Fortuna Silver Mines (FSM) Shares are Down -2.29%

Fortuna Silver Mines (FSM) : During the past 4 weeks, traders have been relatively bearish on Fortuna Silver Mines (FSM), hence the stock is down -12.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.46% relative to the S&P 500. The 4-week change in the price of the stock is -13.29% and the stock has fallen -2.29% in the past 1 week.

The stock has recorded a 20-day Moving Average of 7.68% and the 50-Day Moving Average is 13.22%.The 200 Day SMA reached 29.31%


Fortuna Silver Mines (NYSE:FSM): The stock opened in the green at $7.57 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $7.73 and a low of $7.24 for the day. The stock did not find buyers even at the lows and closed at $7.24 recording a loss of -1.50%. 1,604,801 shares exchanged hands during the trading day. The stock had closed at $7.24 in the previous days trading.

Fortuna Silver Mines (FSM) : The highest short term price target forecast on Fortuna Silver Mines (FSM) is $15 and the lowest target price is $4. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $8.87 with a standard deviation of $4.39.

Fortuna Silver Mines Inc. (Fortuna) is a Canada-based mining company, which is engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company is engaged in the mining and processing of silver-lead, zinc and silver-gold products, and the sale of these products. The Company operates the Caylloma mine and the San Jose mine. Caylloma is an underground silver, lead and zinc mine located in southern Peru, in the Arequipa Department. San Jose is an underground silver-gold mine located in southern Mexico in the State of Oaxaca. The Company operates in Canada, Peru and Mexico. The Companys subsidiaries include Minera Bateas S.A.C., Fortuna Silver Mines Peru S.A.C., Compania Minera Cuzcatlan SA, Fortuna Silver Mexico, S.A. de CV., Fortuna Silver (Barbados) Inc. and Continuum Resources Ltd.

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