Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.51 and traded as high as C$9.63. Fortuna Silver Mines shares last traded at C$9.36, with a volume of 695,701 shares traded.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on FVI. National Bank Financial upgraded shares of Fortuna Silver Mines to a "hold" rating in a research note on Friday, March 21st. CIBC lowered shares of Fortuna Silver Mines from a "neutral" rating to an "underperform" rating and cut their price target for the stock from C$8.00 to C$7.00 in a research note on Tuesday, February 18th. Finally, Cibc World Mkts lowered shares of Fortuna Silver Mines from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 18th.
Check Out Our Latest Report on Fortuna Silver Mines
Fortuna Silver Mines Price Performance
The stock has a fifty day moving average of C$8.52 and a 200-day moving average of C$7.56. 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 stock has a market capitalization of C$2.05 billion, a price-to-earnings ratio of 82.46 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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