Fortuna Silver Mines (TSE:FVI) Insider Neil Colbourne Sells 7,000 Shares

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) insider Neil Colbourne sold 7,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of C$14.90, for a total value of C$104,300.00. Following the sale, the insider owned 6,000 shares in the company, valued at C$89,400. The trade was a 53.85% decrease in their position.

Neil Colbourne also recently made the following trade(s):

• On Friday, August 14th, Neil Colbourne sold 4,883 shares of Fortuna Silver Mines stock. The shares were sold at an average price of C$14.82, for a total transaction of C$72,366.06.
• On Friday, August 14th, Neil Colbourne sold 5,000 shares of Fortuna Silver Mines stock. The stock was sold at an average price of C$14.85, for a total transaction of C$74,250.00.
• On Friday, August 14th, Neil Colbourne sold 6,000 shares of Fortuna Silver Mines stock. The stock was sold at an average price of C$15.00, for a total transaction of C$90,000.00.

Fortuna Silver Mines Stock Performance

TSE:FVI traded down C$0.28 during trading hours on Tuesday, hitting C$14.64. 239,944 shares of the company were exchanged, compared to its average volume of 1,006,748. The company has a debt-to-equity ratio of 13.25, a current ratio of 3.00 and a quick ratio of 1.15. Fortuna Silver Mines Inc. has a 52-week low of C$9.56 and a 52-week high of C$18.99. The stock has a market capitalization of C$4.33 billion, a price-to-earnings ratio of 12.41 and a beta of 2.66. The company’s 50 day moving average price is C$12.58 and its 200-day moving average price is C$13.73.

Fortuna Silver Mines Company Profile

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan.