BMO Capital Reiterates a Buy Rating on Fortuna Silver Mines (FSM)


According to The Fly, bMO Capital analyst Ryan Thompson reiterated a Buy rating on Fortuna Silver Mines (FSM) today. The company’s shares opened today at $3.31, close to its 52-week low of $3.16.

According to TipRanks.com, Thompson is ranked 0 out of 5 stars with an average return of -18.1% and a 23.3% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, First Majestic Silver, and Silvercorp Metals Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortuna Silver Mines.

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Fortuna Silver Mines’ market cap is currently $529.3M and has a P/E ratio of 8.02. The company has a Price to Book ratio of 0.88.

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Fortuna Silver Mines, Inc. engages in the exploration, extraction and processing of precious and base metal in Latin America. It operates through the following business segments: Bateas, Cuzcatlan, Lindero, and Corporate. The Beates segment operates the Caylloma silver, lead, and zinc mine. The Cuzcatlan segment handles the San Jose silver-gold mine.

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