Fortuna Silver Mines (TSE:FVI) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Fortuna Silver Mines Inc. (TSE:FVIGet Free Report) (NYSE:FSM) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.71 and traded as low as C$6.19. Fortuna Silver Mines shares last traded at C$6.20, with a volume of 916,159 shares changing hands.

Fortuna Silver Mines Stock Performance

The firm’s fifty day simple moving average is C$6.76 and its 200 day simple moving average is C$6.70. The company has a market capitalization of C$1.94 billion, a PE ratio of -39.25 and a beta of 1.63. The company has a debt-to-equity ratio of 16.12, a current ratio of 1.51 and a quick ratio of 1.15.

About Fortuna Silver Mines

(Get Free Report)

Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d’Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d’Ivoire.

Featured Articles

Receive News & Ratings for Fortuna Silver Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortuna Silver Mines and related companies with MarketBeat.com's FREE daily email newsletter.