Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's share price reached a new 52-week high during trading on Friday . The stock traded as high as C$9.18 and last traded at C$8.90, with a volume of 183493 shares. The stock had previously closed at C$8.69.
Wall Street Analysts Forecast Growth
FVI has been the subject of a number of analyst reports. CIBC downgraded shares of Fortuna Silver Mines from a "neutral" rating to an "underperform" rating and cut their price objective for the stock from C$8.00 to C$7.00 in a research report on Tuesday, February 18th. Cibc World Mkts downgraded Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 18th. Finally, National Bank Financial upgraded shares of Fortuna Silver Mines to a "hold" rating in a research report on Friday, March 21st.
Check Out Our Latest Research Report on Fortuna Silver Mines
Fortuna Silver Mines Trading Down 0.3 %
The business's 50-day simple moving average is C$7.68 and its 200-day simple moving average is C$7.00. The company has a market cap of C$1.99 billion, a price-to-earnings ratio of 79.97 and a beta of 1.63. The company has a debt-to-equity ratio of 13.30, a current ratio of 1.94 and a quick ratio of 1.15.
About Fortuna Silver Mines
(
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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.
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