Fortuna Silver Mines (TSE:FVI) Hits New 1-Year High - Here's What Happened

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 - NYSE: FSM's stock price hit a new 52-week high during trading on Thursday . The company 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 Price Performance

The company has a quick ratio of 1.15, a current ratio of 1.94 and a debt-to-equity ratio of 13.30. The stock has a market cap of C$3.54 billion, a price-to-earnings ratio of 23.06 and a beta of 1.38. The stock has a fifty day moving average of C$9.65 and a two-hundred day moving average of C$8.76.

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.

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