David Whittle Sells 5,421 Shares of Fortuna Silver Mines Inc. (TSE:FVI) Stock

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) Senior Officer David Whittle sold 5,421 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of C$4.91, for a total value of C$26,617.11.

Fortuna Silver Mines Stock Down 0.2 %

Shares of TSE FVI opened at C$6.30 on Wednesday. The stock has a market cap of C$1.93 billion, a PE ratio of -27.39 and a beta of 1.66. The business has a fifty day moving average of C$4.68 and a two-hundred day moving average of C$4.60. Fortuna Silver Mines Inc. has a 52-week low of C$3.56 and a 52-week high of C$6.80. The company has a debt-to-equity ratio of 20.51, a quick ratio of 1.15 and a current ratio of 1.37.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last issued its quarterly earnings data on Wednesday, March 6th. The company reported C$0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). The company had revenue of C$361.23 million for the quarter. Fortuna Silver Mines had a negative net margin of 6.03% and a negative return on equity of 3.39%. As a group, equities research analysts expect that Fortuna Silver Mines Inc. will post 0.1223118 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on FVI shares. National Bankshares reduced their target price on Fortuna Silver Mines from C$5.35 to C$5.00 in a research report on Tuesday, March 12th. BMO Capital Markets reduced their target price on Fortuna Silver Mines from C$7.00 to C$6.50 in a research report on Friday, March 8th. Finally, CIBC raised their target price on Fortuna Silver Mines from C$7.00 to C$8.00 in a research report on Monday.

Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire.