Fortuna Silver Mines (TSE:FVI – Free Report) (NYSE:FSM) had its price objective increased by Canaccord Genuity Group from C$6.00 to C$7.50 in a research note released on Tuesday morning, BayStreet.CA reports.
Other equities analysts also recently issued research reports about the stock. CIBC lifted their price objective on shares of Fortuna Silver Mines from C$7.00 to C$8.00 in a report on Monday, April 15th. National Bankshares reduced their price target on shares of Fortuna Silver Mines from C$7.75 to C$7.50 in a report on Friday, April 19th. Finally, BMO Capital Markets reduced their price target on shares of Fortuna Silver Mines from C$7.00 to C$6.50 in a report on Friday, March 8th.
View Our Latest Research Report on FVI
Fortuna Silver Mines Stock Up 2.7 %
Fortuna Silver Mines (TSE:FVI – Get Free Report) (NYSE:FSM) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$0.10 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). The business had revenue of C$361.23 million during the quarter. Fortuna Silver Mines had a negative return on equity of 3.39% and a negative net margin of 6.03%. On average, equities research analysts anticipate that Fortuna Silver Mines will post 0.1223118 EPS for the current fiscal year.
Insider Activity at Fortuna Silver Mines
In related news, Senior Officer David Whittle sold 5,421 shares of Fortuna Silver Mines stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$4.91, for a total transaction of C$26,617.11. In other Fortuna Silver Mines news, Senior Officer Eric Chapman sold 48,900 shares of the business’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of C$6.41, for a total value of C$313,375.65. Also, Senior Officer David Whittle sold 5,421 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of C$4.91, for a total transaction of C$26,617.11. Company insiders own 0.77% of the company’s stock.
Fortuna Silver Mines Company Profile
Fortuna Silver Mines Inc engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire.
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