Fortuna Silver Mines Inc. (TSE:FVI) Receives Average Rating of “Hold” from Analysts – MarketBeat

Fortuna Silver Mines logoShares of Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) have received an average rating of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$6.88.

A number of equities analysts have recently weighed in on FVI shares. raised shares of Fortuna Silver Mines from a “sell” rating to a “hold” rating in a research report on Friday, November 19th. Pi Financial lowered shares of Fortuna Silver Mines from a “buy” rating to a “neutral” rating in a research report on Friday, November 12th. BMO Capital Markets upgraded shares of Fortuna Silver Mines from a “market perform” rating to an “outperform” rating and boosted their target price for the company from C$5.75 to C$7.25 in a report on Tuesday, December 21st. National Bank Financial lowered their target price on shares of Fortuna Silver Mines to C$7.00 and set a “sector perform” rating for the company in a report on Friday, September 10th. Finally, CIBC lowered their target price on shares of Fortuna Silver Mines from C$7.75 to C$6.00 in a report on Wednesday, November 24th.

In other Fortuna Silver Mines news, Senior Officer Juan Manuel Ruiz-Conejo acquired 8,500 shares of the firm’s stock in a transaction on Friday, December 3rd. The stock was bought at an average cost of C$4.13 per share, for a total transaction of C$35,105.00. Following the completion of the purchase, the insider now directly owns 215,795 shares in the company, valued at C$891,233.35.

TSE:FVI opened at C$4.77 on Thursday. The firm has a 50 day simple moving average of C$4.99 and a 200-day simple moving average of C$5.51. The company has a debt-to-equity ratio of 15.53, a current ratio of 0.96 and a quick ratio of 0.67. The firm has a market cap of C$1.39 billion and a PE ratio of 13.21. Fortuna Silver Mines has a 1-year low of C$3.77 and a 1-year high of C$12.61.


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Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last posted its quarterly earnings data on Thursday, November 11th. The company reported C$0.10 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.03). The firm had revenue of C$204.70 million for the quarter. As a group, sell-side analysts expect that Fortuna Silver Mines will post 0.54 earnings per share for the current fiscal year.

About Fortuna Silver Mines

Fortuna Silver Mines Inc engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. Its principal properties include the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; and the Lindero gold project located in Argentina.

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Analyst Recommendations for Fortuna Silver Mines (TSE:FVI)

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