How to Buy Fortuna Silver Mines Stock
Fortuna Silver Mines Inc
Fortuna Silver Mines is a gold company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker FSM on the NYSE exchange.
Fortuna Silver Mines stock last closed at $4.77, down 0.21% from the previous day, and has increased 28.92% in one year. It has overperformed other stocks in the Gold industry by 0.35 percentage points. Fortuna Silver Mines stock is currently +84.88% from its 52-week low of $2.58, and -3.44% from its 52-week high of $4.94.
At the moment, there are 306.59M FSM shares outstanding. The market capitalization of FSM is $1.46B. In the last 24 hours, 4.59M FSM shares were traded.
How to Buy Fortuna Silver Mines Stock
Wondering how to invest in Fortuna Silver Mines stock? Here's how.
- Figure out where to buy Fortuna Silver Mines stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Fortuna Silver Mines stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Research Fortuna Silver Mines stock: The Fortuna Silver Mines ticker symbol is FSM. Is Fortuna Silver Mines stock a good investment? Should you buy shares of FSM? How do FSM's underlying business fundamentals look? Do top analysts think Fortuna Silver Mines is a good buy? Why has FSM's stock price moved recently? (Hint: Our stock market research website can help you figure out if FSM is a good stock to buy).
- Place your FSM purchase: Decide if you will purchase FSM shares at the current market price or use a limit order to buy FSM stock at a given price.
- Monitor your investment in FSM: Create a watchlist to keep track of your investment in Fortuna Silver Mines shares.
Step 1: Figure out where to buy Fortuna Silver Mines stock
You will need an online brokerage account in order to access the NYSE market and buy FSM shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can buy FSM today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best stock trading app, you need to deposit funds:
Check out the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Research Fortuna Silver Mines stock
After you have selected the best place to buy Fortuna Silver Mines stock, it's crucial to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.
Fortuna Silver Mines Numbers
Fortuna Silver Mines Fundamentals
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on FSM's stock page.
Is FSM stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge FSM's intrinsic value.
Using relative valuations ratios:
- FSM may be undervalued based on its P/B ratio of 1.18x, relative to Gold industry P/B ratio of 1.76x
You can access additional valuation research on FSM's stock here.
FSM Financial Health
Positive Health Checks:
- FSM's operating cash flow of $332.67M allows it to safely service it's debt of $264.25M.
- There are more short-term assets than short-term liabilities on the FSM balance sheet.
- FSM profit margin has gone up from -19.9% to -5.2% in the past year.
Negative Health Checks:
- FSM has a relatively high debt to equity ratio of 0.55.
- There are more long-term liabilities than short-term assets on the FSM balance sheet.
- Total FSM debt is higher than 5 years ago, relative to shareholder equity.
- FSM earnings of $10.74M is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy FSM stock
Out of 2 sell side analysts who give forecasts on FSM, the consensus analyst rating on Fortuna Silver Mines is a Hold
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Fortuna Silver Mines stock forecast page.
FSM Momentum
How is FSM performing as a company?
Last year, FSM revenue was $842.43M. During the past five year, FSM's revenue has grown by 26.19% per year. This was faster than the Gold industry average of 15.96%.
You can analyze FSM's earnings and revenue performance here.
Are FSM insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at FSM have not bought or sold any shares.
Get more info about who owns FSM shares here.
Can I get consistent income from FSM stock?
No, Fortuna Silver Mines doesn't provide an income stream by paying out dividends.
What others are saying about FSM
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your FSM purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in FSM
Now that you own some shares in FSM, you'll want to stay up-to-date on your investment.
Make a watchlist to keep track of your FSM stock.
FSM Feed
How to Buy Stock in Fortuna Silver Mines
To reiterate, here are the 6 steps for buying Fortuna Silver Mines stock:
- Figure out where to buy Fortuna Silver Mines stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Fortuna Silver Mines stock
- Place your FSM purchase
- Monitor your investment in FSM
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Fortuna Silver Mines, click below.
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