Fortuna Silver Mines (TSE:FVI – Get Rating) (NYSE:FSM) had its price objective cut by investment analysts at CIBC from C$6.00 to C$5.50 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. CIBC’s price objective points to a potential upside of 40.66% from the stock’s current price.
Other analysts have also recently issued research reports about the stock. BMO Capital Markets initiated coverage on shares of Fortuna Silver Mines in a research note on Tuesday, April 12th. They issued a “buy” rating and a C$7.00 price objective for the company. National Bankshares boosted their target price on shares of Fortuna Silver Mines from C$5.50 to C$6.50 in a research report on Wednesday, April 20th. Finally, Canaccord Genuity Group boosted their target price on shares of Fortuna Silver Mines from C$5.00 to C$6.00 in a research report on Friday, April 22nd. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$6.44.
Shares of Fortuna Silver Mines stock opened at C$3.91 on Thursday. Fortuna Silver Mines has a twelve month low of C$3.48 and a twelve month high of C$8.67. The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 13.07. The company has a 50-day simple moving average of C$4.88 and a two-hundred day simple moving average of C$4.86. The stock has a market capitalization of C$1.14 billion and a price-to-earnings ratio of 13.34.
Fortuna Silver Mines (TSE:FVI – Get Rating) (NYSE:FSM) last issued its quarterly earnings data on Wednesday, March 23rd. The company reported C$0.13 earnings per share for the quarter, missing the consensus estimate of C$0.15 by C($0.02). The business had revenue of C$249.37 million for the quarter, compared to analyst estimates of C$217.17 million. On average, sell-side analysts anticipate that Fortuna Silver Mines will post 0.43 earnings per share for the current fiscal year.
Fortuna Silver Mines Company
Fortuna Silver Mines Inc engages in the acquisition, exploration, and mining of precious and base metal deposits in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It holds interest in the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver and gold mine situated in southern Mexico; the Lindero gold project located in Argentina; Yaramoko gold mine situated in south western Burkina Faso; and Séguéla gold mine located in south western Côte d’Ivoire.