Fortuna Silver Mines Inc. (TSE:FVI) – National Bank Financial decreased their Q3 2016 earnings estimates for shares of Fortuna Silver Mines in a research report issued to clients and investors on Wednesday. National Bank Financial analyst G. Doyle now expects that the firm will earn $0.11 per share for the quarter, down from their prior forecast of $0.12.
A number of other analysts also recently commented on FVI. BMO Capital Markets decreased their price objective on shares of Fortuna Silver Mines from C$11.50 to C$9.00 and set a “market perform” rating on the stock in a report on Wednesday, August 10th. CIBC boosted their price objective on shares of Fortuna Silver Mines from C$11.75 to C$13.00 in a report on Wednesday, August 10th. Raymond James Financial Inc. decreased their price objective on shares of Fortuna Silver Mines from C$12.00 to C$8.25 in a report on Tuesday, July 26th. Finally, Canaccord Genuity upped their price target on shares of Fortuna Silver Mines from C$11.75 to C$12.25 and gave the company a “hold” rating in a report on Tuesday, August 9th.
Fortuna Silver Mines (TSE:FVI) opened at 8.45 on Monday. The stock’s market cap is $1.23 billion. The company’s 50 day moving average is $9.70 and its 200-day moving average is $9.10. 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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