Eric Chapman Sells 12,195 Shares of Fortuna Silver Mines Inc. (TSE:FVI) Stock

Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM Senior Officer Eric Chapman sold 12,195 shares of the business's stock in a transaction dated Friday, May 17th. The shares were sold at an average price of C$7.74, for a total transaction of C$94,389.30.

Eric Chapman also recently made the following trade(s):

• On Monday, April 8th, Eric Chapman sold 48,900 shares of Fortuna Silver Mines stock. The shares were sold at an average price of C$6.41, for a total value of C$313,375.65.

Fortuna Silver Mines Stock Up 7.4 %

Shares of FVI stock traded up C$0.55 during trading hours on Friday, reaching C$7.94. The company had a trading volume of 1,350,861 shares, compared to its average volume of 702,931. The company has a debt-to-equity ratio of 20.51, a current ratio of 1.37 and a quick ratio of 1.15. The company has a market cap of C$2.43 billion, a price-to-earnings ratio of -34.30 and a beta of 1.66. Fortuna Silver Mines Inc. has a 12 month low of C$3.56 and a 12 month high of C$7.95. The business has a fifty day simple moving average of C$5.89 and a 200-day simple moving average of C$5.00.

Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM last issued 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). Fortuna Silver Mines had a negative return on equity of 3.39% and a negative net margin of 6.03%. The company had revenue of C$361.23 million during the quarter. On average, research analysts expect that Fortuna Silver Mines Inc. will post 0.1371267 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FVI has been the topic of several research analyst reports. Canaccord Genuity Group raised their price objective on Fortuna Silver Mines from C$6.00 to C$7.50 in a research note on Tuesday, April 23rd. BMO Capital Markets raised their price target on Fortuna Silver Mines from C$6.50 to C$8.00 in a research note on Thursday, May 9th. National Bankshares upped their target price on shares of Fortuna Silver Mines from C$7.75 to C$9.00 and gave the company a "sector perform" rating in a report on Friday. Finally, CIBC increased their price target on shares of Fortuna Silver Mines from C$7.00 to C$8.00 in a report on Monday, April 15th.

About Fortuna Silver Mines

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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