Insider Selling: Fortuna Silver Mines Inc. (TSE:FVI) Senior Officer Sells 5,421 Shares of Stock

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) Senior Officer David Whittle sold 5,421 shares of the stock in a transaction on Friday, April 12th. The shares were sold at an average price of C$4.91, for a total transaction of C$26,617.11.

Fortuna Silver Mines Price Performance

Shares of FVI opened at C$6.31 on Tuesday. Fortuna Silver Mines Inc. has a 1-year low of C$3.56 and a 1-year high of C$6.80. The stock has a market cap of C$1.93 billion, a PE ratio of -27.43 and a beta of 1.66. The firm has a 50-day simple moving average of C$4.64 and a two-hundred day simple moving average of C$4.58. The company has a debt-to-equity ratio of 20.51, a current ratio of 1.37 and a quick ratio of 1.15.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last announced its quarterly earnings results on Wednesday, March 6th. The company reported C$0.10 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). Fortuna Silver Mines had a negative net margin of 6.03% and a negative return on equity of 3.39%. The company had revenue of C$361.23 million for the quarter. As a group, analysts forecast that Fortuna Silver Mines Inc. will post 0.1223118 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FVI. CIBC raised their price target on shares of Fortuna Silver Mines from C$7.00 to C$8.00 in a research note on Monday. BMO Capital Markets decreased their price target on shares of Fortuna Silver Mines from C$7.00 to C$6.50 in a research note on Friday, March 8th. Finally, National Bankshares decreased their price target on shares of Fortuna Silver Mines from C$5.35 to C$5.00 in a research note on Tuesday, March 12th.

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.