Fortuna Silver Mines Inc.
stock CA:FVI (TORONTO)

Alternative ID: CA3499151080

Watch List

  • Exchange: TORONTO
  • Sector: Utilities
  • Industry: Mining
  • Market Cap: Small (1.51B)
  • Data in CAD
  • EPS: 0.15
  • Current PE: 34.22
  • BVPS: 5.95
  • Price/BVPS: 0.85
  • Dividend: 0.29 / 0.0%
  • Hist Grade: C (62.00)
  • YOY Grade: E (32.40)
  • Debt/FCF: -43.72
  • ROIC: -2.8%
  • PEG: -1.00
  • PEGY: -1.00
  • Value Price: 4.60
  • MOS Price: 2.30
  • MOS %: -8.5%
  • Graham Number: 4.44
  • Graham MOS %: -11.8%
  • IRT: 10.56

Market Price

5.03 

-0.17 -3.3%

as of Dec 15 '22

52 Week Range:

2.82 5.52

Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

  • Exchange: TORONTO
  • Sector: Utilities
  • Industry: Mining
  • Market Cap: Small (1.51B)
  • Inst. Ownership: 37.37%
  • Insider Ownership: 1.09%
  • Full Time Employees: 1232
Fortuna Silver Mines Inc. engages in the acquisition, exploration, and mining of precious and base metal deposits in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It holds interest in the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; the Lindero gold project located in Argentina; Yaramoko gold mine situated in south western Burkina Faso; and Séguéla gold mine located in south western Côte d'Ivoire. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. was incorporated in 1990 and is based in Vancouver, Canada.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement


 

Cash Flow Statement


 

Balance Sheet


 

