Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's share price hit a new 52-week high during trading on Wednesday . The company traded as high as C$8.97 and last traded at C$8.73, with a volume of 869437 shares changing hands. The stock had previously closed at C$8.50.
Analyst Upgrades and Downgrades
Several analysts recently commented on the stock. National Bank Financial upgraded shares of Fortuna Silver Mines to a "hold" rating in a research report on Friday, March 21st. Cibc World Mkts downgraded shares of Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 18th. Finally, CIBC lowered Fortuna Silver Mines from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from C$8.00 to C$7.00 in a report on Tuesday, February 18th.
Check Out Our Latest Analysis on Fortuna Silver Mines
Fortuna Silver Mines Stock Performance
The company has a market cap of C$1.93 billion, a PE ratio of 77.75 and a beta of 1.63. The company has a debt-to-equity ratio of 13.30, a quick ratio of 1.15 and a current ratio of 1.94. The stock's 50-day simple moving average is C$7.25 and its 200 day simple moving average is C$6.79.
Fortuna Silver Mines Company Profile
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Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d'Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d'Ivoire.
Further Reading
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