Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's share price reached a new 52-week high on Tuesday . The stock traded as high as C$6.67 and last traded at C$6.54, with a volume of 605770 shares. The stock had previously closed at C$6.36.
Analysts Set New Price Targets
Several research firms have recently weighed in on FVI. BMO Capital Markets lowered their price objective on shares of Fortuna Silver Mines from C$7.00 to C$6.50 in a research note on Friday, March 8th. National Bankshares reduced their target price on shares of Fortuna Silver Mines from C$5.35 to C$5.00 in a report on Tuesday, March 12th.
Read Our Latest Research Report on FVI
Fortuna Silver Mines Stock Up 2.2 %
The firm has a market cap of C$1.99 billion, a P/E ratio of -12.50 and a beta of 1.55. The company has a debt-to-equity ratio of 20.51, a quick ratio of 1.15 and a current ratio of 1.37. The firm's fifty day moving average is C$4.41 and its 200 day moving average is C$4.48.
Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM last announced its earnings results on Wednesday, March 6th. The company reported C$0.10 EPS for the quarter, missing the consensus estimate of C$0.11 by C($0.01). The company had revenue of C$361.23 million for the quarter. Fortuna Silver Mines had a negative return on equity of 3.39% and a negative net margin of 6.03%. As a group, equities research analysts anticipate that Fortuna Silver Mines Inc. will post 0.1271642 earnings per share for the current fiscal year.
Insider Buying and Selling at Fortuna Silver Mines
In other news, Senior Officer Eric Chapman sold 48,900 shares of the company's stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of C$6.41, for a total transaction of C$313,375.65. Insiders own 0.77% of the company's stock.
About Fortuna Silver Mines
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Fortuna Silver Mines Inc engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire.
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