Share on StockTwits

Fortuna Silver Mines (NYSE:FSM) was downgraded by equities researchers at Raymond James from a “strong-buy” rating to an “outperform” rating in a research report issued on Friday.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.