Fortuna Silver Mines (FVI) Trading 3.1% Higher

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Shares of Fortuna Silver Mines Inc (TSE:FVI) (NYSE:FSM) traded up 3.1% during trading on Tuesday . The company traded as high as C$4.62 and last traded at C$4.59. 170,546 shares were traded during mid-day trading, a decline of 44% from the average session volume of 306,035 shares. The stock had previously closed at C$4.45.

A number of analysts have recently commented on the stock. Pi Financial reduced their price target on shares of Fortuna Silver Mines from C$8.65 to C$7.00 and set a “buy” rating for the company in a research note on Friday, September 28th. Canaccord Genuity boosted their target price on shares of Fortuna Silver Mines from C$7.50 to C$8.75 in a research report on Tuesday, January 8th. Finally, CIBC cut their target price on shares of Fortuna Silver Mines from C$8.50 to C$7.50 in a research report on Friday.

The company has a current ratio of 4.43, a quick ratio of 3.83 and a debt-to-equity ratio of 6.97.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last announced its earnings results on Thursday, November 8th. The company reported C$0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.05. The business had revenue of C$77.89 million for the quarter. As a group, equities analysts forecast that Fortuna Silver Mines Inc will post 0.300000013452915 earnings per share for the current year.

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About Fortuna Silver Mines (TSE:FVI)

Fortuna Silver Mines Inc engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. It explores for silver, gold, lead, and zinc deposits. The company holds interests in the Caylloma mine located in southern Peru; and the San Jose mine situated in the state of Oaxaca in southern Mexico.

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