Liquidity Ratios

Current Ratio

 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Equity (BVPS) 1.85
2.10
2.22
2.42
3.01
3.72
4.16
5.11
4.97
4.89
5.95
growth rate 13.5% 5.7% 9.0% 24.4% 23.6% 11.8% 22.8% -2.7% -1.6% 21.7%
Earnings BIT 42.77
50.45
4.07
34.71
9.69
47.22
101.06
67.73
49.94
73.01
149.92
growth rate 18.0% -91.9% 751.9% -72.1% 387.3% 114.0% -33.0% -26.3% 46.2% 105.3%
Avg.PE 34.97
16.61
-19.88
40.58
99.80
-148.78
16.02
23.33
18.36
74.58
13.69
growth rate -52.5% -100.0% 100.0% 145.9% -100.0% 100.0% 45.6% -21.3% 306.2% -81.6%
ROA 7.59
10.70
-6.18
4.78
-2.91
3.79
10.45
4.55
2.76
2.16
3.76
growth rate 41.0% -100.0% 100.0% -100.0% 100.0% 175.7% -56.5% -39.3% -21.7% 74.1%
ROE 8.99
12.77
-7.46
6.00
-3.95
5.20
13.44
5.83
3.84
3.17
5.51
growth rate 42.1% -100.0% 100.0% -100.0% 100.0% 158.5% -56.6% -34.1% -17.5% 73.8%
ROIC 8.73
12.54
-7.46
6.13
-3.14
4.98
12.36
5.12
3.16
2.61
5.42
growth rate 43.6% -100.0% 100.0% -100.0% 100.0% 148.2% -58.6% -38.3% -17.4% 107.7%
Cur. Ratio 3.71
5.72
4.95
3.57
3.75
2.87
4.50
3.57
1.69
2.57
1.69
growth rate 54.2% -13.5% -27.9% 5.0% -23.5% 56.8% -20.7% -52.7% 52.1% -34.2%
Quick Ratio 3.23
4.76
3.69
2.96
3.36
2.57
4.10
3.15
1.46
2.13
1.08
growth rate 47.4% -22.5% -19.8% 13.5% -23.5% 59.5% -23.2% -53.7% 45.9% -49.3%
Leverage 1.19
1.20
1.22
1.28
1.44
1.33
1.25
1.30
1.47
1.45
1.47
growth rate 0.8% 1.7% 4.9% 12.5% -7.6% -6.0% 4.0% 13.1% -1.4% 1.4%
Balance Sheet Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Acct.Receivable 12.61
23.00
12.89
18.12
6.50
23.96
35.25
29.73
47.84
72.45
73.78
growth rate 82.5% -44.0% 40.5% -64.1% 268.8% 47.1% -15.7% 60.9% 51.4% 1.8%
Acct.Payable 11.00
9.93
10.11
18.18
15.25
13.72
14.10
15.98
31.57
82.53
growth rate -9.8% 1.9% 79.7% -16.1% -10.1% 2.8% 13.3% 97.6% 161.4%
Cur.Assets 97.61
106.00
83.22
114.37
128.04
166.91
272.46
218.92
152.64
248.07
281.08
growth rate 8.6% -21.5% 37.4% 12.0% 30.4% 63.2% -19.7% -30.3% 62.5% 13.3%
Total Assets 302.97
316.00
302.22
350.31
379.65
562.92
706.65
786.52
936.07
1,055.34
2,021.92
growth rate 4.3% -4.4% 15.9% 8.4% 48.3% 25.5% 11.3% 19.0% 12.7% 91.6%
Cash 43.17
59.00
31.70
42.87
72.22
82.48
183.07
90.50
83.40
131.90
107.10
growth rate 36.7% -46.3% 35.2% 68.5% 14.2% 122.0% -50.6% -7.8% 58.1% -18.8%
Inventory 12.61
13.00
15.49
14.94
10.43
13.57
17.75
14.39
14.97
35.27
85.82
growth rate 3.1% 19.1% -3.6% -30.2% 30.1% 30.8% -19.0% 4.1% 135.7% 143.3%
Cur.Liabilities 26.33
19.00
16.82
32.02
34.15
58.11
60.60
61.33
89.77
96.44
166.77
growth rate -27.8% -11.5% 90.4% 6.7% 70.2% 4.3% 1.2% 46.4% 7.4% 72.9%
Liabilities 48.30
52.00
54.56
77.60
115.49
139.76
143.06
183.71
300.64
329.57
592.35
growth rate 7.7% 4.9% 42.2% 48.8% 21.0% 2.4% 28.4% 63.7% 9.6% 79.7%
LT Debt 3.12
0.22
0.00
39.49
39.77
39.87
69.30
146.54
158.62
157.49
growth rate -92.9% -100.0% 0.7% 0.3% 73.8% 111.4% 8.2% -0.7%
Equity 254.67
295.05
247.66
272.71
264.17
423.15
563.58
602.80
635.43
725.77
1,375.15
growth rate 15.9% -16.1% 10.1% -3.1% 60.2% 33.2% 7.0% 5.4% 14.2% 89.5%
Common Shares 125.00
125.00
127.00
128.00
129.00
138.00
158.00
420.47
422.15
492.31
1,079.75
growth rate 0.0% 1.6% 0.8% 0.8% 7.0% 14.5% 166.1% 0.4% 16.6% 119.3%
Cash Flow Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Capital Expenditures 85.45
45.00
60.51
38.94
57.13
40.23
47.63
146.09
241.02
93.03
152.29
growth rate -47.3% 34.5% -35.6% 46.7% -29.6% 18.4% 206.7% 65.0% -61.4% 63.7%
Cash Dividends 0.00 0.00
growth rate
Cash From OA 39.04
54.00
44.95
60.19
54.77
52.70
70.20
83.46
60.15
93.39
147.14
growth rate 38.3% -16.8% 33.9% -9.0% -3.8% 33.2% 18.9% -27.9% 55.3% 57.6%
FCF per Share -0.37
0.07
-0.18
0.25
0.02
-0.06
0.18
0.14
-0.68
-0.53
0.07
growth rate 100.0% -100.0% 100.0% -92.0% -100.0% 100.0% -22.2% -100.0% 0.0% 100.0%
Sale Purchase of Stock 0.71
8.46
2.03
10.03
76.69
growth rate 1,096.3% -76.1% 394.8% 665.0%
FCF -41.00
9.00
-16.00
21.00
-2.00
12.00
23.00
-14.00
-161.00
-21.00
-5.00
growth rate 100.0% -100.0% 100.0% -100.0% 100.0% 91.7% -100.0% 0.0% 0.0% 0.0%
Income Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Sales 122.82
161.00
137.39
174.01
154.73
210.26
268.11
263.30
257.19
278.97
599.85
growth rate 31.1% -14.7% 26.7% -11.1% 35.9% 27.5% -1.8% -2.3% 8.5% 115.0%
Op.Income 42.50
31.00
4.07
34.71
9.69
47.22
101.06
67.73
49.94
73.01
149.92
growth rate -27.1% -86.9% 751.9% -72.1% 387.3% 114.0% -33.0% -26.3% 46.2% 105.3%
IBT 42.72
50.42
-9.97
32.88
-3.22
47.11
104.95
67.34
43.97
58.96
107.18
growth rate 18.0% -100.0% 100.0% -100.0% 100.0% 122.8% -35.8% -34.7% 34.1% 81.8%
Net Income 21.75
31.00
-19.10
15.60
-10.61
17.86
66.31
33.99
23.80
21.55
57.88
growth rate 42.5% -100.0% 100.0% -100.0% 100.0% 271.3% -48.7% -30.0% -9.4% 168.5%
EPS 0.16
0.25
-0.15
0.12
-0.08
0.13
0.42
0.21
0.14
0.12
0.23
growth rate 56.3% -100.0% 100.0% -100.0% 100.0% 223.1% -50.0% -33.3% -14.3% 91.7%
Gross Profit 68.05
71.00
41.71
60.13
43.65
80.33
108.58
96.17
84.58
110.22
205.48
growth rate 4.3% -41.3% 44.2% -27.4% 84.0% 35.2% -11.4% -12.1% 30.3% 86.4%

