Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's share price rose 5% during mid-day trading on Friday . The company traded as high as C$6.97 and last traded at C$6.95. Approximately 109,847 shares were traded during trading, a decline of 86% from the average daily volume of 795,958 shares. The stock had previously closed at C$6.62.
Analyst Upgrades and Downgrades
FVI has been the topic of a number of recent analyst reports. CIBC lowered Fortuna Silver Mines from a "neutral" rating to an "underperform" rating and cut their target price for the stock from C$8.00 to C$7.00 in a research report on Tuesday, February 18th. Cibc World Mkts lowered Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a research report on Tuesday, February 18th.
Get Our Latest Report on FVI
Fortuna Silver Mines Stock Up 6.6 %
The company has a debt-to-equity ratio of 13.30, a current ratio of 1.94 and a quick ratio of 1.15. The firm has a market cap of C$1.56 billion, a PE ratio of 62.66 and a beta of 1.63. The business has a fifty day moving average price of C$6.68 and a two-hundred day moving average price of C$6.59.
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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