Fortuna Silver Mines Inc. (TSE:FVI) Senior Officer Sells C$26,617.11 in Stock

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

Fortuna Silver Mines Price Performance

FVI opened at C$6.29 on Thursday. The firm has a market cap of C$1.93 billion, a price-to-earnings ratio of -27.35 and a beta of 1.66. Fortuna Silver Mines Inc. has a 1 year low of C$3.56 and a 1 year high of C$6.80. The stock’s 50 day simple moving average is C$4.73 and its 200 day simple moving average is C$4.61. 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 issued its quarterly earnings data 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). 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%. As a group, analysts predict that Fortuna Silver Mines Inc. will post 0.1223118 earnings per share for the current year.

Analyst Upgrades and Downgrades

FVI has been the topic of several recent research reports. CIBC raised their price target on Fortuna Silver Mines from C$7.00 to C$8.00 in a research report on Monday. National Bankshares reduced their price target on Fortuna Silver Mines from C$5.35 to C$5.00 in a research report on Tuesday, March 12th. Finally, BMO Capital Markets reduced their price target on Fortuna Silver Mines from C$7.00 to C$6.50 in a research report on Friday, March 8th.

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.