Quarterly Statements

Item Name Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Earnings BIT 37.19
31.75
38.99
43.68
16.23
growth rate -14.6% 22.8% 12.0% -62.9%
Balance Sheet Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Acct.Receivable 69.02
64.67
73.78
84.95
68.70
growth rate -6.3% 14.1% 15.1% -19.1%
Acct.Payable 30.24
84.63
82.53
72.90
67.49
growth rate 179.9% -2.5% -11.7% -7.4%
Cur.Assets 255.60
288.79
281.08
301.46
287.75
growth rate 13.0% -2.7% 7.3% -4.6%
Total Assets 1,083.20
2,002.14
2,021.92
2,060.39
2,059.99
growth rate 84.8% 1.0% 1.9% 0.0%
Cash 121.79
135.77
107.10
110.37
116.13
growth rate 11.5% -21.1% 3.1% 5.2%
Inventory 52.62
71.33
85.82
91.28
86.20
growth rate 35.6% 20.3% 6.4% -5.6%
Cur.Liabilities 203.92
299.89
166.77
145.56
127.23
growth rate 47.1% -44.4% -12.7% -12.6%
Liabilities 312.70
588.32
592.35
604.24
607.84
growth rate 88.1% 0.7% 2.0% 0.6%
LT Debt 39.56
44.71
157.49
198.01
218.60
growth rate 13.0% 252.3% 25.7% 10.4%
Equity 770.50
1,360.36
1,375.15
1,400.81
1,397.47
growth rate 76.6% 1.1% 1.9% -0.2%
Common Shares 496.94
1,079.24
1,079.75
1,081.11
1,079.26
growth rate 117.2% 0.1% 0.1% -0.2%
Cash Flow Statement Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Capital Expenditures 19.70
53.01
62.06
64.99
57.18
growth rate 169.1% 17.1% 4.7% -12.0%
Cash Dividends
growth rate
Cash From OA 29.55
39.38
57.07
33.24
47.43
growth rate 33.3% 44.9% -41.8% 42.7%
Sale Purchase of Stock
growth rate
FCF 9.85
-13.63
-4.99
-31.75
-9.75
growth rate -100.0% 0.0% 0.0% 0.0%
Income Statement Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Sales 120.53
162.57
198.94
182.33
167.87
growth rate 34.9% 22.4% -8.4% -7.9%
Op.Income 37.19
31.75
38.99
43.68
16.23
growth rate -14.6% 22.8% 12.0% -62.9%
IBT 28.23
9.09
30.18
33.76
15.27
growth rate -67.8% 232.2% 11.8% -54.8%
Net Income 16.18
-0.45
15.75
26.07
2.33
growth rate -100.0% 100.0% 65.5% -91.1%
EPS
growth rate
Gross Profit 48.47
47.35
58.35
63.50
32.54
growth rate -2.3% 23.2% 8.8% -48.8%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

