FSM NYSE Week ended 31 Jul 2026

Weekly Investor Report

Fortuna Silver Mines Inc · Basic Materials · Gold

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Latest close 8.43 USD
-1.4% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -15.2% below the Trend Line and sits at 29.4% of its 52-week range. The latest completed week returned -1.4%, after a -3.3% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is inexpensive relative to peers. Options positioning is bullish with 43/100 conviction, while the latest news-sentiment score is 61/100. Near-term considerations: earnings are due in 4d.

Setup score 28 out of 100
Latest Close 8.43 USD 31 Jul 2026
1W Return -1.4% latest completed week
4W Return -3.3% short-term follow-through
12W Return -21.7% quarterly tape
Trend Breadth 78.8% 41 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
What is working
  • Price is above Fair Value, showing premium demand versus the model.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Activity pressure is negative, which weakens the current setup.
  • Activity pressure is weak, so confirmation is not yet broad enough.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -1.4% Latest completed week; four-week move -3.3%. Indicator stack 43/24 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Bullish 43/100 conviction; expected move 14.3%. News sentiment 61/100 63 relevant articles in the latest sentiment read. Event risk 4d Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -15.2% below the Trend Line and sits at 29.4% of its 52-week range. The latest completed week returned -1.4%, after a -3.3% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.1x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.1012-week average 0.29

12-week confirmation

Trend active1/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.10Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -3.3% over four weeks, -21.7% over 12 weeks, and 31.9% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-1.4%
4W-3.3%
12W-21.7%
26W-13.8%
52W31.9%
Active trend streak0 weeks
Active weeks in one year41
Trend breadth78.8%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-1.45Latest activity-pressure read.
Pressure change-3.1%Four-week change in activity pressure.
Leadership-17.24Latest relative-leadership reading.
RS change-24.7%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 97% Model confidence 93%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength99/100Blend of value, momentum, and quality. Underlying universe rank 2; rank 1 is best.
Value96/100Relative valuation strength. Underlying universe rank 5; rank 1 is best.
Quality98/100Profitability and accounting quality. Underlying universe rank 3; rank 1 is best.
Momentum74/100Medium-term price momentum. Underlying universe rank 27; rank 1 is best.
Growth97/100Revenue and earnings growth. Underlying universe rank 4; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework97/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
7.6x
Price divided by trailing earnings.
Price / sales
2.4x
Market value relative to trailing revenue.
EV / EBITDA
3.0x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
33.5%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
54.6%
Gross profit retained from each unit of revenue.
Operating margin
50.2%
Operating profit retained from revenue.
Free-cash-flow margin
67.3%
Free cash flow generated from revenue.
Return on invested capital
29.5%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
7.1%
Latest one-year revenue growth.
EPS growth
111.8%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
18.9%
Latest one-year free-cash-flow growth.
Piotroski F-score
7/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
1.2%
Net share repurchases relative to market value.
Shareholder yield
1.2%
Dividend yield plus net buyback yield.
Net debt / EBITDA
-0.6x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBullish

FSM shows bullish options pressure with a 43/100 conviction score, put-call volume ratio of 0.17, expected move of 14.3%, and Sharemaestro trend signal inactive.

Conviction43/100
Expected move14.3%
Put/call volume0.17
Pressure80
Speculation1
Volatility95
Trend agreement0
Open options detail
Insider activity-

No recent insider transactions are stored for this company.

News sentiment61/100

Weighted news tone is neutral across 63 relevant articles.

31 positive · 31 neutral · 1 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings4dNext report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
Options expected move14.3%Nearest-chain priced movement where available.
52-week drawdown-39.1%Distance below the 52-week high.
13-week volatility7.3%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher14 of 2612 weeks finished lower.
Best week+13.5%Week of 8 May.
Worst week-16.7%Week of 20 Mar.
Latest week-1.4%Week of 31 Jul.

Shape of recent returns

Strong gains9
Modest gains5
Flat weeks0
Modest losses3
Sharp losses9
Recent vol7.3%13-week weekly-return volatility.
Base vol8.1%52-week weekly-return volatility.
Up/down split30/22Count of positive and negative weeks in the 52-week window.
Average skew6.3% / -6.6%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape30/100

Trend, activity pressure, participation, and risk combine to a 30/100 tape read.

 Indicator analysis12/100

Latest 12-week confirmation: trend 1/12, activity pressure 0/12, relative leadership 0/12.

Activity pressure 0.10; No reversal markers Factors92/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 29; Small Cap Core rank 13 SVQF97/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 31.5 of 1013 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options43/100

FSM shows bullish options pressure with a 43/100 conviction score, put-call volume ratio of 0.17, expected move of 14.3%, and Sharemaestro trend signal inactive.

Bullish · Call-side pressure · Expected move 14.3% Sentiment61/100

Weighted news tone is neutral across 63 relevant articles.

Fortuna Mining Corp (FSM) Gets a Buy from Scotiabank Insiders50/100

No recent insider transaction evidence is stored.

 Earnings4d

Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 20268.43 USD-1.4%9.94 USD6.18 USD-1.45-17.2428.7MOff
24 Jul 20268.55 USD4.8%9.98 USD6.14 USD-1.51-15.0428.0MOff
17 Jul 20268.16 USD-4.2%10.04 USD6.11 USD-1.49-19.3024.3MOff
10 Jul 20268.52 USD-2.3%10.09 USD6.08 USD-1.41-16.9423.4MOff
3 Jul 20268.72 USD2.5%10.14 USD6.05 USD-1.40-13.8215.1MOff
26 Jun 20268.51 USD-8.1%10.15 USD6.02 USD-1.41-13.9521.2MOff
19 Jun 20269.26 USD3.7%10.21 USD5.98 USD-1.37-8.4425.0MOff
12 Jun 20268.93 USD2.8%10.17 USD5.94 USD-1.37-10.7430.3MOff
5 Jun 20268.69 USD-13.6%10.15 USD5.91 USD-1.19-12.6026.1MOff
29 May 202610.06 USD7.6%10.14 USD5.87 USD-0.93-1.3919.4MOff
22 May 20269.35 USD-2.1%10.08 USD5.83 USD-0.97-6.5821.4MOff
15 May 20269.55 USD-11.2%10.04 USD5.79 USD-0.91-3.4236.7MOn
8 May 202610.76 USD13.5%10.01 USD5.75 USD-0.939.6331.4MOn
1 May 20269.48 USD-7.7%9.95 USD5.71 USD-1.02-0.5021.4MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.