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Fortuna Silver Mines (TSE:FVI) Stock Passes Below 200-Day Moving Average - Should You Sell?

Fortuna Silver Mines logo with Basic Materials background

Shares of Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.71 and traded as low as C$6.19. Fortuna Silver Mines shares last traded at C$6.20, with a volume of 916,159 shares.

Fortuna Silver Mines Trading Down 0.5 %

The business has a 50 day moving average of C$6.76 and a two-hundred day moving average of C$6.70. The firm has a market cap of C$1.94 billion, a P/E ratio of -39.25 and a beta of 1.63. The company has a current ratio of 1.51, a quick ratio of 1.15 and a debt-to-equity ratio of 16.12.

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.

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