Fortuna Silver Mines (FVI) PT Lowered to C$6.50
Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) had its target price reduced by analysts at National Bank Financial from C$7.00 to C$6.50 in a research note issued on Tuesday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s target price points to a potential upside of 93.45% from the company’s previous close. National Bank Financial also issued estimates for Fortuna Silver Mines’ FY2021 earnings at $0.76 EPS.
Other equities research analysts have also issued research reports about the stock. Canaccord Genuity set a C$6.50 price objective on shares of Fortuna Silver Mines in a research note on Monday, April 15th. CIBC lowered shares of Fortuna Silver Mines from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 5th. Finally, BMO Capital Markets set a C$7.50 price objective on shares of Fortuna Silver Mines and gave the stock an “outperform” rating in a research note on Thursday, February 21st.
TSE:FVI opened at C$3.36 on Tuesday. Fortuna Silver Mines has a one year low of C$3.32 and a one year high of C$7.78. The company has a debt-to-equity ratio of 14.07, a quick ratio of 2.34 and a current ratio of 2.71. The stock has a market cap of $569.39 million and a P/E ratio of 25.65.
Fortuna Silver Mines Company Profile
Fortuna Silver Mines Inc engages in the exploration, extraction, and processing of precious and base metal deposits in Latin America. The company explores for silver, gold, lead, and zinc deposits. Its principal properties include the Caylloma silver, lead, and zinc mine located in southern Peru; the San Jose silver-gold mine located in southern Mexico; and the Lindero gold project located in Argentina.
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