The stock of Fortuna Silver Mines Inc (TSE:FVI) is a huge mover today! About 52,101 shares traded hands. Fortuna Silver Mines Inc (TSE:FVI) has risen 12.14% since April 22, 2016 and is uptrending. It has outperformed by 6.12% the S&P500.
The move comes after 9 months positive chart setup for the $1.19B company. It was reported on Nov, 28 by Barchart.com. We have $8.64 PT which if reached, will make TSE:FVI worth $71.40M more.
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 $10.27 average target is 26.01% above today’s ($8.15) stock price. Fortuna Silver Mines Inc. has been the topic of 10 analyst reports since August 11, 2015 according to StockzIntelligence Inc. On Monday, October 24 the stock rating was upgraded by Canaccord Genuity to “Buy”. On Thursday, October 8 the stock rating was upgraded by IBC to “Sector Outperformer”.
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 $1.19 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.
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