Fortuna Silver Mines (TSE:FVI) Reaches New 12-Month High - Should You Buy?

Key Points

• Fortuna Silver Mines Inc. (TSE:FVI) reached a new 52-week high of C$11.29 during trading, closing at C$11.23 with a trading volume of 324,932 shares.
• The company's current financial metrics include a market cap of C$3.54 billion and a debt-to-equity ratio of 13.30, indicating a solid financial foundation despite its expanding operations in multiple countries.
• Fortuna operates several key mining sites across Argentina, Burkina Faso, Mexico, Peru, and Cote d'Ivoire, highlighting its extensive global presence in the precious and base metal sectors.

Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's stock price reached a new 52-week high on Thursday . The stock traded as high as C$11.29 and last traded at C$11.23, with a volume of 324932 shares changing hands. The stock had previously closed at C$10.94.

Fortuna Silver Mines Stock Down 3.7%

The company has a fifty day moving average of C$9.80 and a two-hundred day moving average of C$8.90. The company has a market cap of C$3.35 billion, a PE ratio of 21.80 and a beta of 1.38. The company has a debt-to-equity ratio of 13.30, a quick ratio of 1.15 and a current ratio of 1.94.

Fortuna Silver Mines Company Profile

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.