C (62.00)

YOY Growth Grade:

E (32.40)

Click on buttons above for detailed yearly growth rates.

Market Ratios

  • Dividend Yield: 0.0%

  • Beta: 1.21

    Beta of 1.2109 suggests that the asset is more volatile than the rest of the market.

  • PE: 34.22

  • EY: 2.9%

  • PEG: -1.00

    PEG Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.

  • PEGY: -1.00

    PEGY Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.

  • Price/BVPS: 0.85

    Price to BVPS Ratio of 0.85 suggests that stock is undervalued.

Profitability Ratios

  • ROE: 5.5%

    Return on Equity (ROE) of 5.5% suggests that a company may not be able to fund future growth from within.

  • ROS: 25.0%

    The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.

  • ROA: 5.3%

    Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.

  • ROI: 7.8%

    Return on Investment (ROI) of 7.8% suggests that management is inefficient or it could reflect a highly capitalized, conservatively operated business with little long term debt.

  • ROIC: -2.8%

    Return on Invested Capital (ROIC) of -2.8% suggests that a company may not be able to fund future growth from within.

Liquidity Ratios

  • Current Ratio: 1.69

    Current Ratio of 1.69 suggests that a company may not be able to pay off bills as rapidly as it should.

  • Quick Ratio: 1.08

    Quick Ratio of 1.08 suggests that a company is doing well.

  • Cash Turnover: 5.25

    Turnover Of Cash Ratio of 5.25 suggests that a company is doing well.

  • Equity Ratio: 68.0%

    Equity Ratio of 68.0% suggests that a large percent of the company's assets financed by shareholder equity, which is good.

  • Debt/Equity: 43.1%

    Debt to Equity Ratio of 43.1% suggests that a company is doing well.

  • Debt/FCF: -43.72

    Debt/FCF of -43.72 suggests that a company has a negative Free Cash Flow and probably will not be able to pay off its long term debt.

Efficiency Ratios

  • Avg Collection Period: 44.89

    Average Collection Period of 44.89 days suggests that a company is doing well.

  • Inventory Turnover: 4.60

    Inventory Turnover Ratio of 4.60 suggests a company is doing OK, but faster turnovers are generally viewed as a positive trend.

  • Cash Flow Ratio: 1.93

    Cash Flow Ratio of 1.93 suggests a company is doing OK, but lower inventory is generally viewed as a positive trend.

  • Profit Margin: 9.7%

Value Price

PE and EPS

Historical Current Forward
PE 35.31 34.22 6.11
EPS / Growth -6.8% 0.15

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 33.8%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 1.0% 17.4% 17.4%
Future PE 2.00 25.42 25.42
Future EPS 0.16 0.73 0.73
Value Price
MOS %		 0.08
-98.4% 		4.60
-8.5% 		4.60
-8.5%
MOS Price 0.04 2.30 2.30
IRT 29.32 11.22 11.22

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

  • Graham Number: 4.44
  • Graham MOS: -11.8%

Price Chart

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