate level of price volatility, which may present trading opportunities for those willing to take on risk.

FSM Stock Overview

Market Cap in USD 2,544m
Sub-Industry Silver
IPO / Inception 2007-01-08

FSM Stock Ratings

Growth Rating 83.4%
Fundamental 83.0%
Dividend Rating -
Return 12m vs S&P 500 50.0%
Analyst Rating 3.20 of 5

FSM Dividends

Currently no dividends paid

FSM Growth Ratios

Growth Correlation 3m 63.6%
Growth Correlation 12m 93%
Growth Correlation 5y 12.6%
CAGR 5y 33.11%
CAGR/Max DD 3y (Calmar Ratio) 0.90
CAGR/Mean DD 3y (Pain Ratio) 2.06
Sharpe Ratio 12m 0.97
Alpha 50.39
Beta 1.288
Volatility 53.98%
Current Volume 13740.8k
Average Volume 20d 13740.8k
Stop Loss 7.7 (-6%)
Signal -0.53

Piotroski VR‑10 (Strict, 0-10) 9.0

Net Income (157.7m TTM) > 0 and > 6% of Revenue (6% = 65.9m TTM)
FCFTA 0.11 (>2.0%) and ΔFCFTA 3.52pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 33.76% (prev 13.02%; Δ 20.74pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.20 (>3.0%) and CFO 436.9m > Net Income 157.7m (YES >=105%, WARN >=100%)
Net Debt (-162.4m) to EBITDA (565.6m) ratio: -0.29 <= 3.0 (WARN <= 3.5)
Current Ratio 2.71 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (309.0m) change vs 12m ago -2.52% (target <= -2.0% for YES)
Gross Margin 37.78% (prev 26.63%; Δ 11.14pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 52.74% (prev 49.47%; Δ 3.27pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 12.12 (EBITDA TTM 565.6m / Interest Expense TTM 26.5m) >= 6 (WARN >= 3)

Altman Z'' 5.21

(A) 0.17 = (Total Current Assets 587.5m - Total Current Liabilities 217.0m) / Total Assets 2.14b
(B) 0.14 = Retained Earnings (Balance) 304.9m / Total Assets 2.14b
(C) 0.15 = EBIT TTM 321.1m / Avg Total Assets 2.08b
(D) 2.45 = Book Value of Equity 1.46b / Total Liabilities 595.9m
Total Rating: 5.21 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 82.96

1. Piotroski 9.0pt = 4.0
2. FCF Yield 10.07% = 5.0
3. FCF Margin 21.71% = 5.43
4. Debt/Equity 0.14 = 2.49
5. Debt/Ebitda -0.29 = 2.50
6. ROIC - WACC (= 1.93)% = 2.41
7. RoE 10.91% = 0.91
8. Rev. Trend 80.35% = 6.03
9. EPS Trend 83.92% = 4.20

What is the price of FSM shares?

As of November 09, 2025, the stock is trading at USD 8.19 with a total of 13,740,834 shares traded.
Over the past week, the price has changed by -0.97%, over one month by -6.72%, over three months by +31.67% and over the past year by +70.98%.

Is Fortuna Silver Mines a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Fortuna Silver Mines (NYSE:FSM) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 82.96 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FSM is around 8.44 USD . This means that FSM is currently overvalued and has a potential downside of 3.05%.

Is FSM a buy, sell or hold?

Fortuna Silver Mines has received a consensus analysts rating of 3.20. Therefor, it is recommend to hold FSM.
  • Strong Buy: 1
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the FSM price?

Issuer Target Up/Down from current
Wallstreet Target Price 10.5 28.2%
Analysts Target Price 10.5 28.2%
ValueRay Target Price 9.5 16.5%

FSM Fundamental Data Overview November 04, 2025

Market Cap USD = 2.54b (2.54b USD * 1.0 USD.USD)
P/E Trailing = 15.0364
P/E Forward = 8.2169
P/S = 2.1432
P/B = 1.8258
Beta = 1.288
Revenue TTM = 1.10b USD
EBIT TTM = 321.1m USD
EBITDA TTM = 565.6m USD
Long Term Debt = 130.0m USD (from longTermDebt, last quarter)
Short Term Debt = 22.1m USD (from shortTermDebt, last quarter)
Debt = 216.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -162.4m USD (from netDebt column, last quarter)
Enterprise Value = 2.37b USD (2.54b + Debt 216.0m - CCE 394.0m)
Interest Coverage Ratio = 12.12 (Ebit TTM 321.1m / Interest Expense TTM 26.5m)
FCF Yield = 10.07% (FCF TTM 238.3m / Enterprise Value 2.37b)
FCF Margin = 21.71% (FCF TTM 238.3m / Revenue TTM 1.10b)
Net Margin = 14.36% (Net Income TTM 157.7m / Revenue TTM 1.10b)
Gross Margin = 37.78% ((Revenue TTM 1.10b - Cost of Revenue TTM 683.0m) / Revenue TTM)
Gross Margin QoQ = 45.58% (prev 39.94%)
Tobins Q-Ratio = 1.11 (Enterprise Value 2.37b / Total Assets 2.14b)
Interest Expense / Debt = 2.81% (Interest Expense 6.08m / Debt 216.0m)
Taxrate = 41.36% (33.7m / 81.4m)
NOPAT = 188.3m (EBIT 321.1m * (1 - 41.36%))
Current Ratio = 2.71 (Total Current Assets 587.5m / Total Current Liabilities 217.0m)
Debt / Equity = 0.14 (Debt 216.0m / totalStockholderEquity, last quarter 1.49b)
Debt / EBITDA = -0.29 (Net Debt -162.4m / EBITDA 565.6m)
Debt / FCF = -0.68 (Net Debt -162.4m / FCF TTM 238.3m)
Total Stockholder Equity = 1.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.37% (Net Income 157.7m / Total Assets 2.14b)
RoE = 10.91% (Net Income TTM 157.7m / Total Stockholder Equity 1.44b)
RoCE = 20.39% (EBIT 321.1m / Capital Employed (Equity 1.44b + L.T.Debt 130.0m))
RoIC = 11.98% (NOPAT 188.3m / Invested Capital 1.57b)
WACC = 10.05% (E(2.54b)/V(2.76b) * Re(10.76%) + D(216.0m)/V(2.76b) * Rd(2.81%) * (1-Tc(0.41)))
Discount Rate = 10.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.39%
[DCF Debug] Terminal Value 70.31% ; FCFE base≈204.7m ; Y1≈219.9m ; Y5≈269.2m
Fair Price DCF = 9.93 (DCF Value 3.05b / Shares Outstanding 307.0m; 5y FCF grow 8.33% → 3.0% )
EPS Correlation: 83.92 | EPS CAGR: 154.1% | SUE: 0.89 | # QB: 1
Revenue Correlation: 80.35 | Revenue CAGR: 12.52% | SUE: -0.16 | # QB: 0

Additional Sources for FSM Stock

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