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

Key Points

• Fortuna Silver Mines shares reached a new 52-week high of C$12.42, last trading at C$12.28 with a volume of 327,407 shares.
• The company has a market capitalization of C$3.75 billion and operates multiple mining facilities across Latin America and Africa.
• Fortuna's debt-to-equity ratio is notably high at 13.30, indicating substantial leverage compared to its equity.

Shares of Fortuna Silver Mines Inc. (TSE:FVI - NYSE: FSM hit a new 52-week high on Monday . The company traded as high as C$12.42 and last traded at C$12.28, with a volume of 327407 shares changing hands. The stock had previously closed at C$12.08.

Fortuna Silver Mines Trading Up 1.2%

The stock has a market cap of C$3.75 billion, a PE ratio of 24.46 and a beta of 1.38. The business has a 50-day moving average of C$10.25 and a 200 day moving average of C$9.19. The company has a debt-to-equity ratio of 13.30, a quick ratio of 1.15 and a current ratio of 1.94.

About Fortuna Silver Mines

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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