Fortuna Silver Mines (TSE:FVI – Get Rating) (NYSE:FSM) had its target price cut by investment analysts at National Bankshares from C$5.75 to C$5.50 in a report issued on Monday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price target indicates a potential upside of 18.03% from the company’s current price.
Several other equities research analysts have also recently weighed in on FVI. Canaccord Genuity Group reduced their target price on shares of Fortuna Silver Mines from C$6.00 to C$5.50 in a research note on Wednesday, January 19th. BMO Capital Markets dropped their price target on shares of Fortuna Silver Mines from C$7.00 to C$6.50 in a research report on Friday. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$6.50.
Shares of TSE FVI traded down C$0.14 during mid-day trading on Monday, hitting C$4.66. The company had a trading volume of 599,472 shares, compared to its average volume of 1,025,312. 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 business’s 50-day simple moving average is C$4.82 and its 200-day simple moving average is C$5.03. Fortuna Silver Mines has a 12 month low of C$3.77 and a 12 month high of C$9.97. The firm has a market cap of C$1.36 billion and a P/E ratio of 13.12.
Fortuna Silver Mines (TSE:FVI – Get Rating) (NYSE:FSM) last released its earnings results on Wednesday, March 23rd. The company reported C$0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.15 by C($0.02). The company had revenue of C$249.37 million for the quarter, compared to analyst estimates of C$217.17 million. As a group, sell-side analysts predict that Fortuna Silver Mines will post 0.46 EPS for the current 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.