Fortuna Silver Mines Inc. (
TSE:FVI -
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NYSE: FSM shares were down 9.1% during mid-day trading on Thursday . The stock traded as low as C$8.72 and last traded at C$8.84. Approximately 713,183 shares changed hands during trading, a decline of 28% from the average daily volume of 986,415 shares. The stock had previously closed at C$9.72.
Fortuna Silver Mines Price Performance
The firm has a market cap of C$1.91 billion, a price-to-earnings ratio of 76.60 and a beta of 1.63. The stock has a 50-day moving average of C$9.13 and a two-hundred day moving average of C$8.21. The company has a current ratio of 1.94, a quick ratio of 1.15 and a debt-to-equity ratio of 13.30.
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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