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-0.00396825396825388 -0.00297619047619041 0.00198412698412694 0.00297619047619059 -0.00115079365079361 -0.00496031746031735 -0.00595238095238083 -0.00595238095238083
Stock impact report

Silver Set to Gain as Market Heads for a Deficit: 4 Stocks to Buy [Yahoo! Finance]

Fortuna Silver Mines Inc Ordinary Shares (Canada) (FSM) 
Last fortuna silver mines inc ordinary shares (canada) earnings: 3/11 06:56 pm Check Earnings Report
US:NYSE Investor Relations: fortunasilver.com/investors
Company Research Source: Yahoo! Finance
The metal even broke above the $30 level and notched an 11-year high of $32.57 on May 20. The rally has been fueled by geopolitical uncertainties and increasing bets of U.S. interest rate cuts. Global industrial demand for silver is expected to reach a record high in 2024, mainly driven by photovoltaics, while supply is expected to dip 1%. This suggests that the silver market is headed for a fourth consecutive year of deficit, which is likely to lead to further price appreciation. The Zacks Mining - Silver industry has gained 19.6% year to date against the S&P 500's growth of 7%. Meanwhile, the broader Basic Materials sector has declined 3.7%. We recommend keeping tabs on top-ranked silver mining companies like Fresnillo FNLPF, Fortuna Silver Mines FSM, MAG Silver MAG and Avino Silver & Gold Mines ASM that are expected to benefit from these favorable trends. Image Source: Zacks Investment Research Industrial Demand Poised to Witness Record High in 2024 Per the Silver Institute Show less Read more
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