Fortuna Silver Mines Inc. (NYSE:FSM) is set to announce third quarter earning results on Thursday 12th November 2020, after market close.
Previous Quarter Performance
Fortuna Silver Mines Inc. outlined loss for the second quarter of $ 0.03 per share, from the revenue of $ 44.48 million. Street analysts expected Fortuna Silver Mines Inc. to report income of $ 0.10 per share on revenue of $ 67.00 million for the second quarter. The bottom line results missed street analysts by $ 0.13 or 130 percent, at the same time, top line results fell short of analysts by $ 22.52 million or 33.61 percent.
Stock Performance
Shares of Fortuna Silver Mines Inc. traded low $ -0.06 or -0.83 percent on Wednesday, reaching $ 7.18 with volume of 2.93 million shares. Fortuna Silver Mines Inc. has traded high as $ 7.29 and has cracked $ 7.03 on the downward trend
The closing price of $ 7.18, representing a 392.52 % increase from the 52 week low of $ 1.47 and a 10.73 % decrease over the 52 week high of $ 8.11.
The company has a market capital of $ 1.32 billion and is part of the Basic Materials sector and Silver industry.
Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. The company explores for silver, gold, lead, and zinc deposits.
