Shares of Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$6.75 and traded as high as C$6.76. Fortuna Silver Mines shares last traded at C$6.59, with a volume of 856,402 shares traded.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group lifted their price objective on Fortuna Silver Mines from C$7.50 to C$8.00 in a research note on Tuesday, July 23rd.
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Fortuna Silver Mines Stock Down 0.3 %
The stock has a market cap of C$2.06 billion, a price-to-earnings ratio of -39.25 and a beta of 1.63. The company has a quick ratio of 1.15, a current ratio of 1.51 and a debt-to-equity ratio of 16.12. The business's fifty day moving average is C$6.53 and its two-hundred day moving average is C$6.76.
About Fortuna Silver Mines
(
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Fortuna Silver Mines Inc 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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