The stock of Fortuna Silver Mines Inc (TSE:FVI) is a huge mover today! About 180,986 shares traded hands. Fortuna Silver Mines Inc (TSE:FVI) has risen 87.38% since April 1, 2016 and is uptrending. It has outperformed by 85.42% the S&P500.
The move comes after 7 months negative chart setup for the $1.18 billion company. It was reported on Nov, 7 by Barchart.com. We have $8.22 PT which if reached, will make TSE:FVI worth $106.20M less.
Fortuna Silver Mines Inc (TSE:FVI) Ratings Coverage
Out of 2 analysts covering Fortuna Silver Mines Inc. (TSE:FVI), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $13 is the highest target while $3.60 is the lowest. The $10.37 average target is 14.84% above today’s ($9.03) stock price. Fortuna Silver Mines Inc. has been the topic of 9 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Monday, October 24 by Canaccord Genuity. The stock of Fortuna Silver Mines Inc (TSE:FVI) earned “Sector Outperformer” rating by IBC on Thursday, October 8.
Another recent and important Fortuna Silver Mines Inc (TSE:FVI) news was published by Streetinsider.com which published an article titled: “Fortuna Silver Mines, Inc. (FSM) to Acquire Goldrock Mines; Deal has EV of C$129M” on June 08, 2016.
Fortuna Silver Mines Inc. is a Canada mining firm engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The company has a market cap of $1.18 billion. The Firm operates the Caylloma silver, lead, and zinc mine in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico. It currently has negative earnings. The Company’s divisions include Corporate, Bateas and Cuzcatlan.