Fortuna Silver Mines (TSE:FVI) PT Raised to C$6.50 at National Bankshares

Fortuna Silver Mines (TSE:FVIGet Rating) (NYSE:FSM) had its price target boosted by National Bankshares from C$5.50 to C$6.50 in a research report issued on Wednesday, BayStreet.CA reports. National Bankshares’ target price suggests a potential upside of 22.41% from the stock’s current price.

A number of other equities analysts have also commented on FVI. Canaccord Genuity Group lowered their price target on shares of Fortuna Silver Mines from C$6.00 to C$5.50 in a research report on Wednesday, January 19th. BMO Capital Markets started coverage on shares of Fortuna Silver Mines in a report on Tuesday, April 12th. They set a “buy” rating and a C$7.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from, the company has an average rating of “Hold” and a consensus price target of C$6.67.

TSE:FVI traded down C$0.02 during mid-day trading on Wednesday, hitting C$5.31. 540,814 shares of the stock were exchanged, compared to its average volume of 1,016,160. The firm’s 50-day simple moving average is C$5.04 and its 200 day simple moving average is C$5.00. The stock has a market capitalization of C$1.55 billion and a price-to-earnings ratio of 18.41. Fortuna Silver Mines has a fifty-two week low of C$3.77 and a fifty-two week high of C$9.97. The company has a debt-to-equity ratio of 13.07, a quick ratio of 1.09 and a current ratio of 1.69.

Fortuna Silver Mines (TSE:FVIGet Rating) (NYSE:FSM) last posted 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 during the quarter, compared to analysts’ expectations of C$217.17 million. On average, analysts predict that Fortuna Silver Mines will post 0.4 EPS for the current fiscal year.

Fortuna Silver Mines Company Profile (Get Rating)

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.

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