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Fortuna Silver Mines (TSE:FVI) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Fortuna Silver Mines logo with Basic Materials background

Shares of Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$6.60 and traded as low as C$5.99. Fortuna Silver Mines shares last traded at C$6.04, with a volume of 603,811 shares trading hands.

Fortuna Silver Mines Trading Up 2.2 %

The company has a market capitalization of C$1.93 billion, a P/E ratio of -39.25 and a beta of 1.63. The company has a debt-to-equity ratio of 16.12, a quick ratio of 1.15 and a current ratio of 1.51. The stock has a fifty day moving average of C$6.71 and a 200 day moving average of C$6.59.

Fortuna Silver Mines Company Profile

(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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