Fortuna Silver Mines Inc. (TSE:FVI) had its price objective decreased by CIBC from C$13.00 to C$12.50 in a report issued on Tuesday morning.

Other equities analysts have also recently issued research reports about the company. Raymond James Financial Inc. lowered their target price on Fortuna Silver Mines from C$12.00 to C$8.25 in a research note on Tuesday, July 26th. National Bank Financial boosted their price target on Fortuna Silver Mines from C$10.00 to C$14.50 in a research note on Wednesday, July 13th. Canaccord Genuity raised Fortuna Silver Mines from a hold rating to a buy rating and lowered their price target for the company from C$12.25 to C$11.50 in a research note on Monday, October 24th. Finally, BMO Capital Markets lowered their price target on Fortuna Silver Mines from C$11.50 to C$9.00 and set a market perform rating for the company in a research note on Wednesday, August 10th.

Shares of Fortuna Silver Mines (TSE:FVI) opened at 9.30 on Tuesday. The stock’s 50 day moving average is $9.11 and its 200-day moving average is $9.46. The firm’s market cap is $1.35 billion. Fortuna Silver Mines has a 52-week low of $2.92 and a 52-week high of $12.73.

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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