Fortuna Silver Mines Inc. (TSE:FVI) Senior Officer Eric Chapman Sells 25,000 Shares of Stock

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) Senior Officer Eric Chapman sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of C$8.01, for a total transaction of C$200,250.00.

Eric Chapman also recently made the following trade(s):

• On Friday, May 17th, Eric Chapman sold 12,195 shares of Fortuna Silver Mines stock. The stock was sold at an average price of C$7.74, for a total value of C$94,389.30.
• On Monday, April 8th, Eric Chapman sold 48,900 shares of Fortuna Silver Mines stock. The stock was sold at an average price of C$6.41, for a total value of C$313,375.65.

Fortuna Silver Mines Trading Down 2.0 %

Shares of FVI stock opened at C$7.82 on Thursday. Fortuna Silver Mines Inc. has a fifty-two week low of C$3.56 and a fifty-two week high of C$8.08. The stock has a market cap of C$2.39 billion, a P/E ratio of -48.88 and a beta of 1.60. The business has a fifty day simple moving average of C$6.16 and a 200-day simple moving average of C$5.12. The company has a quick ratio of 1.15, a current ratio of 1.27 and a debt-to-equity ratio of 16.86.

Fortuna Silver Mines (TSE:FVI) (NYSE:FSM) last announced its quarterly earnings results on Wednesday, March 6th. The company reported C$0.10 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). Fortuna Silver Mines had a negative net margin of 3.98% and a negative return on equity of 2.02%. The firm had revenue of C$361.23 million during the quarter. On average, analysts forecast that Fortuna Silver Mines Inc. will post 0.2874728 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FVI. BMO Capital Markets increased their price target on Fortuna Silver Mines from C$6.50 to C$8.00 in a report on Thursday, May 9th. Canaccord Genuity Group raised their target price on Fortuna Silver Mines from C$6.00 to C$7.50 in a report on Tuesday, April 23rd. National Bankshares raised their target price on Fortuna Silver Mines from C$7.75 to C$9.00 and gave the company a “sector perform” rating in a report on Friday, May 17th. Finally, CIBC raised their target price on Fortuna Silver Mines from C$8.00 to C$9.25 and gave the company a “neutral” rating in a report on Wednesday.

About Fortuna Silver Mines

Fortuna Silver Mines Inc engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire.