Fortuna Silver Mines (TSE:FVI – Get Free Report) (NYSE:FSM) had its target price lifted by investment analysts at BMO Capital Markets from C$6.50 to C$8.00 in a research note issued to investors on Thursday, BayStreet.CA reports. BMO Capital Markets’ price objective points to a potential upside of 12.52% from the stock’s current price.
Other analysts have also issued research reports about the company. CIBC upped their target price on Fortuna Silver Mines from C$7.00 to C$8.00 in a report on Monday, April 15th. National Bankshares lowered their price objective on shares of Fortuna Silver Mines from C$7.75 to C$7.50 in a research note on Friday, April 19th. Finally, Canaccord Genuity Group upped their price target on shares of Fortuna Silver Mines from C$6.00 to C$7.50 in a report on Tuesday, April 23rd.
Fortuna Silver Mines Stock Performance
TSE:FVI opened at C$7.11 on Thursday. The firm’s fifty day simple moving average is C$5.65 and its 200-day simple moving average is C$4.91. The company has a quick ratio of 1.15, a current ratio of 1.37 and a debt-to-equity ratio of 20.51. The stock has a market cap of C$2.17 billion, a PE ratio of -30.91 and a beta of 1.66. Fortuna Silver Mines has a fifty-two week low of C$3.56 and a fifty-two week high of C$7.17.
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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). The company had revenue of C$361.23 million during the quarter. Fortuna Silver Mines had a negative net margin of 6.03% and a negative return on equity of 3.39%. Analysts expect that Fortuna Silver Mines will post 0.1371267 earnings per share for the current fiscal year.
Insider Activity at Fortuna Silver Mines
In other news, Senior Officer Eric Chapman sold 48,900 shares of the business’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 value of C$313,375.65. In other news, Senior Officer Eric Chapman sold 48,900 shares of Fortuna Silver Mines stock in a transaction on Monday, April 8th. The stock was sold at an average price of C$6.41, for a total value of C$313,375.65. Also, Senior Officer David Whittle sold 5,421 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of C$4.91, for a total value of C$26,617.11. Corporate insiders own 0.77% of the company’s stock.
Fortuna Silver Mines Company Profile
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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