Shares of Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.62 and traded as high as C$9.43. Fortuna Silver Mines shares last traded at C$9.14, with a volume of 4,142,021 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial raised Fortuna Silver Mines to a "hold" rating in a research note on Friday, March 21st.
Check Out Our Latest Stock Report on Fortuna Silver Mines
Fortuna Silver Mines Stock Down 2.3%
The company has a market capitalization of C$1.96 billion, a price-to-earnings ratio of 78.91 and a beta of 1.63. The company has a current ratio of 1.94, a quick ratio of 1.15 and a debt-to-equity ratio of 13.30. The firm's 50 day simple moving average is C$8.58 and its 200-day simple moving average is C$7.64.
About Fortuna Silver Mines
(
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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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