Public Employees Retirement System of Ohio purchased a new position in shares of Fortuna Silver Mines Inc. (NYSE:FSM - Free Report) TSE: FVI in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 379,141 shares of the basic materials company's stock, valued at approximately $1,765,000. Public Employees Retirement System of Ohio owned 0.12% of Fortuna Silver Mines as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Van ECK Associates Corp increased its stake in Fortuna Silver Mines by 2.6% during the 3rd quarter. Van ECK Associates Corp now owns 30,563,833 shares of the basic materials company's stock worth $141,511,000 after buying an additional 788,703 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Fortuna Silver Mines by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 6,107,298 shares of the basic materials company's stock worth $29,865,000 after acquiring an additional 346,008 shares in the last quarter. D. E. Shaw & Co. Inc. increased its position in shares of Fortuna Silver Mines by 165.9% during the second quarter. D. E. Shaw & Co. Inc. now owns 5,557,376 shares of the basic materials company's stock worth $27,176,000 after acquiring an additional 3,467,562 shares during the period. Acadian Asset Management LLC increased its position in shares of Fortuna Silver Mines by 12,560.3% during the second quarter. Acadian Asset Management LLC now owns 5,418,611 shares of the basic materials company's stock worth $26,456,000 after acquiring an additional 5,375,811 shares during the period. Finally, Renaissance Technologies LLC raised its stake in shares of Fortuna Silver Mines by 94.9% in the second quarter. Renaissance Technologies LLC now owns 5,147,900 shares of the basic materials company's stock valued at $25,173,000 after acquiring an additional 2,507,249 shares in the last quarter. 33.80% of the stock is owned by institutional investors and hedge funds.
Fortuna Silver Mines Stock Down 0.2 %
NYSE:FSM traded down $0.01 during midday trading on Thursday, reaching $4.32. The company had a trading volume of 9,062,518 shares, compared to its average volume of 6,596,494. The stock's fifty day simple moving average is $4.84 and its 200-day simple moving average is $4.82. The company has a current ratio of 1.94, a quick ratio of 1.37 and a debt-to-equity ratio of 0.12. Fortuna Silver Mines Inc. has a 12-month low of $2.63 and a 12-month high of $6.36. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 54.01 and a beta of 1.55.
About Fortuna Silver Mines
(
Free Report)
Fortuna Mining Corp. 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.
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