Fortuna Silver Mines Downgraded to “Outperform” at Raymond James (FSM)
Separately, analysts at TheStreet downgraded shares of Fortuna Silver Mines from a “hold” rating to a “sell” rating in a research note on Thursday, April 3rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $5.25.
Shares of Fortuna Silver Mines (NYSE:FSM) traded down 0.92% on Friday, hitting $5.39. The stock had a trading volume of 93,049 shares. Fortuna Silver Mines has a 52 week low of $2.58 and a 52 week high of $5.63. The stock’s 50-day moving average is $4. and its 200-day moving average is $3.89. The company’s market cap is $680.9 million.
Fortuna Silver Mines (NYSE:FSM) last announced its earnings results on Tuesday, May 13th. The company reported $0.04 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.04. Analysts expect that Fortuna Silver Mines will post $0.19 EPS for the current fiscal year.
Fortuna Silver Mines Inc is engaged in silver mining and related activities, in Latin America, including exploration, extraction, and processing.
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