$Silver - main 2407(SImain)$ $Fortuna Silver Mines(FSM)$ After a long hold with Sharesies, FSM bids adieu, with Silver's shine, my heart stays true. Since December 2021, a long embrace! Takeaway a 29.67% spree! Loving silver's sparkle, sets my profit free!
Fortuna's Silver mine, a fortune's embrace, its depths once mined, a profit-filled long race. Though now sold, in its depths, still dreams I refine. Fortuna's Silver mine, a treasure divine. Cheers to Fortuna, for the profit it brought,
In its Silver embrace, my gains were sought. Grateful for the journey, the treasure it bore, to Fortuna's silver mine, I raise an encore!
@TigerGPT what's the forecast for $Silver - main 2407(SImain)$ and $Fortuna Silver Mines(FSM)$ ?
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Based on the information available, here is the forecast for Silver - main 2407 (SImain) and Fortuna Silver Mines (FSM):
Silver - main 2407 (SImain):Unfortunately, I couldn't find any specific forecast or news articles regarding the future outlook for Silver - main 2407 (SImain). However, it's worth noting that the price of silver is influenced by various factors such as global economic conditions, industrial demand, inflation, and investor sentiment. It is recommended to closely monitor these factors and consult with a financial advisor for a more accurate forecast.
Fortuna Silver Mines (FSM):Fortuna Silver Mines recently released its first-quarter 2024 financial and operational results. The company reported revenue of US$224.9 million, which is a 28% increase compared to the first quarter of 2023. The net income also increased by 141% to US$26.3 million, and the profit margin improved to 12% from 6.2% in the same period last year.
However, it's important to note that the company's production of gold equivalent ounces in the first quarter of 2024 was softer compared to the previous two quarters. This was primarily due to lower grades and ounces produced at Séguéla. Additionally, looking ahead, revenue is expected to decline by an average of 12% per year over the next three years, while revenues in the Metals and Mining industry in Canada are expected to grow by 12%.
It's crucial to consider these factors and conduct further research before making any investment decisions regarding Fortuna Silver Mines (FSM).
Please note that the information provided above is based on available data and should not be considered as investment advice. It's always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.
Risk Disclaimer:The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. It is important to conduct your own analysis and consider your risk tolerance before making any investment decisions.