Fortuna Silver Mines (TSE:FVI – Get Free Report) (NYSE:FSM) had its price objective cut by investment analysts at BMO Capital Markets from C$7.00 to C$6.50 in a research note issued to investors on Friday, BayStreet.CA reports. BMO Capital Markets’ price objective points to a potential upside of 48.74% from the stock’s previous close.
Separately, National Bankshares decreased their price target on shares of Fortuna Silver Mines from C$6.00 to C$5.50 in a research note on Monday, January 22nd.
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Fortuna Silver Mines Price Performance
TSE:FVI opened at C$4.37 on Friday. Fortuna Silver Mines has a 52 week low of C$3.56 and a 52 week high of C$5.61. The company has a quick ratio of 1.15, a current ratio of 2.12 and a debt-to-equity ratio of 21.70. The stock has a market capitalization of C$1.34 billion, a PE ratio of -8.40 and a beta of 1.54. The stock’s 50-day moving average price is C$4.24 and its 200-day moving average price is C$4.33.
Insiders Place Their Bets
In other Fortuna Silver Mines news, Senior Officer Eric Chapman sold 12,100 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of C$5.32, for a total value of C$64,372.00. In related news, Senior Officer Eric Chapman sold 12,100 shares of Fortuna Silver Mines stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of C$5.32, for a total value of C$64,372.00. Also, Senior Officer Luis Dario Ganoza Durant sold 88,000 shares of the business’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of C$3.95, for a total transaction of C$347,600.00. Corporate insiders own 0.78% of the company’s stock.
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 holds interest in the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine located in southern Mexico; the Lindero gold project located in Northern Argentina; Yaramoko gold mine located in south western Burkina Faso; and Séguéla gold mine located in south western Côte d’Ivoire.
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