Fortuna Silver Mines Inc. (NYSE:FSM – Get Rating) (TSE:FVI) shares gapped up prior to trading on Monday . The stock had previously closed at $3.18, but opened at $3.34. Fortuna Silver Mines shares last traded at $3.46, with a volume of 1,248,296 shares trading hands.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on FSM shares. StockNews.com cut Fortuna Silver Mines from a “hold” rating to a “sell” rating in a research report on Wednesday, March 8th. BMO Capital Markets reduced their price objective on Fortuna Silver Mines from C$6.50 to C$6.25 in a research report on Tuesday, January 31st. CIBC increased their price objective on Fortuna Silver Mines from C$5.85 to C$6.00 in a research report on Tuesday, February 7th. Finally, National Bank Financial cut their target price on Fortuna Silver Mines from C$6.00 to C$5.75 in a research note on Tuesday, February 14th.
Fortuna Silver Mines Stock Up 0.9 %
The business has a 50 day moving average of $3.56 and a 200 day moving average of $3.23. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.93 and a quick ratio of 1.29. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 25.21 and a beta of 1.25.
Institutional Inflows and Outflows
Fortuna Silver Mines Company Profile
Fortuna Silver Mines, Inc engages in the exploration, extraction and processing of precious and base metal in Latin America. It operates through the following segments: Minera Bateas SAC (Bateas), Compania Minera Cuzcatlan SA de C.V. (Cuzcatian), Mansfield Minera SA (Mansfield), and Corporate. The Beates segment operates the Caylloma silver, lead, and zinc mine.
- Get a free copy of the StockNews.com research report on Fortuna Silver Mines (FSM)
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