Fortuna Silver Mines is engaged in precious and base metals mining and related activities in Latin America, including exploration, extraction, and processing. Co. operates the Caylloma silver, lead and zinc mine in southern Peru and the San Jose silver and gold mine in southern Mexico, and is focusing on commercial production at an open pit gold heap leach mine at its Lindero Property in northern Argentina. We show 13 historical shares outstanding datapoints in our FSM shares outstanding history coverage, used to compute FSM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FSM market cap history over the course of time is important for investors
interested in comparing FSM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FSM versus a peer is one thing; comparing
FSM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FSM can fluctuate over the course of history.
With this page we aim to empower investors researching FSM by allowing them to research the FSM market cap history. |
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Video: The Importance of Market Cap
