Fortuna Silver Mines (FSM) closed at $4.77 in the latest trading session, marking a -0.21% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.02%. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 2.03%.Shares of the silver and gold miner witnessed a gain of 28.15% over the previous month, beating the performance of the Basic Materials sector with its loss of 1.66% and the S&P 500's loss of 3.15%.The investment community will be paying close att ...

The Driehaus strategy applies the “buy high and sell higher" theory, which is a successful investment approach that helped Richard Driehaus earn a place in Barron’s All-Century Team. The Driehaus strategy can be applied to choose the best momentum stocks.To that end, stocks like Stride (LRN) , PACCAR (PCAR) and Fortuna Silver Mines (FSM) have been selected as the momentum picks for the day using the Driehaus strategy.A Detailed Look Into the Driehaus StrategyRegarding the strategy, Driehaus once said: “I wo ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will release its unaudited financial statements and MD&A for the first quarter on Tuesday, May 7, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Wednesday, May 8, 2024, at 9:00 a.m. Pacific Time | 12:00 p.m. Eastern Time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial ...

VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) announces that it will release its unaudited financial statements and MD&A for the first quarter on Tuesday, May 7, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Wednesday, May 8, 2024, at 9:00 a.m. Pacific Time | 12:00 p.m. Eastern Time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial O ...

VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) is pleased to provide an update on its Yessi vein exploration program at the San Jose Mine in Mexico. Paul Weedon, Senior Vice President of Exploration, commented, "Drilling on the Yessi vein, since the initial discovery hole in August 2023, has continued to establish a well-defined system, with recent results such as 1,327 g/t Ag Eq over an estimated true width of 3.0 meters from 604.85 meters in ...

Key PointsGold prices spiked to all-time highs at 2,420 on April 12, causing silver prices to rally.Silver tends to be more volatile than gold and is nowhere near its all-time high.Pan American Silver and Fortuna Silver Mines are two companies to keep watching as silver prices rise.5 stocks we like better than Pan American SilverGold has been making all-time highs, reaching an all-time high of $2,430 per ounce on Apr. 12, 2024. The latest surge stems from tensions in the Middle East (as warnings of an immin ...

Diy13/iStock via Getty Images The Green Dream is alive and well as the push to achieve Carbon Zero continues to dominate the air waves as a front-runner for environmental issues. Part of the solution for a cleaner environment is the switch to Electric Vehicles, the installation of solar panels etc. Along with a myriad of industrial uses such as photography, medicine, water purification and jewelry, the demand for silver is rising, which in turn puts pressure of silver prices. There is also the possibili ...

Fortuna Silver Mines Inc. (FSM) produced 112,543 gold equivalent ounces in the first quarter of 2024, which marked a 20% increase from the year-ago quarter.  This includes a gold production of 89,678 ounces and a silver production of 1.1 million ounces. Gold output marked a 49% year-over-year increase, while silver production was down 32%.Mine Performances in Q1FSM currently has five operating mines in its portfolio. The Séguéla mine, located in Côte d´Ivoire, contributed 34,556 ounces of gold in the first ...

Shares of Fortuna Silver Mines Inc. (FSM) scaled a new 52-week high of $4.76 on Apr 5, before closing the session a tad lower at $4.71. The company’s share price boosted as gold prices hit record levels due to multiple factors like U.S. interest rate cut bets, geopolitical tensons, speculative buying and central bank purchases.FSM has a market capitalization of $1.44 billion and carries a Zacks Rank #3 (Hold) at present.Shares of Fortuna Silver have risen 31.9% in the past three months compared with the ind ...