Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$7.40 and traded as high as C$9.40. Fortuna Silver Mines shares last traded at C$9.22, with a volume of 1,186,675 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. CIBC lowered Fortuna Silver Mines from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from C$8.00 to C$7.00 in a research report on Tuesday, February 18th. Cibc World Mkts cut Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 18th. Finally, National Bank Financial upgraded Fortuna Silver Mines to a "hold" rating in a report on Friday, March 21st.
View Our Latest Stock Report on Fortuna Silver Mines
Fortuna Silver Mines Price Performance
The stock has a market cap of C$2.23 billion, a P/E ratio of 89.73 and a beta of 1.63. The company has a 50 day simple moving average of C$8.30 and a 200 day simple moving average of C$7.40. The company has a current ratio of 1.94, a quick ratio of 1.15 and a debt-to-equity ratio of 13.30.
Fortuna Silver Mines Company Profile
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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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