Scotiabank Cuts Fortuna Silver Mines Inc (FVI) Price Target to C$7.50

Fortuna Silver Mines Inc (TSE:FVI) (NYSE:FSM) had its target price cut by Scotiabank to C$7.50 in a report issued on Friday, StockTargetPrices.com reports. They currently have a sector perform rating on the stock.

Other analysts have also recently issued reports about the company. National Bank Financial reduced their price target on Fortuna Silver Mines from C$8.00 to C$7.75 and set an outperform rating for the company in a report on Wednesday, August 16th. CIBC reduced their price target on Fortuna Silver Mines from C$9.00 to C$8.00 in a report on Wednesday, August 16th. Finally, Canaccord Genuity reaffirmed a buy rating and set a C$8.50 price objective on shares of Fortuna Silver Mines in a report on Thursday, September 7th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of Buy and an average price target of C$8.46.

Shares of Fortuna Silver Mines (FVI) opened at 5.82 on Friday. Fortuna Silver Mines has a 12 month low of $5.42 and a 12 month high of $10.32. The stock has a market capitalization of $926.68 million and a PE ratio of 22.73. The company’s 50 day moving average price is $5.79 and its 200 day moving average price is $6.19.

COPYRIGHT VIOLATION NOTICE: This story was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/09/scotiabank-cuts-fortuna-silver-mines-inc-fvi-price-target-to-c7-50.html.

In other news, Director Durant Jorge A. Ganoza acquired 131,800 shares of Fortuna Silver Mines stock in a transaction that occurred on Monday, October 2nd. The stock was purchased at an average cost of C$4.51 per share, with a total value of C$594,418.00.

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 sout

Other analysts have also recently issued reports about the company. National Bank Financial reduced their price target on Fortuna Silver Mines from C$8.00 to C$7.75 and set an outperform rating for the company in a report on Wednesday, August 16th. CIBC reduced their price target on Fortuna Silver Mines from C$9.00 to C$8.00 in a report on Wednesday, August 16th. Finally, Canaccord Genuity reaffirmed a buy rating and set a C$8.50 price objective on shares of Fortuna Silver Mines in a report on Thursday, September 7th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of Buy and an average price target of C$8.46.

Shares of Fortuna Silver Mines (FVI) opened at 5.82 on Friday. Fortuna Silver Mines has a 12 month low of $5.42 and a 12 month high of $10.32. The stock has a market capitalization of $926.68 million and a PE ratio of 22.73. The company’s 50 day moving average price is $5.79 and its 200 day moving average price is $6.19.

COPYRIGHT VIOLATION NOTICE: This story was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/09/scotiabank-cuts-fortuna-silver-mines-inc-fvi-price-target-to-c7-50.html.

In other news, Director Durant Jorge A. Ganoza acquired 131,800 shares of Fortuna Silver Mines stock in a transaction that occurred on Monday, October 2nd. The stock was purchased at an average cost of C$4.51 per share, with a total value of C$594,418.00.

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.

Stock Target Prices

Analyst Recommendations for Fortuna Silver Mines (TSE:FVI)

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