Fortuna Silver Mines (FSM) gains 5.62% for October 13

Equities Staff  |

Fortuna Silver Mines Inc. (NYSE: FSM), a Vancouver, British Columbia, company, gained to close at $4.51 Wednesday after gaining $0.24 (5.62%) on volume of 4,353,903 shares. The stock ranged from a high of $4.60 to a low of $4.32 while Fortuna Silver Mines’s market cap now stands at $1,314,329,551.

About Fortuna Silver Mines Inc.

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with operations in Peru, Mexico and Argentina. Sustainability is integral to all our operations and relationships. We produce silver and gold and generate shared value over the long-term for our shareholders and stakeholders through efficient production, environmental protection, and social responsibility.

Visit Fortuna Silver Mines Inc.’s profile for more information.

The Daily Fix

BlackRock Beats Q3 Profit Estimates, But Asset Growth Flattens

BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world's largest money manager from growing its assets under management.

Asset managers have benefited from rising global financial markets in recent quarters as investors put money to work, making the most of the post-pandemic economic reopening, driven by progress on vaccinations and strong fiscal and monetary aid.

[More]


JPMorgan Misses on Third Quarter Revenue, Beats Earnings Estimates With One-Time Items
 

JPMorgan Chase posted a 24% jump in third-quarter profits on Wednesday, largely driven by one-time items that boosted its results, as the bank struggled to grow revenues with interest rates at near-zero levels.

The nation’s largest bank by assets said it earned a profit of $11.69 billion, or $3.74 per share, compared with a profit of $9.44 billion, or $2.92 per share, in the same period a year earlier. The bank had two one-time items that helped boost its profits this quarter: a $566 million income tax benefit and the release of $2.1 billion from its troubled loans books, something the JPMorgan has been doing every three months since the U.S. economy started recovering from the pandemic.

[More]


 

Emerson Electric To Merge Industrial Software Businesses With Aspen Technology

Industrial software maker Emerson Electric Co (NYSE: EMR) will merge two of its businesses with smaller rival, Aspen Technology Inc (Nasdaq:AZPN), in a deal worth $11 billion. 

The cash-and-stock transaction announced Monday values AspenTech at about $160 per share, a 27% premium to its Oct. 6 close, before Bloomberg News first reported on talks between the two companies. 

[More]


About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Fortuna Silver Mines Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: Fortuna Silver Mines Inc.’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Trending Articles

Hertz Orders 100,000 Tesla Model 3 Vehicles; First Step Toward Electrifying Fleet
Restaurant Brands International Misses Revenue Estimates; Cites Staffing Shortage, COVID-19
Sustainable Shoe Maker Allbirds Seeks IPO Valuation North of $2 Billion
Stellantis and Samsung SDI Form Joint Venture for Electric Vehicle Batteries
California Proposes Oil and Gas Drilling Buffer Zone Around Communities
Jobless Claims Fall to 290,000 — 19-Month Low
Paul Tudor Jones Calls Inflation 'Single Biggest Threat' to Financial Markets
FDA Expands Booster Dose Usage Authorization for COVID-19 Vaccines



Market Movers

Sponsored Financial Content