BNP Paribas Financial Markets Has $624,000 Stake in Fortuna Silver Mines Inc. (NYSE:FSM)

BNP Paribas Financial Markets raised its stake in shares of Fortuna Silver Mines Inc. (NYSE:FSMFree Report) (TSE:FVI) by 133,433.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 161,575 shares of the basic materials company’s stock after buying an additional 161,454 shares during the quarter. BNP Paribas Financial Markets owned about 0.05% of Fortuna Silver Mines worth $624,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Rathbones Group PLC bought a new position in Fortuna Silver Mines during the 3rd quarter worth approximately $34,000. Private Advisor Group LLC acquired a new position in shares of Fortuna Silver Mines in the 3rd quarter valued at $66,000. SG Americas Securities LLC bought a new stake in shares of Fortuna Silver Mines in the 4th quarter valued at $82,000. Kingswood Wealth Advisors LLC acquired a new stake in Fortuna Silver Mines during the 4th quarter worth $100,000. Finally, HTLF Bank bought a new position in Fortuna Silver Mines during the fourth quarter worth about $112,000. 33.80% of the stock is owned by institutional investors.

Fortuna Silver Mines Stock Up 0.2 %

NYSE:FSM opened at $6.25 on Friday. The stock has a 50-day simple moving average of $4.84 and a 200 day simple moving average of $3.90. Fortuna Silver Mines Inc. has a 52-week low of $2.58 and a 52-week high of $6.36. The company has a market cap of $1.91 billion, a PE ratio of -56.77 and a beta of 1.57. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.76 and a current ratio of 1.27.

Fortuna Silver Mines (NYSE:FSMGet Free Report) (TSE:FVI) last issued its quarterly earnings results on Tuesday, May 7th. The basic materials company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.06. The company had revenue of $224.95 million during the quarter. Fortuna Silver Mines had a negative net margin of 3.94% and a positive return on equity of 6.04%. On average, sell-side analysts expect that Fortuna Silver Mines Inc. will post 0.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Scotiabank raised their price target on Fortuna Silver Mines from $4.75 to $6.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 23rd. upgraded shares of Fortuna Silver Mines from a “hold” rating to a “buy” rating in a report on Wednesday, May 8th. Finally, TheStreet lowered shares of Fortuna Silver Mines from a “c-” rating to a “d” rating in a report on Thursday, March 7th.

Get Our Latest Stock Analysis on FSM

Fortuna Silver Mines Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Fortuna Silver Mines (NYSE:FSM)

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