Fortuna Silver Mines Inc (TSE:FVI) (NYSE:FSM)’s share price rose 6.9% during trading on Monday . The stock traded as high as C$5.80 and last traded at C$5.77. Approximately 259,080 shares changed hands during trading, a decline of 43% from the average daily volume of 451,671 shares. The stock had previously closed at C$5.40.

FVI has been the subject of several recent research reports. BMO Capital Markets restated an “outperform” rating and set a C$8.00 price target on shares of Fortuna Silver Mines in a research report on Friday, November 17th. National Bank Financial lowered their price target on shares of Fortuna Silver Mines from C$8.00 to C$7.50 and set an “outperform” rating for the company in a research report on Friday, November 10th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of C$8.17.

The stock has a market cap of $864.44, a PE ratio of 18.39 and a beta of -0.34.

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Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico.

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