Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Fortuna Silver Mines (FSM – Research Report) and FMC (FMC – Research Report).
Fortuna Silver Mines (FSM)
Fortuna Silver Mines received a Buy rating and a C$5.50 price target from BMO Capital analyst Kevin O’Halloran today. The company’s shares closed last Thursday at $3.52.
According to TipRanks.com, O’Halloran is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortuna Silver Mines with a $4.07 average price target.
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FMC (FMC)
In a report released today, Richard Garchitorena from Wells Fargo maintained a Hold rating on FMC, with a price target of $54.00. The company’s shares closed last Thursday at $53.43, close to its 52-week low of $49.49.
According to TipRanks.com, Garchitorena is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FMC with a $74.93 average price target, a 33.8% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Hold rating on the stock.
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Read More on FSM:
- Fortuna to attend 121 Mining Investment London Conference
- Fortuna Silver Mines reports Q3 EPS 9c, consensus 6c
- Fortuna reports record production and financial results for the third quarter of 2023
- Fortuna brings forward filing time of its third quarter 2023 financial results to before market open on November 8, 2023
- FSM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
