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Your prediction
Fortuna Silver Mines Inc. Stock
Pros and Cons of Fortuna Silver Mines Inc. in the next few years
Pros
Cons
Performance of Fortuna Silver Mines Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Fortuna Silver Mines Inc. | - | - | - | - | - | - | - |
| Chesapeake Gold Corp. | 0.830% | 24.675% | 51.899% | -39.623% | 75.824% | -48.248% | -60.331% |
| Bear Creek Mining Corp. | 1.010% | 20.243% | 27.468% | -41.765% | -37.605% | -77.189% | -90.345% |
| Western Copper+gold Corp. | -0.530% | 3.297% | 9.728% | 3.676% | 8.462% | -31.802% | 47.066% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When evaluating the financials of Fortuna Silver Mines (FVITF), a company nestled in the Metals & Mining industry, a mixed picture emerges. Despite some promising aspects, the company is facing significant challenges, particularly related to profitability and debt management. The recent financial statements reveal trends that merit close scrutiny for potential investors or stakeholders.
Total Assets Growth: Over the past three years, Fortuna Silver has seen its total assets grow from approximately $2.02 billion in 2021 to around $1.97 billion in 2023. This slight decline does not entirely overshadow its substantial capital base, which remains indicative of considerable resource availability, crucial for a mining entity.
Current Ratio Management: The current ratio appears manageable, with total current assets at approximately $333 million and current liabilities totaling $244 million as of the end of 2023. This suggests a reasonable liquidity position, enabling the company to cover its short-term obligations without immediate distress.
