Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Fortuna Silver Mines Inc.’s current trading price is -5.16% away from its 52-week high, while its distance from the 52-week low is 81.59%. The stock’s price range during this period has varied between $2.58 and $4.94. The company, active in the Basic Materials sector, saw a trading volume of around 2.34 million for the day, considerably lower average daily volume of 5.79 million observed over the last three months.
Fortuna Silver Mines Inc. had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $4.94 on 04/12/24, while the lowest price during the same period was $2.58 on 10/04/23.
How Financial Performance Impacts Market Capitalization
Fortuna Silver Mines Inc. (FSM) has experienced a quarterly rise of 49.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.44B and boasts a workforce of 5185 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.61, with a change in price of +0.76. Similarly, Fortuna Silver Mines Inc. recorded 5,430,116 in trading volume during the last 100 days, posting a change of +19.29%.
How FSM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for FSM stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.17.
FSM Stock Stochastic Average
As of today, the raw stochastic average of Fortuna Silver Mines Inc. over the last 50 days is at 88.58%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 76.23%. Further, the company’s Stochastic %K and %D values for the last 20 days were 83.36% and 83.52%, respectively.
FSM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 21.37%. However, over the past six months, we’ve seen a weaker performance of 65.55%. The price of FSM fallen by 25.60% over the last 30 days. And in the last five days, it has surged by 4.34%.
