Shares of Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.92 and traded as high as C$9.15. Fortuna Silver Mines shares last traded at C$8.86, with a volume of 1,330,133 shares trading hands.
Analysts Set New Price Targets
Separately, National Bank Financial raised shares of Fortuna Silver Mines to a "hold" rating in a research note on Friday, March 21st.
Check Out Our Latest Analysis on FVI
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 company's 50 day moving average price is C$8.77 and its 200-day moving average price is C$7.95. The stock has a market cap of C$1.91 billion, a P/E ratio of 76.69 and a beta of 1.63.
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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