Fortuna Silver Mines Inc (NYSE:FSM) (TSE:FVI) shares hit a new 52-week high and low during trading on Monday . The stock traded as low as $5.75 and last traded at $5.65, with a volume of 607984 shares traded. The stock had previously closed at $5.61.
FSM has been the subject of several research reports. Zacks Investment Research lowered shares of Fortuna Silver Mines from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. TheStreet upgraded shares of Fortuna Silver Mines from a “c+” rating to a “b” rating in a report on Wednesday, March 21st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Fortuna Silver Mines has a consensus rating of “Hold” and an average target price of $5.88.
The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.20 and a current ratio of 4.50. The firm has a market capitalization of $895.56, a P/E ratio of 18.15 and a beta of -0.05.
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About Fortuna Silver Mines
Fortuna Silver Mines Inc engages in the exploration, extraction, and processing of mineral properties in Latin America. The company explores for silver, gold, lead, and zinc deposits. It holds interests in the Caylloma mine located in southern Peru; and the San Jose mine located in the State of Oaxaca in southern Mexico, as well as develops the Lindero gold project situated in northwestern Argentina.
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