Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America.
Fortuna Silver Mines Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$5.16|
|52 Week High||CA$4.90|
|52 Week Low||CA$12.61|
|1 Month Change||-2.46%|
|3 Month Change||-25.33%|
|1 Year Change||-39.37%|
|3 Year Change||-7.86%|
|5 Year Change||-46.58%|
|Change since IPO||10.02%|
Recent News & Updates
|FVI||CA Metals and Mining||CA Market|
Return vs Industry: FVI underperformed the Canadian Metals and Mining industry which returned -6.1% over the past year.
Return vs Market: FVI underperformed the Canadian Market which returned 32.3% over the past year.
Stable Share Price: FVI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FVI's weekly volatility (7%) has been stable over the past year.
About the Company
|1990||1,232||Jorge A. Ganoza Durant||https://www.fortunasilver.com|
Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. Its principal properties include the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; and the Lindero gold project located in Argentina. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005.
Fortuna Silver Mines Fundamentals Summary
|FVI fundamental statistics|
Is FVI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FVI income statement (TTM)|
|Cost of Revenue||US$236.53m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.40|
|Net Profit Margin||17.47%|
How did FVI perform over the long term?See historical performance and comparison
Is Fortuna Silver Mines undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FVI (CA$5.16) is trading below our estimate of fair value (CA$7.79)
Significantly Below Fair Value: FVI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FVI is poor value based on its PE Ratio (16x) compared to the Canadian Metals and Mining industry average (11.1x).
PE vs Market: FVI is poor value based on its PE Ratio (16x) compared to the Canadian market (12.9x).
Price to Earnings Growth Ratio
PEG Ratio: FVI is poor value based on its PEG Ratio (13.1x)
Price to Book Ratio
PB vs Industry: FVI is good value based on its PB Ratio (1.5x) compared to the CA Metals and Mining industry average (2.4x).
How is Fortuna Silver Mines forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FVI's forecast earnings growth (1.2% per year) is below the savings rate (1.5%).
Earnings vs Market: FVI's earnings (1.2% per year) are forecast to grow slower than the Canadian market (12.1% per year).
High Growth Earnings: FVI's earnings are forecast to grow, but not significantly.
Revenue vs Market: FVI's revenue (5.5% per year) is forecast to grow slower than the Canadian market (6.1% per year).
High Growth Revenue: FVI's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FVI's Return on Equity is forecast to be low in 3 years time (8.5%).
How has Fortuna Silver Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FVI has high quality earnings.
Growing Profit Margin: FVI's current net profit margins (17.5%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: FVI has become profitable over the past 5 years, growing earnings by 8.7% per year.
Accelerating Growth: FVI's earnings growth over the past year (6527.1%) exceeds its 5-year average (8.7% per year).
Earnings vs Industry: FVI earnings growth over the past year (6527.1%) exceeded the Metals and Mining industry 116%.
Return on Equity
High ROE: FVI's Return on Equity (9.6%) is considered low.
How is Fortuna Silver Mines's financial position?
Financial Position Analysis
Short Term Liabilities: FVI's short term assets ($255.6M) exceed its short term liabilities ($203.9M).
Long Term Liabilities: FVI's short term assets ($255.6M) exceed its long term liabilities ($108.8M).
Debt to Equity History and Analysis
Debt Level: FVI's debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: FVI's debt to equity ratio has increased from 15% to 20.8% over the past 5 years.
Debt Coverage: FVI's debt is well covered by operating cash flow (87.2%).
Interest Coverage: FVI's interest payments on its debt are well covered by EBIT (45.9x coverage).
What is Fortuna Silver Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FVI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FVI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FVI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FVI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jorge A. Ganoza Durant (51 yo)
Mr. Jorge A. Ganoza Durant, B.Sc. Eng, co-founded Fortuna Silver Mines Inc. (formerly Fortuna Ventures Inc.) in 2004. Mr. Durant has been the Chief Executive Officer and President of Fortuna Silver Mines I...
CEO Compensation Analysis
Compensation vs Market: Jorge A.'s total compensation ($USD2.52M) is about average for companies of similar size in the Canadian market ($USD2.00M).
Compensation vs Earnings: Jorge A.'s compensation has been consistent with company performance over the past year.
Experienced Management: FVI's management team is considered experienced (2.9 years average tenure).
Experienced Board: FVI's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FVI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.4%.
Fortuna Silver Mines Inc.'s employee growth, exchange listings and data sources
- Name: Fortuna Silver Mines Inc.
- Ticker: FVI
- Exchange: TSX
- Founded: 1990
- Industry: Silver
- Sector: Materials
- Market Cap: CA$1.550b
- Shares outstanding: 291.43m
- Website: https://www.fortunasilver.com
Number of Employees
- Fortuna Silver Mines Inc.
- 200 Burrard Street
- Suite 650
- British Columbia
- V6C 3L6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 23:01|
|End of Day Share Price||2021/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.