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Fortuna Silver Mines (TSE:FVI) Shares Pass Below Two Hundred Day Moving Average - Here's What Happened

Fortuna Silver Mines logo with Basic Materials background

Shares of Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.58 and traded as low as C$6.39. Fortuna Silver Mines shares last traded at C$6.46, with a volume of 924,733 shares.

Fortuna Silver Mines Price Performance

The company has a current ratio of 1.51, a quick ratio of 1.15 and a debt-to-equity ratio of 16.12. The stock has a market capitalization of C$2.02 billion, a PE ratio of -39.25 and a beta of 1.63. The business has a fifty day moving average price of C$6.62 and a 200-day moving average price of C$6.58.

About Fortuna Silver Mines

(Get Free Report)

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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