Fortuna Silver Mines (FSM) : During the past 4 weeks, traders have been relatively bearish on Fortuna Silver Mines (FSM), hence the stock is down -19.48% 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 -10.3% relative to the S&P 500. The 4-week change in the price of the stock is -21.11% and the stock has fallen -9.83% in the past 1 week.
The stock has recorded a 20-day Moving Average of 12.69% and the 50-Day Moving Average is 15.3%.The 200 Day SMA reached 35.46% Fortuna Silver Mines Inc. is up 16.56% in the last 3-month period. Year-to-Date the stock performance stands at 222.22%.
Fortuna Silver Mines (FSM) : 5 investment research analysts covering Fortuna Silver Mines (FSM) have an average price target of $8.8 for the near short term. The highest target price given by the Brokerage Firm to the stock is $15 and the lowest target is $4 for the short term. Analysts expect the variance to be within $4.38 of the average price.
Company shares have received an average consensus rating of Hold for the current week Fortuna Silver Mines (NYSE:FSM): stock was range-bound between the intraday low of $7.25 and the intraday high of $7.61 after having opened at $7.52 on Fridays session. The stock finally closed in the red at $7.52, a loss of -5.72%. The stock remained in the red for the whole trading day. The total traded volume was 6,438,279 shares. The stock failed to cross $7.61 in Fridays trading. The stocks closing price on Thursday was $7.25.
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.