Fortuna Silver Mines (TSE:FVI) Sets New 12-Month High - Here's What Happened

Key Points

• Fortuna Silver Mines Inc. (TSE:FVI) reached a new 52-week high of C$11.13 during trading, closing at C$10.75 with a volume of over 1.5 million shares.
• The company has a market capitalization of C$3.30 billion and a PE ratio of 21.50, indicating a solid financial position.
• Fortuna operates multiple mining projects across several countries including Argentina, Mexico, and Peru, focusing on both precious and base metals.

Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM shares reached a new 52-week high during trading on Thursday . The company traded as high as C$11.13 and last traded at C$10.75, with a volume of 1502413 shares. The stock had previously closed at C$10.71.

Fortuna Silver Mines Stock Performance

The stock has a 50-day simple moving average of C$9.58 and a 200 day simple moving average of C$8.73. 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 company has a market capitalization of C$3.26 billion, a PE ratio of 21.22 and a beta of 1.38.

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.