Fortuna Silver Mines Inc (TSE:FVI) to Release Earnings on Monday

Fortuna Silver Mines Inc (TSE:FVI) (NYSE:FSM) is set to release its earnings data after the market closes on Monday, August 14th. Analysts expect Fortuna Silver Mines to post earnings of $0.08 per share for the quarter.

Fortuna Silver Mines Inc (FVI) opened at 5.67 on Friday. The stock has a 50 day moving average price of $6.09 and a 200-day moving average price of $6.75. Fortuna Silver Mines Inc has a 12-month low of $5.44 and a 12-month high of $12.19. The firm has a market capitalization of $902.79 million and a PE ratio of 29.53.

A number of analysts have recently issued reports on FVI shares. National Bank Financial restated an “outperform” rating on shares of Fortuna Silver Mines in a report on Monday, May 15th. BMO Capital Markets restated an “outperform” rating and issued a C$9.00 target price on shares of Fortuna Silver Mines in a report on Thursday, May 25th. Finally, Raymond James Financial, Inc. restated a “strong-buy” rating and issued a C$10.00 target price on shares of Fortuna Silver Mines in a report on Tuesday, April 18th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Fortuna Silver Mines presently has a consensus rating of “Buy” and an average target price of C$9.60.

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About Fortuna Silver Mines

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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